Subsidies and special (targeted) tax breaks are identical from an economic standpoint. Let me explain why. => https://www.facebook.com/justinamash/posts/10153740170803866 …
@Dyzalot I want lower spending, but only accurate way to compare *tax effect* of subsidies vs special tax breaks is to hold spending steady.
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@justinamash And how does one "hold spending steady" when adding a subsidy? You cutting elsewhere? If so then no "tax effect". -
@Dyzalot To accurately assess how subsidies and special tax breaks affect overall taxation, you must fix all variables other than taxation.
End of conversation
New conversation -
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@justinamash What is a "tax effect"? And why should I care? That logic says the "tax effect" of lower taxes is the same as new spending -
@justinamash You don't need to use this tortured logic to argue against targeted tax breaks.
End of conversation
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