I thought it was pretty obvious, and don't detect any snark.
A business/industry gets subsidies and is able to grow faster than it would have or just simply grow where nothing would before. Those businesses are then subject to taxes which the government collects and puts to use, which then benefits the populace at large.
well first you have to imagine, what is a gain from holding stake? At the end of the day, is it really a claim on future profits? Maybe more reasonably just a stock that you can trade/sell for money. And what does one do with that money? Buy things I guess to increase your welfare.
Tax expenditure in the ideal setting would be spent on clean water, education, etc. things that increase your welfare. And successful companies paying lots of taxes hopefully increase the welfare of a country.
So it is kind of like taxes emulate welfare increase...is the way I see it.
spiderice|2 years ago
dnissley|2 years ago
A business/industry gets subsidies and is able to grow faster than it would have or just simply grow where nothing would before. Those businesses are then subject to taxes which the government collects and puts to use, which then benefits the populace at large.
X6S1x6Okd1st|2 years ago
boldslogan|2 years ago
Tax expenditure in the ideal setting would be spent on clean water, education, etc. things that increase your welfare. And successful companies paying lots of taxes hopefully increase the welfare of a country.
So it is kind of like taxes emulate welfare increase...is the way I see it.