letzrockexpress
Veteran Expediter
And this, Mr. Shooter, is what "Effectively" means.
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And this, Mr. Shooter, is what "Effectively" means.
You just go ahead and tell us why I'm wrong
Elmer you will anyway. Let's save a step.
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I can't make fun of a simple typo without you snapping back with an insult? Oh-kayeee.
Nevertheless, the question is a legitimate one. Seems to me that both a tax cut and a tax break reduce taxes in some way. It also seems a lot of different terms that are synonyms with each other are getting bandied about as if they all mean something different from each other: tax cut, tax break, tax credit, tax subsidy, tax deduction, tax rebate, etc., usually in terms of political rhetoric used to describe the virtues and evilness of each. So what is the diffwrance?
This isn't school where we get homework assignments. If you believe my statement is wrong go ahead and have at it. If you don't feel so then it just doesn't matter.
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He just asked a question - he didn't say anything about "Do this and then get back to me."
Asking questions, we do all the time - it's that "get back to me" line that's insufferable. THAT'S a homework assignment, neh?
It's just a question, man. I don't believe your statement is neither right nor wrong, the only thing I believe is that I don't know what the difference is, and I gave you my take on it and simply asked you to expound on your statement so that I'd know.
paullud
Veteran Expediter
I see that the end result is the same for a tax break and a tax subsidy but that would be like driving a load from LA to NY and saying it was flown there because the end result is the same, the load made it. A tax break for a business is not a subsidy because the money isn't taken from someone else to make up for the shortfall. The tax revenue increases because people are paying sales tax, fuel tax, fines, and income tax that benefits the state and local area with money that would never be there if that business were not. A tax subsidy is a discount program like STAR where people are given a lower amount to pay at the expense of another person because the schools and local municipalities still need a certain amount.
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"those revenue losses attributable to provisions of the "
SO, if I never had a dollar I could still lose it? That makes sense. Since the government has not money, nor can it earn it, it cannot say that they "lost" money by allowing us to keep what is rightfully ours in the first place. I also believe that Webster is a better source for defintions than the congress!
The government has the RIGHT? to collect taxes? I was always taught that all RIGHTS were reserved for the States and the People. That the feds only had responsibilities and authorities. Was I taught wrong or has the feds now assumed RIGHTS?
SO, if I never had a dollar I could still lose it? That makes sense. Since the government has not money, nor can it earn it, it cannot say that they "lost" money by allowing us to keep what is rightfully ours in the first place. I also believe that Webster is a better source for defintions than the congress!
The government has the RIGHT? to collect taxes? I was always taught that all RIGHTS were reserved for the States and the People. That the feds only had responsibilities and authorities. Was I taught wrong or has the feds now assumed RIGHTS?
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letzrockexpress
Veteran Expediter
You claim to be a defender of the Constitution. Does your defense include the 16th Amendment? Perhaps you should re-read it, specifically Articles I and II.
It gives congress the power to levy and collect taxes, not the RIGHT. Government can neither assume, grant or resend rights. As far as I can remember, the federal government is not afforded rights, those are reserved for the People and the States. The feds have responsibilities and tightly defined authorities only.
There is more than one type of right. Many rights are legally granted, rather than inalienable. The applicable definition here is, a just claim or title, whether legal, prescriptive, or moral.
OK, I can see that. What you would then say is that the People, not matter how foolishly, granted the Federal government the right to collect an income tax. That grant would have to come from the People since the federal government has no authority other than what is specifically outlined in the Constitution.
letzrockexpress
Veteran Expediter
Yes, we know. We've known it for some time. I'm surprised you didn't.