3 ms·
That's a crazy definition. By that logic, every dollar up to the optimal point on the Laffer Curve is a "subsidy". Not taxing is not a subsidy. Also, I'm not
by mises 7y ago
That's a crazy definition. By that logic, every dollar up to the optimal point on the Laffer Curve is a "subsidy". Not taxing is not a subsidy. Also, I'm not really concerned how the EU defines any thing; I whole-heatedly disagree with almost every thing they do. The article is about America; we can stick with her definitions. Let's try "government hands you a check for doing something", which is basically what most economists use.