Re:WeWork lays off 2,400 employees
by p1esk on Thursday November 21, 2019 @02:05PM
(#21598065)
Not to mention Versailles was built with taxpayers money.
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It's not as straightforward with VC money. VCs have to answer to investors.
(Hopefully someone more knowledgable can chime in,) but I always thought VC was a mix of government, private, and institutional funds?
Re:WeWork lays off 2,400 employees
by munificent on Friday November 22, 2019 @12:58PM
(#21608097)
I think there's an argument that taxpayers are indirectly funding all of this.
If you assume that the government needs $X to perform its function then when tax rates are cut for corporations and those wealthy enough to game the system, its everyone else whose taxes pay the shortfall. The reason there is so much money floating around the top end is specifically because they've figured out how to foist their tax burden onto others.