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Crack in the Far Right World

141
Obdicut (Now with 2% less brain)8/21/2010 7:54:24 pm PDT

re: #134 reine.de.tout


In some links here, I’ve seen it claimed that government “subsidizes” the industry because of “preferential” tax rates. Imposing a lower rate of tax is NOT a subsidy.

Actually, it is, Reine. Subsidies can take the form of tax breaks. That’s an indirect subsidy; it’s still a subsidy.