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This is in no small part because of the massive subsidization of fuel for farming in most countries. Not only is the fuel for agriculture heavily discounted, bu
by jmacd 5y ago
This is in no small part because of the massive subsidization of fuel for farming in most countries. Not only is the fuel for agriculture heavily discounted, but what you do pay can be written off against your revenues.
Same with most fisheries.
If governments want these sectors to go green, that is going to be a very big and painful band-aid to peel off.
- fortran77 5y ago> but what you do pay can be written off against your revenue How is that different from any other business expense in any other industry.
- jmacd 5y agoOperating expense is different from a capital expenditure.
- simon1ltd 5y agoYou do realize that deducting the cost of producing a product is entirely normal and expected behavior right? It’s not some special loophole. If you use $1000 of electricity to harvest your crops, that $1000 would be equally as deductible because it’s just a cost of production?