Originally Posted by JeffKeryk
Originally Posted by mbacfp
I repeat my question:
How has Elon screwed the taxpayers?
By taking advantage of tax laws? Just askin'...
Why are you ok with deficit spending to fund Tesla with tax cuts but not the rest of us? Referring to your comment about tax cuts burdening the next generation in the other thread.
https://www.bobistheoilguy.com/foru...-my-federal-tax-cut-for-2018#Post5028202
The post in question spoke to Elon screwed the taxpayers.
Tesla does not write the laws. That's my point.
I never said I was OK with the tax laws.
In fact, I think those who can afford higher taxes should pay more. People like me.
A family who makes less than $75K should pay low or even zero taxes.
I am against deficit spending in times of growth; we should be paying down the debt instead increasing it.
Deficits are useful in poor economic times to stimulate the economy.
Deficits in good economic times are just plain stupid.
Bailing out the savings and loans, bailing out farmers because of tariffs, all that stuff is wrong.
By the way, Tesla is a huge employer in the North Bay Area, second only to Lam Research. The revenue they bring into the area is welcome after NUMMI closed.
And the tax base is huge from employment.
Again, I never said I was in favor of government subsidies. Nor am I in favor of subsidies by companies paying far less taxes than I do.
Gee, Amazon made $11B last year. And how much is their tax burden?
I hope this helps.[/quote]
Thanks for the response. We agree on many things then. Keynesian Economics has been debunked over the years (as you mentioned deficit spending is useful during bad times).
https://www.google.com/amp/s/www.fo...and-economic-power-among-the-states/amp/
Have a great night.
Originally Posted by mbacfp
I repeat my question:
How has Elon screwed the taxpayers?
By taking advantage of tax laws? Just askin'...
Why are you ok with deficit spending to fund Tesla with tax cuts but not the rest of us? Referring to your comment about tax cuts burdening the next generation in the other thread.
https://www.bobistheoilguy.com/foru...-my-federal-tax-cut-for-2018#Post5028202
The post in question spoke to Elon screwed the taxpayers.
Tesla does not write the laws. That's my point.
I never said I was OK with the tax laws.
In fact, I think those who can afford higher taxes should pay more. People like me.
A family who makes less than $75K should pay low or even zero taxes.
I am against deficit spending in times of growth; we should be paying down the debt instead increasing it.
Deficits are useful in poor economic times to stimulate the economy.
Deficits in good economic times are just plain stupid.
Bailing out the savings and loans, bailing out farmers because of tariffs, all that stuff is wrong.
By the way, Tesla is a huge employer in the North Bay Area, second only to Lam Research. The revenue they bring into the area is welcome after NUMMI closed.
And the tax base is huge from employment.
Again, I never said I was in favor of government subsidies. Nor am I in favor of subsidies by companies paying far less taxes than I do.
Gee, Amazon made $11B last year. And how much is their tax burden?
I hope this helps.[/quote]
Thanks for the response. We agree on many things then. Keynesian Economics has been debunked over the years (as you mentioned deficit spending is useful during bad times).
https://www.google.com/amp/s/www.fo...and-economic-power-among-the-states/amp/
Have a great night.