It would have to both increase its revenue sources and decrease its spending
Something is going to have to get nationalized, big bad word oh noes
Re:Facebook Q3 2020
by bonestormii_ on Friday October 30, 2020 @12:51PM
(#24944192)
Ha. I like you.
You see nationalization of industry as a pathway to revenue growth? I guess it makes sense, but somehow I always think about industries like healthcare being nationalized as a means of providing service, which is likely to cost the government more money
What industry would be profitable and appropriate for nationalization?
The government collects trillions of dollars a year in taxes as it is. A significant percentage increase to the level of taxation against top earners would make a huge difference, and it is difficult to fathom what operation the government could run to remotely approach that level of increased revenue generation. What do you have in mind?