Liberal Forum

Cannonpointer » 21 Jan 2026, 10:31 pm » wrote: ↑

21 Jan 2026, 10:31 pm

On a scale of 1 to10, what level of hypocrisy is a republican engaging in when he refers to "tax breaks" (not taking money) is a "subsidy"?

I'm not seeing 8 bucks a gallon.

And as I said, I don't believe for a minute that the brits are subsidizing gas.

It's not a left or right issue, it's government accounting.

Yes, tax breaks and subsidies generally function as negative outlays or reductions in revenue for governments, appearing in the "negative column" (like a reduction of revenue or an expense/expenditure) because they reduce tax collections or directly cost money, effectively acting as government spending or forgone revenue, though timing can sometimes make them appear as revenue raisers in specific years. They're often treated as tax expenditures, which are essentially government spending through the tax code, reducing the Treasury's funds. 

Whatever the amount is on subsidized gas just know every time you fill up, that subsidy goes in the negative column for government accounting.