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Washington state Offered Billions in Illegal Tax breaks to Boeing
A World Trade Organization panel on Monday ruled that Washington state offered billions in illegal tax breaks to plane maker Boeing, and that the U.S. government must take action to end the plans within months. (hosted.ap.org) Más...Sort type: [Top] [Newest]
May I ask what is the difference between this and what the European governments did for Airbus? Both have done it.....
Notwithstanding any arguments about right and wrong, Boeing's airplanes have historically benefited from loans to buyers through the Export-Import Bank of the United States, which has provided low or no-interest loans to promote the purchase of American-made products.
Airbus has received subsidies at the production end, while Boeing has received it at the sales end.
I guess the WTO sees the tax breaks by Washington State as double-dipping.
Airbus has received subsidies at the production end, while Boeing has received it at the sales end.
I guess the WTO sees the tax breaks by Washington State as double-dipping.
Thanks for posting this. I hadn't thought about the double-dipping angle since I had assumed the EU had an analog for the EXIM bank. I wonder why they don't?
Guess it depends on which end of the stick you suck on. Airbus has as many if not more than Boeing ever had or will have. They are tied to the EU just the same if not more so.
Oh forgot this is an Airbus bash Boeing forum anymore, no Airbust AC ever have problems at least very few reported on here but every time a Boeing AC farts its reported on here.
Don't mind reporting but its so once sided in the last two years now its a crying post for the EU produced AC.
Oh forgot this is an Airbus bash Boeing forum anymore, no Airbust AC ever have problems at least very few reported on here but every time a Boeing AC farts its reported on here.
Don't mind reporting but its so once sided in the last two years now its a crying post for the EU produced AC.
air's always been a sector characterized by fat cost-plus military contracts, loud denial of subsidies, and national pride
quit yer fussin
quit yer fussin
there basicly is no difference, that is why the WTO also ruled against Airbus in another case brought by Boeing. The bottom line is simple: both Boeing and Airbus get big subsidies, one way or another.