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A Tax by Any Other Name: Equity Stakes, Tariffs, Government Debt
- MPLan 1y agoThe US government has made headlines over the past year by taking an equity stake in Intel Corporation, along with 4 other companies. At the same, the US government has also levied significant tariffs, and continues to issue new debt (the current total debt to GDP is 125%). So how are all of these topics connected? They’re all a form of tax.
- toomuchtodo 1y agoImportantly, a regressive tax. It is to strip mine the country and its populace, like a private equity chop shop operation on a nation state.