Quote:
Originally Posted by Ghoulish Delight
And tax revenue benfits the people. It's a government of the people, by the people, for the people.
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I suppose I disagree with that to an extent. The government is fat and bloated and wasteful and providing the government with more money leads to more of the same.
I would not even be against a higher tax rate in return when the company becaomes profitable after a subsidy - as long as that was a stipulation. Otherwise investors do not know what they are getting into. What happens to the price of a stock should the government just decide that industry A gets taxed at a higher rate because of their profitability?
But still, we can agree that it (meaning business) would be better without either subsidies or windfall profits taxes.