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Thursday, February 03, 2005
On this day:

Fairfax Seniors: Taxpayer Golf Subsidy Not Enough

The WP documents the belly-aching.

Senior discounts are a form of price discrimination used to "segment the demand curve" to maximize profits. As seniors become wealthier, the potential for "leakage" increases, so price discrimination may no longer serve to increase profits.

Someone should document all that local taxpayers give seniors. The list includes reduced property taxes, reduced taxi fares, and free education. Comments enabled to continue this list.


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