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Thread: What is the best use of tax subsidies?

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    What is the best use of tax subsidies?

    Bill Gates Says Wind, Solar Subsidies Should Go to Something New
    I saw this this morning, and perhaps Gates is correct, the wind and solar subsidies have done what they are going to do.
    other areas like energy storage need encouragement.

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    Re: What is the best use of tax subsidies?

    Bill's right. The subsidies should go to oil barons and to research windmill cancer.

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    Re: What is the best use of tax subsidies?

    In reality, I'm fine with subsidizing wind and solar farms.

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    Re: What is the best use of tax subsidies?

    Quote Originally Posted by longview View Post
    Bill Gates Says Wind, Solar Subsidies Should Go to Something New
    I saw this this morning, and perhaps Gates is correct, the wind and solar subsidies have done what they are going to do.
    other areas like energy storage need encouragement.
    Eliminate them and lower the cost of living for tax payers.
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    Re: What is the best use of tax subsidies?

    Quote Originally Posted by longview View Post
    Bill Gates Says Wind, Solar Subsidies Should Go to Something New
    I saw this this morning, and perhaps Gates is correct, the wind and solar subsidies have done what they are going to do.
    other areas like energy storage need encouragement.
    Or maybe we could take subsidies from the massive fossil fuel industry that doesn't need them. Taking away their advantage would have the same effect as subsidizing green, but it would save tax payer money instead of spend more of it.
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    Re: What is the best use of tax subsidies?

    Wind and solar are a fugly blight on our skylines and will be a environmental disaster as units reach their expiration.

    We are told Miami will be under water soon. Maybe subsidies and tax credits to help Miamians relocate to safe ground. /s

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    Re: What is the best use of tax subsidies?

    Quote Originally Posted by chuckiechan View Post
    Eliminate them and lower the cost of living for tax payers.
    That is also a possibility, but we really do need to work on a solution to our energy problem.
    Solar looks good, but without storage, cannot fit the requirements, Wind I suspect will succumb to high maintenance costs.

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    Re: What is the best use of tax subsidies?

    As a principle I'm against any kind of subsidies.

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    Re: What is the best use of tax subsidies?

    Quote Originally Posted by MrWonka View Post
    Or maybe we could take subsidies from the massive fossil fuel industry that doesn't need them. Taking away their advantage would have the same effect as subsidizing green, but it would save tax payer money instead of spend more of it.
    Except that you would be hard pressed to identify actual subsidies the fossil fuel industry receives.
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    The price is now less than half of the subsidized price of a decade ago, the subsidy has done it's work.

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    Re: What is the best use of tax subsidies?

    I like andrew yang's proposal, give all americans a thousand dollars a month, that's the subsidy I would like to see. Giving it to industry doesn't so much help the average person. Giving it to that person directly would influence a lot of different things. Consumer spending is THE driving force behind the economy. Let the people decide where they want to spend the money and the whole economy would end up benefiting, not just corporate america and wall street.
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