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Solar Roads?
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<blockquote data-quote="tulsanewb" data-source="post: 2524068" data-attributes="member: 2133"><p>I believe your math is off. But with the math corrected, I believe you actually are proving my point:</p><p></p><p>Your example:</p><p><strong>With taxes:</strong> I do yard work for you and get $1000, but have to pay 25% taxes: My net profit/deposit is $750 and the government gets $250. </p><p> <strong>My acct bal: $750</strong></p><p></p><p><strong>Without taxes:</strong> I do yard work for you and get $1000, but the government waives tax: My net profit/deposit is $1000. The government "gives up" $250. </p><p> <strong> My acct bal: $1000</strong></p><p></p><p>Without taxes I can now charge you $750 for a service that with taxes I would charge $1000 for, and have the exact same profit, or "keep the price of a product or service low". If I still charge you $1000, I am walking away with the "extra" $250.</p><p></p><p>While I certainly won't argue politicians (on all sides) often use very "creative" math and statistical analyses, I don't think this is one of those cases. It is a simple system of debits and credits. Any CPA (I have many in the family) would use this EXACT same logic doing the books for a company or themselves, or any person filling in their checkbook. </p><p></p><p>Again, if you owe me $100, and I want to buy a box of 22LR from you for $20, and I say "just give me $80 and the bullets" would you say that I did not pay you for the bullets? Or would you agree that by offsetting your debit by $20, I paid you for the bullets? </p><p></p><p>Say you are doing your checkbook:</p><p></p><p>You buy $100 of stuff and run your card. In your ledger you would then subtract $100 from your balance. But then say the store said "we are giving you a $20 credit on your last purchase back to your account". Would you not then add that $20 back into your ledger to show what the actual balance will be?</p><p></p><p>Lastly, also from the Merriam-Webster.com site where I assume you got your definition, below the first definition of subsidy it has:</p><p>Financial assistance, either through direct payments or through indirect means such as price cuts and favourable contracts, to a person or group in order to promote a public objective.</p><p></p><p>From Investopedia (I know, not the best source I could find. But shows that in common language it is used to refer to tax reductions):</p><p>Definition of 'Subsidy'</p><p></p><p>I understand you are trying to argue semantics here, but I am not able to agree with your logic on this one. I also am unsure why we are so hung up on subsidies when this is a crowd funded project being funded by the populus at large that believes in the idea, or at least thinks it is a nifty experiment.</p></blockquote><p></p>
[QUOTE="tulsanewb, post: 2524068, member: 2133"] I believe your math is off. But with the math corrected, I believe you actually are proving my point: Your example: [B]With taxes:[/B] I do yard work for you and get $1000, but have to pay 25% taxes: My net profit/deposit is $750 and the government gets $250. [B]My acct bal: $750[/B] [B]Without taxes:[/B] I do yard work for you and get $1000, but the government waives tax: My net profit/deposit is $1000. The government "gives up" $250. [B] My acct bal: $1000[/B] Without taxes I can now charge you $750 for a service that with taxes I would charge $1000 for, and have the exact same profit, or "keep the price of a product or service low". If I still charge you $1000, I am walking away with the "extra" $250. While I certainly won't argue politicians (on all sides) often use very "creative" math and statistical analyses, I don't think this is one of those cases. It is a simple system of debits and credits. Any CPA (I have many in the family) would use this EXACT same logic doing the books for a company or themselves, or any person filling in their checkbook. Again, if you owe me $100, and I want to buy a box of 22LR from you for $20, and I say "just give me $80 and the bullets" would you say that I did not pay you for the bullets? Or would you agree that by offsetting your debit by $20, I paid you for the bullets? Say you are doing your checkbook: You buy $100 of stuff and run your card. In your ledger you would then subtract $100 from your balance. But then say the store said "we are giving you a $20 credit on your last purchase back to your account". Would you not then add that $20 back into your ledger to show what the actual balance will be? Lastly, also from the Merriam-Webster.com site where I assume you got your definition, below the first definition of subsidy it has: Financial assistance, either through direct payments or through indirect means such as price cuts and favourable contracts, to a person or group in order to promote a public objective. From Investopedia (I know, not the best source I could find. But shows that in common language it is used to refer to tax reductions): Definition of 'Subsidy' I understand you are trying to argue semantics here, but I am not able to agree with your logic on this one. I also am unsure why we are so hung up on subsidies when this is a crowd funded project being funded by the populus at large that believes in the idea, or at least thinks it is a nifty experiment. [/QUOTE]
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