@AristotlesAge No. Big-government politicians make a rhetorical distinction to disguise what's happening. TARGETED tax breaks ARE subsidies.
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Replying to @justinamash
@justinamash 4 elements here: targeted/non-targeted, and taxing less/subsidizing more. All tax breaks = good, even if targeted = less good1 reply 0 retweets 0 likes -
Replying to @AristotlesAge
@AristotlesAge Govt taxes $100 per business and mails $10 check to Business X = Govt taxes $100 per business and exempts $10 from Business X2 replies 0 retweets 1 like -
Replying to @justinamash
@justinamash Not the same because of ownership and incentives. Biz #1 gets $10 more of others' money. Biz #2 loses $10 less of its property.1 reply 0 retweets 0 likes -
Replying to @AristotlesAge
@AristotlesAge That's just semantics; they are functionally identical. And both scenarios violate the Rule of Law.2 replies 0 retweets 1 like -
Replying to @justinamash
@justinamash Clear distinction, maybe not in gov't net revenues, but in property rights, big dif. #2=less violations, #1=more violations.1 reply 0 retweets 0 likes -
Replying to @AristotlesAge
@AristotlesAge You're engaging in form of broken window fallacy. You assume alt to subsidy is lower taxes, but alt to tgtd tax break is not.2 replies 0 retweets 2 likes -
Replying to @justinamash
@justinamash Broken window fallacy is about how demand drives supply, but I'm not making that point. I believe in opposite, Say's Law.1 reply 0 retweets 0 likes -
Replying to @AristotlesAge
@AristotlesAge You are not seeing half the picture. Subsidies and targeted tax breaks have same opportunity costs. Both cause higher taxes.3 replies 1 retweet 2 likes -
Replying to @justinamash
@justinamash Anyways, g'night, have to postpone this good discussion. Keep fighting for liberty and rights.1 reply 0 retweets 0 likes
@AristotlesAge Thanks. Enjoyed the discussion. Please keep considering my point. I think it's critical if we are to preserve liberty.
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