Talk of The Villages Florida - View Single Post - Cost of Tesla ownership, real time experience
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Old 05-30-2021, 02:20 PM
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Quote:
Originally Posted by Ben Franklin View Post
What you are referring to is a tax benefit, not a direct subsidy. Subsidies are not what can be deducted because of business expenses.

Fact Sheet | Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal Costs | White Papers | EESI
Thanks for proving my point. Pretty much everything they listed as a "subsidy" was actually a business expense...

My business is an S Corp. I am allowed to "write off" my business expenses. Some, have to be depreciated, over several years, but most are written off as they occur. The only difference is that the government has allowed the gas/oil companies to either accelerate their depreciation schedules, or eliminate them, writing off the costs in the year they were incurred...

How that is considered a "subsidy" is mind boggling...
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