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The PJ Tatler » Truth to power: Tim Pawlenty goes to Iowa, demands an end to farm subsidies
I think this could be a bipartisan occupation. |
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Didn't you know that getting rid of subsidies is the same as a tax increase? huh? So by that logic, cutting medicaid would also amount to a tax increase. Hmmm... |
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Ending the ethanol credit will increase federal tax revenues and so make available to the government money that can be spent on other things. And since government spending is the underlying evil on which Mr Norquist believes all policy should focus, the tax break for ethanol (and other such credits, loopholes and distortions) must not be eliminated unless the extra revenue they will put in federal coffers is taken out again in the form of an equal tax cut somewhere else. After all, he told the Washington Post last month, “The goal is to reduce the size and scope of government spending, not to focus on the deficit.” not quite the same thing but shortsighted nonetheless
that said, ending farm subsidies would be a good thing |
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