Ballot Measure 1 (Alaska)

[Mr. Illini]

Yea

[SNJ1985]

Only if tax breaks for everyone else is included in the deal. I wouldn't call this corporate welfare, but I can't support tax breaks for some and not for others.

That's my position here as well.

[Indy Texas]

When you tell someone they don't have to pay a tax that they otherwise would have to pay, the "welfare" is the amount of taxes they got out of paying. That's money in their pocket that otherwise would not be there.

Well, yes. I have money in my pocket that otherwise would not be there if there were a 100% income tax. Is that a "subsidy?" I guess the profits of oil companies are a form of "subsidy" from companies that buy oil, just like every business in existence is "subsidized" by the consumers who patronize it. The point is that it isn't a government subsidy, which is what "corporate welfare" typically refers to.

Yes. If we had a 100% income tax and you received an exemption from it, the money you save would be a subsidy.

Any more straw men?