Post #24292 by Dope1 on the US Policy board

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Economically it doesn't matter.
Depends on your view of the role of the government. It only matters if you think that 100% of earnings belong to them...and not the citizens.

Relieving someone of a $100 tax liability has the same economic effect as sending them $100 - so it would have the same consequence on pricing.

Nope. Relieving someone of a tax liability on income means they have more cash to spend on a variety of thing, whatever they want. Targeted subsidies only affect the thing being targeted. They're not the same, not at all.

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