2 ms·
A specially created tax exemption or tax credit is the same as cash. The issue is that you and me can't just start any company and take advantage of this. You
by bequanna 3y ago
A specially created tax exemption or tax credit is the same as cash.
The issue is that you and me can't just start any company and take advantage of this.
You must be politically connected to receive these special taxpayer-funded gifts.
- s1artibartfast 3y agoThey can have similar impacts but they're not the same as cash. If I decide not to take a dollar from your wallet, that's not the same as if I gave you a dollar. I totally agree that tax exemptions are unequally applied. That's because you and I don't have something to government wants and can't take our ball and go home. We can be extorted because we have no leverage and we're not going to do anything about it