Silicon Investor (SI) -- The First Internet Community

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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bread Upon The Water who wrote (240702)	12/29/2013 1:25:57 PM
From: bentway	Read Replies (1) \| Respond to of 541111

"This concept of "subsidization" is a "Johnny come lately" to our culture don't you think? Against it are centuries of the concept of American rugged Individualism and people taking care of themselves." That's a ridiculous right-wing fantasy. We've subsidized things since the founding or our republic. Our biggest welfare whores today are corporations. We've subsidized homeowners for decades by letting them deduct their mortgage interest. We subsidized the internet by letting things be sold on it without being taxed. We subsidize things and groups all the time. Usually, the special interest winning the subsidy has an army of high paid lobbyists and huge bucks showering on legislators. Mitt Romney got some VERY favorable tax treatment for his class when he was a financial scammer with such tactics, documented HERE: forbes.com