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View Diary: NASCAR Has A Class Problem (101 comments)

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  •  My only issue is their tax break. (5+ / 0-)
    Recommended by:
    Tracker, Hockeyray, suzq, ColoTim, rustypatina

    Why, with the sequester and all, does the government subsidize auto racing?

    According to estimates by the Joint Committee on Taxation reported by Huffington Post, however, the loophole will cost taxpayers $46 million this year and another $95 million through 2017.
    http://money.msn.com/...

    GOP: Bankers, billionaires, suckers, and dupes.

    by gzodik on Mon Mar 18, 2013 at 06:53:00 AM PDT

    •  Like everyone else with a "special" tax break - (1+ / 0-)
      Recommended by:
      gzodik

      good lobbyists coupled with congressmen and senators who are for sale (i.e., most of them).

      Private health insurance: a protection racket without the protection.

      by rustypatina on Mon Mar 18, 2013 at 12:11:56 PM PDT

      [ Parent ]

    •  As huge as the NASCAR fan base is the (0+ / 0-)

      return on the tax breaks is probably even larger.  Can you imagine the money generated by 100k of rabid fans.  Hell the alcohol tax alone would probably pay for a new fighter.  

      Never argue with an idiot. They will drag you down to their level and beat you with experience.

      by thestructureguy on Mon Mar 18, 2013 at 09:31:34 PM PDT

      [ Parent ]

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