Quote:
Originally Posted by scaeagles
Are the subsidies that were given a loan? That sounds like an ignorant question and it may be. If it was indeed set up as a loan, then by all means they should be paying it back.
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Was it specifically set up as a loan? No. But that's why these things are voted on regularly by our representative government and not set in stone. It was a vote from Congress that sent them tax money to bail them out. And while it was not specifically categorized as a loan, if that same representative Congress feels that it's time for that flow of money to change direction to benefit the people, then it makes sense.
I'm with Alex in that I probably wouldn't support either the subsidies or the windfall taxes on their own. But given that the subsidies already happened, windfally taxes would be to the benefit of the body that provided those subsidies.