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How does that saying go? Make the tax payers responsible for the government's poor decisions... take credit for private (in this case, municipality) successes,

How does that saying go? Make the tax payers responsible for the government's poor decisions... take credit for private (in this case, municipality) successes, which aren't shared with the tax payer. I hope this doesn't happen. The government in California is an absolute mess and deserves everything coming to them.

reidjs 3y ago
privatize the wins, socialize the losses
- robertlagrant 3y ago
  I don't understand the endless repeating of this phrase. The taxes to spend comes from private individuals and corporations. There are no "social" sources of money.
  - ender341341 3y ago
    > The taxes to spend comes from private individuals and corporations. That is the social. The phrase is saying "If I win I get the prize, if I lose everyone else has to make me whole"
    - robertlagrant 3y ago
      I don't see how that works in this context.
      - ender341341 3y ago
        I don't think that "privatize the wins, socialize the losses" fits the particular article, merely explaining the phrase itself. I think reidjs was replying to the NDizzle's comment by clarifying the saying, not arguing that it's the case here. I'm not entirely sure I follow NDizzle's initial argument, taken at face value I read their argument as the state government shouldn't interfere with local corruption because the state government because they allowed things like this to happen in the first place and they deserve it. And to be clear, I on my use of corruption here, I consider it corruption because apple gets a kickback for directing all the sales tax to Cupertino instead of to all the municipalities where the product is actually be sold to. If apple didn't get that kickback I wouldn't consider it corruption, just stupid tax laws.
  - krisoft 3y ago
    > 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.

reidjs 3y ago

privatize the wins, socialize the losses

robertlagrant 3y ago
I don't understand the endless repeating of this phrase. The taxes to spend comes from private individuals and corporations. There are no "social" sources of money.
- ender341341 3y ago
  > The taxes to spend comes from private individuals and corporations. That is the social. The phrase is saying "If I win I get the prize, if I lose everyone else has to make me whole"
  - robertlagrant 3y ago
    I don't see how that works in this context.
    - ender341341 3y ago
      I don't think that "privatize the wins, socialize the losses" fits the particular article, merely explaining the phrase itself. I think reidjs was replying to the NDizzle's comment by clarifying the saying, not arguing that it's the case here. I'm not entirely sure I follow NDizzle's initial argument, taken at face value I read their argument as the state government shouldn't interfere with local corruption because the state government because they allowed things like this to happen in the first place and they deserve it. And to be clear, I on my use of corruption here, I consider it corruption because apple gets a kickback for directing all the sales tax to Cupertino instead of to all the municipalities where the product is actually be sold to. If apple didn't get that kickback I wouldn't consider it corruption, just stupid tax laws.
- krisoft 3y ago
  > 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.