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A comment on Booking.com gives €28m in bonuses to three top execs; Took €65m in State aid. Parent comment

Re:Booking.com gives €28m in bonuses to three top execs; Too... by derefr on Friday May 28, 2021 @04:57PM (#27320415)
I think the idea isn’t that it was a net transfer from individual working-class people to the capital class, but rather a net transfer from city/state/country treasuries to the capital class.

How much of that translates to the rich getting richer, depends on what proportion of those treasuries’ funds originally came from taxes on the rich, vs. taxes on everyone else.

[ Parent | on HN ]
Re:Booking.com gives €28m in bonuses to three top execs; Too... by comboy on Friday May 28, 2021 @05:03PM (#27320483)
The way I see it, they state money belongs to everyone (bear with me), the transfer between working and capital class happens when it is not distributed evenly, which is what happened at booking.com and is happening quite often because those who work don't have time to research new regulations, don't have experts to analyze them and some yet other people to fill out necessary documents to get money from the state.

That's why I believe many laws like "let's help THOSE people in need" end up on a giant pile that's mostly getting abused by those who have time for it (of course there are exceptions).

[ Parent | on HN ]