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No it is not a direct transfer. This is not talking about a transfer from taxpayers to oil companies. It's about companies keeping money they made instead of pa
by barney54 10y ago
No it is not a direct transfer. This is not talking about a transfer from taxpayers to oil companies. It's about companies keeping money they made instead of paying that money in taxes.
- josh-wrale 10y agoDisparity in tax payments is a form wealth transfer, though I will agree it's not physical. The fact that it is not a physical transfer of funds is a sleight of hand. Edit: spelling.
- josh-wrale 10y agoAlso... https://www.google.com/search?q=subsidy&ie=utf-8&oe=utf-8 https://www.google.com/search?q=subsidy&ie=utf-8&oe=utf-8 sub·si·dy -- noun: subsidy; plural noun: subsidies 1. a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive. --and-- https://www.google.com/search?q=subsidy&ie=utf-8&oe=utf-8#q=subsidy+etymology https://www.google.com/search?q=subsidy&ie=utf-8&oe=utf-8#q=... sub·si·dy -- late Middle English: from Anglo-Norman French subsidie, from Latin subsidium ‘assistance.’