Dec 27, 2014
MidNJ, looks like you dodged a bullet again. The article was pulled (as it was purely a propaganda piece), so my reply could not be posted. In any debate or controversy, however, it's good to define and agree upon the meanings of words. Otherwise, it's difficult to come to the truth in any matter. I assume that YOUR definition of subsidy is congruent with that of the organization to which you referred me. Let me offer one slightly different, since your organization makes no distinction between "subsidy" or "tax deduction". I'm taking my understanding of these two terms from "dictionary.com", but any reputable dictionary would agree.
It defines these two words (or concepts) as follows:
1. a direct pecuniary aid furnished by a government to a private industrial undertaking, a charity organization, or the like.
1. an expenditure that is deducted from taxable income