View Single Post
Old July 10, 2012, 08:32 AM   #24
Senior Member
Join Date: December 13, 2005
Posts: 2,598
Originally Posted by raimius
Yes, there is. A tax is very different than a tax break. Tax credits are discounts/subsidies. The penalty/tax is not a discount.
If your entire income is taxed at 100% and the only way to retain your income is to conform to a list of government mandates in order to have the benefit of a deduction, discount or subsidy, the mandated behavior is just as effectively enforced. Both involve use of tax to compel or effectively prohibit behavior.
zukiphile is offline  
Page generated in 0.03579 seconds with 7 queries