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So The Post Office...
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<blockquote data-quote="The Other Side" data-source="post: 1570126" data-attributes="member: 17969"><p>Did you read the article??</p><p></p><p>In theory. There is no actual cash being handed over. These are exclusions from taxes and a small portion of costs covered by the government for the poor, deaf, blind and some old republicans. (thus the deaf and blind)</p><p></p><p>From your article, the writer explains that laws prevent private companies from delivering the mail, and this makes up the majority of the 18 billion dollars you are trying to claim as a gift.</p><p></p><p>14 billion dollars is gained from eliminating competition the writer explains. This isnt a tax break or a bailout. Its a theory.</p><p></p><p>By not paying state or federal taxes, the postal service saves approx 2.5 billion dollars. </p><p></p><p>The post office is allowed to borrow money at extremely cheap rates and if forced to pay commercial rates, the interest alone would top 500 million on a loan.</p><p></p><p>These dont represent gifts.</p><p></p><p>The writer used the term GIFT when he meant subsidies.</p><p></p><p>Using the word GIFT just makes it sound appealing to people like you who dont read past the headline.</p><p></p><p>TOS.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1570126, member: 17969"] Did you read the article?? In theory. There is no actual cash being handed over. These are exclusions from taxes and a small portion of costs covered by the government for the poor, deaf, blind and some old republicans. (thus the deaf and blind) From your article, the writer explains that laws prevent private companies from delivering the mail, and this makes up the majority of the 18 billion dollars you are trying to claim as a gift. 14 billion dollars is gained from eliminating competition the writer explains. This isnt a tax break or a bailout. Its a theory. By not paying state or federal taxes, the postal service saves approx 2.5 billion dollars. The post office is allowed to borrow money at extremely cheap rates and if forced to pay commercial rates, the interest alone would top 500 million on a loan. These dont represent gifts. The writer used the term GIFT when he meant subsidies. Using the word GIFT just makes it sound appealing to people like you who dont read past the headline. TOS. [/QUOTE]
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