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Thread: Record 20% of Households on Food Stamps in 2013

  1. #61
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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by HenryChinaski View Post
    Oh really? Why because it's not handed to them on a LINK card?
    again you need to know your definition of terms.

    a subsidy is the government giving someone money.

    a tax credit or a tax deduction is letting you keep more of what you earn. that is not a subsidy.

    companies qualify for different tax credit and tax deductions. that is not the US government giving them money. keeping more of what you earn is not a government hand out.

    the GM bail out or solendra would be considered government subsidies.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by HenryChinaski View Post
    Oh bull. The federal government continues to subsidize some of the biggest companies in America. Boeing, Xerox, IBM, Motorola, Dow Chemical, and GE. They all receive millions in taxpayer-funded benefits. Not to mention that the federal crop subsidy programs continue to fund the wealthiest farmers.
    you are confusing subsidy and tax credit/deduction.

    I agree the farm bill is BS bill. we pay farmers not to produce crops. yet we complain that people go hungry. logically stupid if you ask me.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by ludin View Post
    again you need to know your definition of terms.

    a subsidy is the government giving someone money.

    a tax credit or a tax deduction is letting you keep more of what you earn. that is not a subsidy.

    companies qualify for different tax credit and tax deductions. that is not the US government giving them money. keeping more of what you earn is not a government hand out.

    the GM bail out or solendra would be considered government subsidies.
    You say potato, I say Pototo. Taxpayers have been subsidizing CEO pay for fast food companies and other firms due to a loophole that allows unlimited corporate tax write-offs on performance-based compensation for top executives. It's a performance pay loop-hole which started in 1993 when Congress limited the deductibility of certain executive pay to $1 million. But this law provided an exception for performance-based pay, such as stock options, non-equity incentive plans and stock appreciation rights, as part of Section 162(m) of the Internal Revenue Code. Currently, unlimited amounts can be deducted from corporations’ federal income taxes for costs associated with performance-based executive pay. Due to the law, companies have shifted more executive compensation packages to meet the performance-based exception as a way to pay less federal taxes. This practice essentially leaves ordinary taxpayers on the hook for the l that lost tax revenue. It's a rigged shell game in their favor. McDonald's shifts the most public assistance costs for its employees onto U.S. taxpayers to the tune of $1.2 billion every year. They're taking taxpayer money to prop up this ridiculous business model that is based on exploiting the rest of us taxpayers.
    Last edited by HenryChinaski; 01-22-14 at 01:07 PM.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

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    Re: Record 20% of Households on Food Stamps in 2013

    Some people only have a problem with welfare when it's given to poor people.
    Trump Attacked A Syrian Airfield. Trump will be a one-term president.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by HenryChinaski View Post
    Oh bull. The federal government continues to subsidize some of the biggest companies in America. Boeing, Xerox, IBM, Motorola, Dow Chemical, and GE. They all receive millions in taxpayer-funded benefits. Not to mention that the federal crop subsidy programs continue to fund the wealthiest farmers.
    Get rid of deductions.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by TurtleDude View Post
    The Military provides useful functions. what do people living off the dole provide to us tax payers?
    They provide somebody for you to look down on.
    "The arc of the moral universe is long, but it bends toward justice"---Dr. Martin Luther King, Jr.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by reinoe View Post
    Some people only have a problem with welfare when it's given to poor people.
    Bingo.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

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    Re: Record 20% of Households on Food Stamps in 2013

    Our cool aid your denial - at least our cool aid is a hole lot cheaper then your theft and redistribution

    Quote Originally Posted by HenryChinaski View Post
    That kool-aid taste good?

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by CalGun View Post
    Our cool aid your denial - at least our cool aid is a hole lot cheaper then your theft and redistribution
    Right, because the piddley amount that goes towards feeding the hungry is really hitting your wallet big time. You're suffering...Feeding the hungry = bad. Taking taxpayer money and filtering it up the food chain to Corporate CEO's through a rigged shell game = good.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

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    Re: Record 20% of Households on Food Stamps in 2013

    Quote Originally Posted by HenryChinaski View Post
    Right, because the piddley amount that goes towards feeding the hungry is really hitting your wallet big time.
    A trillion is a lot.

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