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Old 01-19-2007, 04:06 PM   #21
tickerinet

Join Date
Oct 2005
Posts
505
Senior Member
Default
Wait. I want to understand what you guys are saying.

You're saying that an industry that is rolling in more cash than they know what to do with; that is making profits at a level never seen before in the history of humanity should be getting tax subsidies?

How does that make sense?
Universal truth: When the government increases a tax, or levies a fee, or removes an incentive that diminishes the profit of a corporation, that gets passed down to the consumer.

It does not matter if it is a Democrat or Republican controlled government, or what level of government it is. When you diminish profit through increased cost of doing business, that cost is conveyed to the consumer.

Matt
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