- Thread starter
- #201
All big companies get 'tax breaks' to seed commerce...jobs.
which is not true capitalism. true capitalism would tax all companies at the same rate. giving a competitive advantage to one company over another is more like socialism.
The thread was statrrted because I got tired of ALL politicians whi use the term "break" and "subsidy" when it came to the oil companies
A tax rate, is simply that, a tax rate. No matter what the law allows at the end of the day those corporations have a rate of burden they must hand over to the US treasury thru the IRS
None of these companies get a subsidy, none (see GM for example)
The term "break" is ok I guess, but when I do my taxes and use a dependant to lower my "burden" or "rate" at no time during that 10,000 expense do I feel like I am getting a break
One thing this thread has shown me, It scares me the number of people who do not understand a higher tax burden on Exxon will be a clean pass thru to us