The term "tax expenditures" indicates a pretty hard core Marxist philosophy in that it only makes sense if you assume that all income belongs to government and therefore, any money government doesn't take is a "tax expenditure".From yesterday's morning paper:
http://www.modbee.com/2012/03/07/2102531/you-are-probably-on-the-dole.html
So...which particular "welfare" recipients should we stop from voting?
"Welfare/medicaid?"
Social Security recipents?
Those who take the mortgage interest deduction?
The term "tax expenditures" indicates a pretty hard core Marxist philosophy in that it only makes sense if you assume that all income belongs to government and therefore, any money government doesn't take is a "tax expenditure".
The term "tax expenditures" indicates a pretty hard core Marxist philosophy in that it only makes sense if you assume that all income belongs to government and therefore, any money government doesn't take is a "tax expenditure".
You can only spend what you have. Progressives love to refer to tax cuts and deductions as expenditures, but relating that to anything but government immediately breaks down the analogy. If you refuse to work available paid overtime, do you consider that an expenditure? If you refuse to move to an area with higher average salaries, do you consider that an expenditure? If your hours (and salary) are cut, do you consider that an expenditure?I don't know, dedications ARE "expenditures" from the government point of view (in the sense that they reduce usable money), little different than if they used the money to build a bridge. I see what you're saying about terminology, but I also sort of like the phrasing since it highlights that tax breaks have an associated cost to them from a government point of view.
