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<blockquote data-quote="moreluck" data-source="post: 853201" data-attributes="member: 1246"><p>The USPS is subsidized because that has been UPS's complaint about it for decades!!</p><p></p><p>"The USPS is a wholly owned subsidiary of the United States government subsidized by the US taxpayers."</p><p></p><p>from 1989....</p><p>"At present, with its $1.5 billion in annual taxpayer subsidies and its 10 billion line of credit with the U.S. Treasury, the USPS receives consider able financial support from the government. However, through a series of management improvements recommended by the General Accounting Office GAO), the Presidents Commission on Privatization, and the Postal Rate 1 Commission, the USPS easily could elimina te the need for these subsidies generate surpluses, and shift its borrowing to the private sector."</p><p></p><p><a href="http://www.heritage.org/Research/Reports/1989/06/How-to-Move-the-Postal-Service-Truly-Off-Budget" target="_blank">http://www.heritage.org/Research/Reports/1989/06/How-to-Move-the-Postal-Service-Truly-Off-Budget</a></p><p></p><p></p><p></p><p></p><p>"The postal service is heavily subsidized. It does not pay property taxes on its post office buildings and lands. It is exempt from State sales taxes. Private firms must pay such taxes, which get passed on to consumers. And yet with these subsidies, the USPS is still not able to compete with private enterprise, and government legally prohibits the private companies from doing business. " <a href="https://web.archive.org/web/20130730102105/http://www.progress.org/archive/fold190.htm" target="_blank">https://web.archive.org/web/20130730102105/http://www.progress.org/archive/fold190.htm</a></p><p></p><p></p><p>"The government says the P.O. is not subsidized by tax revenue. Of course, it lies."</p></blockquote><p></p>
[QUOTE="moreluck, post: 853201, member: 1246"] The USPS is subsidized because that has been UPS's complaint about it for decades!! "The USPS is a wholly owned subsidiary of the United States government subsidized by the US taxpayers." from 1989.... "At present, with its $1.5 billion in annual taxpayer subsidies and its 10 billion line of credit with the U.S. Treasury, the USPS receives consider able financial support from the government. However, through a series of management improvements recommended by the General Accounting Office GAO), the Presidents Commission on Privatization, and the Postal Rate 1 Commission, the USPS easily could elimina te the need for these subsidies generate surpluses, and shift its borrowing to the private sector." [URL]http://www.heritage.org/Research/Reports/1989/06/How-to-Move-the-Postal-Service-Truly-Off-Budget[/URL] "The postal service is heavily subsidized. It does not pay property taxes on its post office buildings and lands. It is exempt from State sales taxes. Private firms must pay such taxes, which get passed on to consumers. And yet with these subsidies, the USPS is still not able to compete with private enterprise, and government legally prohibits the private companies from doing business. " [URL]https://web.archive.org/web/20130730102105/http://www.progress.org/archive/fold190.htm[/URL] "The government says the P.O. is not subsidized by tax revenue. Of course, it lies." [/QUOTE]
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