[griswold3]

Define ‘subsidy’

[Conservative_Rob]

It costs 1.50/gal to produce the product, but it won't sell for more than 1.00/gal. The gubmint (us stoopid taxpayers) hands over $0.75/gal to encourage the production of a product we don't want because we're too stoopid to know that it's better for us.

The vast majority of ethanol producers are working for the subsidy, and would probably shut down without it.

[American Constitutionalist]

" Define ‘subsidy "

Government coercing ? taking from tax payers to pay and line with money the pockets of another ?

[JimRed]

Define ‘subsidy’...

In this context it would be public money paid to keep the price of a commodity artificially low.

[who_would_fardels_bear]

"Define ‘subsidy’

If a corporation is supposed to pay X% of their profits in taxes and they pay less than X% of their taxes in profits then they are receiving a subsidy.

If you think corporations are paying too high a tax they you should advocate lowering X. All deductions are really subsidies. If a flat tax makes sense it is with regard to corporate taxes. We should not be encouraging or discouraging businesses in anyway via the tax code. All this does is give lobbyists a reason to exist.

I realize that all taxes on corporations ultimately get passed on either as wage reductions or price increases, but there is no realistic way we are going to get rid of the corporate income tax any time soon. In the meantime, the more deductions we eliminate, and the more we lower the overall tax rate the better.

Screw Grover Norquist, Delay, and all their scumbag lobbyist buddies!