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> Prisoners cost ~ $40k a year annually in taxes. The racket is that many prisions are private for-profit companies. So this is a way to funnel taxpayer money
by jjav 2y ago
> Prisoners cost ~ $40k a year annually in taxes.
The racket is that many prisions are private for-profit companies. So this is a way to funnel taxpayer money into those corporations. Who in turn are friends and campaign contributors of the politicians who push for more people into prisions. So it all feeds itself and the cost doesn't matter. The more cost, the better (to them).
- edmundsauto 2y agoWhat is the relevant population of prisoners who could be in a profit system? I have seen that only a small single digit percentage of prisons are for profit. It would be great to estimate the scale of those so I understand if this is a base case or edge.
- dantheman 2y ago8%
- namaria 2y agoThere's much more profit in incarceration in general than just running private prisons. The whole system, much like the industrial military complex, is geared towards spending tax money on expensive contracts. There are no private wars out there (yet), it doesn't make defense any less profitable.