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Is it truly dishonest though? Are all subsidies cash handouts? There are eg environmental and health costs paid due to fossil fuel usage. These costs are paid
by kareemm 7y ago
Is it truly dishonest though? Are all subsidies cash handouts?
There are eg environmental and health costs paid due to fossil fuel usage. These costs are paid (in Canada) by taxpayers via the govt since FF producers don’t pay them.
Certainly seems like a subsidy to me.
- chongli 7y agoAre all subsidies cash handouts? Yes. That is the definition [1]: subsidy noun sub· si· dy | \ ˈsəb-sə-dē , -zə-\ plural subsidies Definition of subsidy : a grant or gift of money: such as a : a sum of money formerly granted by the British Parliament to the crown and raised by special taxation b : money granted by one state to another c : a grant by a government to a private person or company to assist an enterprise deemed advantageous to the public [1] https://www.merriam-webster.com/dictionary/subsidy https://www.merriam-webster.com/dictionary/subsidy
- 131012 7y agoPoint c could be used to include what's talked about in the article. The subsidy doesn't require to be received by oil industry to be deemed oil subsidy, like in the case of Ocean Protection Program.
- chongli 7y agoNo. If you allowed this then you could say that funding hospitals subsidizes tobacco companies, murderers, etc. Funding women's shelters is subsidizing the abuse of women! It's politicized equivocation.
- omgwtfbyobbq 7y agoFunding provided to hospitals to extend the lives of smokers with lung cancer, either implicitly or explicitly, who end up smoking more, would be subsidizing tobacco companies. I'm fairly sure funding women's shelters is the opposite since victims of domestic violence can go to shelters to avoid abuse. But if it turns out there's a direct link between something like alcohol consumption and domestic abuse, you could posit that subsidizing alcohol in some way also subsidizes domestic violence.
- NeedMoreTea 7y agoThat is the simplistic definition, not even the full OED or Webster's entry, rather than the accepted one in economics and by the international community. WTO definition of subsidies includes "government revenue that is otherwise due, foregone or not collected (e.g. fiscal incentives such as tax credits)". Pdf: http://www.wto.org/english/docs_e/legal_e/24-scm.pdf http://www.wto.org/english/docs_e/legal_e/24-scm.pdf The EU considered the UK's reduction in fuel tax as a subsidy.
- aptwebapps 7y agoYes, it's dishonest. If you know that a large portion of readers understand X, when actually it's Y, then you are knowingly misleading them.