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To: PeterPrinciple
The government shares in my gains as well as my losses via the tax structure which is only fair.

Respectfully friend, you need to loose the mindset that your benevolent government is sharing in your losses. It isn't either philosophically or practically.

14 posted on 04/03/2014 10:00:46 AM PDT by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: Errant

I will try one more time.

I have a $100,000 to invest but I have a rich uncle who thinks it is good to invest so he tells me that if I lose it, he will cover $30,000 of the loss. I lose the $100,000 so uncle writes me a check. So that tells me I am only risking $70,000 of my money. In my mind that is a subsidy.....................................

Now you are going to say that uncle wants 30% of my profits, but that is a SEPARATE issue.

Now, it is good business management to manage my risk. Given the choice, I would rather risk $70,000 than $100,00. Now you may have a moral or emotional opinion of this, that is fine but it does not change what it is.

Why would you assume that I think I have benevolent govt?


16 posted on 04/03/2014 10:31:01 AM PDT by PeterPrinciple
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