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<blockquote data-quote="av8torntn" data-source="post: 954160" data-attributes="member: 8259"><p>It may be possible that we define subsidies differently. I think normally people that are pro large government see all that exists as possible because the government allows it to exist. An example would be when an oil company can deduct equipment expense on their taxes it may be viewed as a subsidy because the government through the tax system treats them much like they do other companies. (That could be a side argument for a simpler tax structure if a tax structure is even needed.) I do not subscribe to this view. I see a subsidy as a payment or a transfer of money. I can see a scenario where you can expand that definition a little to things like loan guarantees for lower interest rates than the free market would provide as a subsidy. We see attacks on big oil but not big government. I think I could live better without government than I could without energy. As a general rule I would support lower taxes for everyone but specifically I see no reason to punish success or punish productivity. </p><p></p><p>I also thought that you may have specific subsidies in mind that you would like to cut. As a general principal I'd be all for cutting any subsidy. You then back that up with you support subsidies for some industries but not others. In that case I would oppose you picking winners and losers in the markets through government for everyone else. </p><p></p><p>I get the feeling that your overall opinion is that renewable energy companies are at a disadvantage in the marketplace to non renewable energy companies because the government favors them. If this is the true I'd have interest in your case if you've formulated one although it would be unlikely that I would agree. </p><p></p><p></p><p>There are many examples of subsidies that do not involve a transfer of cash so I may be missing something. Government cheese is the classic example here. Another example of subsidies would be when a government subsidizes wages to create an incentive for an industry to hire additional workers to reduce unemployment/underemployment(in a way the government would be giving a subsidy to a third party and not directly to the company) so I am open to the possibility that I am missing some great subsidy to oil companies.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 954160, member: 8259"] It may be possible that we define subsidies differently. I think normally people that are pro large government see all that exists as possible because the government allows it to exist. An example would be when an oil company can deduct equipment expense on their taxes it may be viewed as a subsidy because the government through the tax system treats them much like they do other companies. (That could be a side argument for a simpler tax structure if a tax structure is even needed.) I do not subscribe to this view. I see a subsidy as a payment or a transfer of money. I can see a scenario where you can expand that definition a little to things like loan guarantees for lower interest rates than the free market would provide as a subsidy. We see attacks on big oil but not big government. I think I could live better without government than I could without energy. As a general rule I would support lower taxes for everyone but specifically I see no reason to punish success or punish productivity. I also thought that you may have specific subsidies in mind that you would like to cut. As a general principal I'd be all for cutting any subsidy. You then back that up with you support subsidies for some industries but not others. In that case I would oppose you picking winners and losers in the markets through government for everyone else. I get the feeling that your overall opinion is that renewable energy companies are at a disadvantage in the marketplace to non renewable energy companies because the government favors them. If this is the true I'd have interest in your case if you've formulated one although it would be unlikely that I would agree. There are many examples of subsidies that do not involve a transfer of cash so I may be missing something. Government cheese is the classic example here. Another example of subsidies would be when a government subsidizes wages to create an incentive for an industry to hire additional workers to reduce unemployment/underemployment(in a way the government would be giving a subsidy to a third party and not directly to the company) so I am open to the possibility that I am missing some great subsidy to oil companies. [/QUOTE]
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