American Presidential Politics and foreign affairs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: greatplains_guy who wrote (70879)	10/30/2014 1:00:15 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

Re: "Welfare of all types distorts markets and causes dependency behaviors with bad effects on the economy" I COMPLETELY agree. And 'tax expenditures' (otherwise known as tax loopholes, special interest provisions that direct slush, special monetary benefits to specific parties) ARE welfare. Money is money. One of the largest factors holding our economy down is the massively complicated and corrupted tax codes. When corporations (and individuals) spend more time and effort seeking out narrow (but lucrative) tax favors and benefits instead of basing their decisions upon how best to compete and succeed in a free market then the rate of growth of the entire country is depressed. Special interest corruptions of the codes get people thinking about how best to structure their affairs so as to capture the tax welfare... instead of investing in physical and intellectual capital to produce something for the markets. (And, simply counting the BILLIONS of dollars devoted to these cash transfers, they far, far EXCEED the monetary cost of simple 'welfare' payments. They dwarf them.)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next