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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (95842)	10/25/2012 4:14:14 AM
From: elmatador	1 Recommendation Respond to of 218645

You want money from the US! "If I buy a hybrid car...I receive a larger deduction that reduces my taxable income, lowering my tax bill. While the government is not giving me money, these special targeted tax breaks are no less “government spending” than they would be if the government sent me a cheque. " When America moves money around it is doling out money to its citizens! These features are rightly called “tax expenditures”, because they describe the government spending that occurs through the tax code. Eliminating or reducing these tax expenditures should, therefore, be seen as cutting government spending. Although the effect is to raise revenue, that is just an accounting convention. The fundamental economic effect is to reduce government spending. Message 28498040 Government spending is moving money around, money the US no longer have!