So you're saying you skipped that class? A tax credit means if a corporation is working on something the government deems critical or noteworthy or something similar they are allowed to pay a reduced rate of tax. In other words, instead of taking 50% of their earnings the government only takes 40%. The 10% difference is a credit. A subsidy is what the government does for too many people with the money they take from others. Many of those it is given to pay no taxes AT ALL. I know you like your clever little slogans like corporate welfare and corporate subsidies but in fact the government has no money to give except what it takes from others.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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