Who built that ?

[Spike Trader]

Consider Koch Industries. Despite the Koch Brothers being the biggest financiers of the anti-government right, and despite their billing as libertarian “free market” activists, their company has relied on $88 million worth of government subsidies.

http://pando.com/2014/02/26/fortune-500-companies-receive-63-billion-in-subsidies/

 

[gwb-trading]

Nearly all the "subsidies" sited for Koch industries are tax rebates and credits from states and local governments. So Koch got money off the taxes they paid by creating jobs or improving property. It is not like the government handed the company cash. This hardly qualifies as "welfare". Do you take a deduction for you home's mortgage interest - it's nearly the same thing. If you do then by your definition you are getting a subsidy and basically are on welfare.

 

[Tsing Tao]

Do you take a deduction for you home's mortgage interest - it's nearly the same thing. If you do then by your definition you are getting a subsidy and basically are on welfare.

He doesn't take an interest deduction because he's just a kid in high school, believing whatever he reads.

 

[Spike Trader]

Do you take a deduction for you home's mortgage interest - it's nearly the same thing. If you do then by your definition you are getting a subsidy and basically are on welfare.

I don't take a home mortgage interest deduction.

 

[Ricter]

Nearly all the "subsidies" sited for Koch industries are tax rebates and credits from states and local governments. So Koch got money off the taxes they paid by creating jobs or improving property. It is not like the government handed the company cash. This hardly qualifies as "welfare". Do you take a deduction for you home's mortgage interest - it's nearly the same thing. If you do then by your definition you are getting a subsidy and basically are on welfare.

Maybe this is how Romney got his "47%". But it is a subsidy nevertheless, it "makes life easier". Anyway, in terms of the budget balance, ceteris paribus, the result is the same

 

[JamesL]

Consider Koch Industries. Despite the Koch Brothers being the biggest financiers of the anti-government right, and despite their billing as libertarian “free market” activists, their company has relied on $88 million worth of government subsidies.

http://pando.com/2014/02/26/fortune-500-companies-receive-63-billion-in-subsidies/

g[r]asping

 

[jem]

the u.s. govt should be making life easier for all tax payers... instead they are crushing them.

Maybe this is how Romney got his "47%". But it is a subsidy nevertheless, it "makes life easier". Anyway, in terms of the budget balance, ceteris paribus, the result is the same

 

[Lucrum]

I don't take a home mortgage interest deduction.

Few if any kids living in their parent's basement do. It's not something to brag about though kid.

 

[Ricter]

the u.s. govt should be making life easier for all tax payers... instead they are crushing them.

Koch Industries doesn't strike me as "crushed".

 

[Lucrum]

Koch Industries doesn't strike me as "crushed".

Koch Industries isn't "all tax payers" either, Orlando beach boy.