Re:Adding Up the Cost of Tax Breaks for Big Tech’s Data Cent...
by alkonaut on Saturday December 29, 2018 @10:41AM
(#18784053)
It's probably illegal to subsidize directly (?), but by using a negative subsidy through "tax breaks" or other incentives it's circumvented I assume.
Re:Adding Up the Cost of Tax Breaks for Big Tech’s Data Cent...
by rhizome on Saturday December 29, 2018 @05:55PM
(#18786203)
The legality possibly derives from it not being directed to a specific company directly, but by offering a tax break to any company who satisfies the criteria that has been tailored to fit only one or a few companies.
It seems part of the problem is we're in a new world where such subsidies are counter productive because too many people rely on them. In this case, it shouldn't even be legal to use taxes to subsidize any singular private businesses -- and those that require subsidy to function should be nationalized (they're not functioning on the market system).