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That loan will end up enabling billions of dollars of tax revenue for Uncle Sam. Probably the single most successful loan in the history of government loans.
by jonknee 11y ago
That loan will end up enabling billions of dollars of tax revenue for Uncle Sam. Probably the single most successful loan in the history of government loans.
- ElComradio 11y agoAny tax revenue increase would remain if Uncle Sam had equity as well. Look at this way: It's your money. Literally. Would you, as a VC, or as a kickstarter-type group, give $500M to a company, with no equity stake, but Elon telling you, "Hey, it's risky I know, but it's a great investment because it will kick off all this other economic activity that will benefit you in the long run, so you don't really need equity; you will reap the benefits indirectly in greater magnitude." Of course not. It's only acceptable because it's a cause many HNers believe in, and the money does not seem "real" since it's abstracted out through tax collection and distribution. How much of a pay cut would you accept being forced on you to pursue these dreams? Might be the next dream, you don't agree with (like a trillion dollar war).