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A comment on Tech Apple loses EU court battle over 13B euro tax bill in Ireland. Parent comment

Re:Tech Apple loses EU court battle over 13B euro tax bill i... by Mordisquitos on Tuesday September 10, 2024 @07:07AM (#41499524)
> Example: for employed people, going into (or avoiding) debt generally won't affect their yearly wages, but analogously it can for countries

While I do agree that personal finances are a bad analogy for state finances, that is not an illustrative example as to the reasons. An employed person can absolutely improve their yearly wage by going into debt, be it for investing in education to aspire to better paying positions, buying a car which increases their employment catchment area, or even —for a flexible definition of wage— investing in setting up a business.

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Re:Tech Apple loses EU court battle over 13B euro tax bill i... by sweezyjeezy on Tuesday September 10, 2024 @09:09AM (#41500442)
I did say generally, but fair point :b
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Re:Tech Apple loses EU court battle over 13B euro tax bill i... by Detrytus on Tuesday September 10, 2024 @01:51PM (#41503570)
Generally, there are two types of debts: consumer debt, which you just spend and the debt you invest in something profit-bringing, like business.

Average people generally only accrue the first kind and rarely the second.

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