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Nationalize assets = usually means transferring the business to Gov IRS getting paid first = liquidating a portion of the assets to pay a fine.the rest can sti
by Gpetrium 8y ago
Nationalize assets = usually means transferring the business to Gov
IRS getting paid first = liquidating a portion of the assets to pay a fine.the rest can still go to the next in line
It becomes a political tool to gain brownie points from your base and it disrupts other businesses by adding another level of risk.