Re:Tesla Raises $1B from Stock and Bond Sale
by damoncali on Saturday May 18, 2013 @06:06PM
(#5730641)
It's semantics. The net effect is that the government forces the transfer - It's no different than if they had taxed it and granted it.
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Re:Tesla Raises $1B from Stock and Bond Sale
by revelation on Saturday May 18, 2013 @09:52PM
(#5731404)
Huh? Much everything the government does to markets is incentive based regulation. The whole tax-code might be considered such.
Re:Tesla Raises $1B from Stock and Bond Sale
by damoncali on Saturday May 18, 2013 @11:48PM
(#5731685)
If it weren't for government force, those credits that netted Tesla millions would never have been purchased. Therefore, they have the same net effect as if the government had taken the money from the buyers and given it to Tesla. That is logically equivalent to a government subsidy for Tesla (or any company in their position).