Interesting, thanks.
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Return to “Post Office Law Suit to Repeal Carry Rule”
- Sat Feb 15, 2014 3:47 pm
- Forum: General Texas CHL Discussion
- Topic: Post Office Law Suit to Repeal Carry Rule
- Replies: 278
- Views: 125253
Re: Post Office Law Suit to Repeal Carry Rule
Interesting, thanks.
- Tue Mar 01, 2011 11:52 pm
- Forum: General Texas CHL Discussion
- Topic: Post Office Law Suit to Repeal Carry Rule
- Replies: 278
- Views: 125253
Re: Post Office Law Suit to Repeal Carry Rule
I was cranky and overstated the direct subsidies, but it is not quite true that they have existed on postage alone since 1982. They still receive direct subsidy for certain blind, and oveseas citizens, and Congressional franking. They also received significant indirect subisdies for their employee retirement plans up to 1990 or so.
They also receive subsidies in the other forms, like a monopoly on delivering all first class mail (and third class, I believe), plus a monopoly on delivery to mailboxes (specifically established to prevent private companies from delivering mail). The USPS also does not pay federal, state, or local taxes. Other federal agencies are required to use (and pay) the USPS to mail stuff unless there are compelling reasons to use one of the overnight services.
It also has a direct line of credit into the US Treasury, which it has maxed out ($15Bn), which sounds like a direct subsidy to me. They are supposed to pay it back, since it is "credit," but they are going broke again and want Congress to "do something."
Of course Congress could so something like removing both the monopoly restrictions AND the restrictions on how much the USPS can charge -- i.e. actually privatize it -- but I have my doubts.
They also receive subsidies in the other forms, like a monopoly on delivering all first class mail (and third class, I believe), plus a monopoly on delivery to mailboxes (specifically established to prevent private companies from delivering mail). The USPS also does not pay federal, state, or local taxes. Other federal agencies are required to use (and pay) the USPS to mail stuff unless there are compelling reasons to use one of the overnight services.
It also has a direct line of credit into the US Treasury, which it has maxed out ($15Bn), which sounds like a direct subsidy to me. They are supposed to pay it back, since it is "credit," but they are going broke again and want Congress to "do something."
Of course Congress could so something like removing both the monopoly restrictions AND the restrictions on how much the USPS can charge -- i.e. actually privatize it -- but I have my doubts.
- Tue Jan 25, 2011 12:13 am
- Forum: General Texas CHL Discussion
- Topic: Post Office Law Suit to Repeal Carry Rule
- Replies: 278
- Views: 125253
Re: Post Office Law Suit to Repeal Carry Rule
Don't forget to add in the subsidy (from tax payers' pocket) that the Federal Government pays to keep USPS afloat. Of course sincd the Feds can print all the money they need, maybe it doesn't come from taxpayers' pockets -- yet.KD5NRH wrote:
The other thing they tend to get right is flat rate; for about $6 I can send a flat-rate small box that gets to nearly anywhere in 3-4 business days, pay online, print the label, and send it from my mailbox just like a letter at no extra charge. UPS ground 3-day service tends to cost about double that for a 1-pound package, plus $5-6 if I want them to pick it up from my house.