Originally Posted by
galaxy flyer
Since when is the government “subsidizing” gas at about $12 per gallon? Where’s several trillion dollars in taxation coming from?
GF
It's mostly in deficit spending that future generations will have to pay. There is a large amount in subsidies to businesses. For example, all pax aircraft made today are subsidized about 50%, so when an airline buys one, they pay about 1/2 the actual cost. Trucks driven in the US pay a fee to use the US highways, that cover about 10% of the actual cost. There is quite a bit in general taxation, however.