Top Menu Left

Top Menu Right

Subscriber-only Content

This audio content is accessible only to current Audio or Premium subscribers. For access, login, subscribe or upgrade your subscription.

Get Access...

Subscriber-only Content

This ebook content is accessible only to current Ebook or Premium subscribers. For access, login, subscribe or upgrade your subscription.

Get Access...

Podcast: The Crucial Distinction Between Subsidies and Tax Cuts

EPISODE SUMMARY

DOWNLOAD THIS EPISODE

It’s bad enough that government forcibly confiscates our wealth for the purpose of transferring our money to others in the form of welfare (whether regular or corporate). Adding insult to injury, pundits and politicians often speak as though letting a person keep his own money is the equivalent of handing him someone else’s money. They use the terms “tax cut” and “subsidy” interchangeably.