Re:California wants to end Cupertino's tax deal with Apple
by krisoft on Tuesday November 07, 2023 @06:07AM
(#38175454)
> There are no "social" sources of money.
"private individuals and corporations" is the society who is paying the taxes. You identified that correctly.
"privatise profits" means that a select few gets the profits, and "socialise losses" means everyone pays for the costs. Which is obviously a very good deal for the select few. This is what the phrase means. Happy to help.
"private individuals and corporations" is the society who is paying the taxes. You identified that correctly.
"privatise profits" means that a select few gets the profits, and "socialise losses" means everyone pays for the costs. Which is obviously a very good deal for the select few. This is what the phrase means. Happy to help.