Re:Ryanair Condemns Hungarian Govt’s Idiotic ‘Excess Profits...
by lokedhs on Wednesday June 15, 2022 @12:30AM
(#31749127)
Sounds exactly like the debate in Sweden in the 80's. They even used a very similar word.
They even went so far as implementing a system where extra profit went into a separate fund that was going to buy shares of the company. An interesting way to take over companies by the state. Thankfully the project was stopped before it was fully implemented.
Some more information. https://en.m.wikipedia.org/wiki/Employee_funds
The narrative broadcasted by local (state owned) media is still that Orban is protecting people from evil corporations making "extra profit" (that's how they keep calling it, no matter how stupid and meaningless it is) with these nonsense laws and he won't let companies getting away with passing down these new taxes on consumers. Obviously he cannot do anything about it, not even with Hungarian entities.