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To: traditional1
The collecting to pay for OTHER entitlement programs is picked up by the taxpayer. It's simple wealth re-distribution at taxpayer expense, where a lobbyist interest gains a "credit" (which means THEY don't get taxed), but to fund this shortfall, taxpayers get gouged somewhere else.

Not following the logic here. Just because a wind developer pays less tax doesn't mean somebody else necessarily pays more. You're arguing that $1 less sent to the US treasury means somebody else is charged some incremental $1 somewhere else?

When Bush lowered your tax rate, let's call it a tax credit on the revenue of "traditional1, inc.", did somebody else get charged more?

41 posted on 01/18/2008 6:35:14 AM PST by Uncledave
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To: Uncledave
"You're arguing that $1 less sent to the US treasury means somebody else is charged some incremental $1 somewhere else?"

Exactly, if programs continue, and are paid for by taxpayers, then the added revenue that SHOULD have come from other projects that recieved subsidies, the taxpayer continues to pick up that slack.

Likewise, where revenues would have INCREASED absent the tax-breaks, escalating expenditures that Congress ALWAYS comes up with are funded by ....(guess who)....the TAXPAYERS, instead of offset by the foregone subsidy revenues.

Follow the money......

60 posted on 01/18/2008 9:26:57 AM PST by traditional1 (Thompson/Hunter '08)
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