The 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.
The 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.
Importantly, a regressive tax. It is to strip mine the country and its populace, like a private equity chop shop operation on a nation state.