4 ms·

So, sooner or later we end up with all companies being owned by the government. That has been proven to end up badly (by Soviet Union and rest of the communist

by mamon 9y ago

So, sooner or later we end up with all companies being owned by the government. That has been proven to end up badly (by Soviet Union and rest of the communist countries).

OscarCunningham 9y ago
The government can sell the shares to the public. Or the taxed individuals can can sell shares to the public and pay the government with the money. My point is that the company's illiquid assets needn't be used to pay the tax; they can be used to back liquid assets that pay the tax.