3/4/2026 at 6:30:59 PM
Does this count as a government subsidy for these companies?by maest
3/4/2026 at 6:39:52 PM
Effectively yes, this does illustrate how hard it is to effectively structure welfare at a national level.Everyone involved would be better of with a lower (or negative) income tax instead of subsidies.
by LaurensBER
3/4/2026 at 7:31:36 PM
> Everyone involved would be better of with a lower (or negative) income tax instead of subsidies.That's quite wrong. The low income earners effectively pay no income tax - after deductibles and so on - further lowering the income tax would do absolutely nothing for them.
It'd be an economic and political suicide to lower taxes during high deficits while government money is literally blown up into fine dust in various wars around the world.
by bigbadfeline
3/5/2026 at 3:21:21 PM
Refundable tax credits are a thing the government knows how to do. If a negative income tax law was written to allow refunds to people who owe net negative taxes, the IRS could do it.by gizmo686
3/4/2026 at 8:20:35 PM
Don't think of it as a government subsidy....think of it as more like a single-payer wage system.by rhelz