Quote:
Originally Posted by Dadhawk
Doesn't mean any of it is right. Stop subsidizing things and return the money to the folks that earned it. Focus on direct social programs rather than industry social programs.
Will it happen, no, should it, yes.
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Just because something is done, doesn't mean it is right or wrong or should continue to be done, even if it has been done for good reasons at one point in time; this is true, but that isn't what I was saying. I was simply saying that just because subsidies exist, doesn't indicate that there is a lack of demand, just like we can all agree that there is a strong demand for meat and dairy products, while we can also agree that many Americans would be priced out of buying meat and dairy products without subsidies.
If we got rid of all subsidies then tax dollars would mostly go back to those that pay the most taxes, which are those with the highest incomes and wealth, so rich people. Some subsidies seem to be redistributing the wealth from the wealthy to other wealth people or just right back to the wealthy people that paid those taxes (reducing their effective tax rate), but there is a lot of subsidies that redistribute wealth back to lower incomes, while also stirring the economic pot to drive investment.
I agree that subsidies would be best if they go to social programs more than corporate programs (trickle up instead of trickle down economics), which is why I am in favor of tax incentives to buy EVs, and why I would like to see incentives for EVs at every level of the income spectrum and not so heavily skewed to large SUVs, premium vehicles and luxury vehicles.