ELI5, why are companies such as Amazon, owned by Bezos, subsidized by the government? Also the other big names, Amazon just especially caught my eye.
Now add government rebates to consumers that directly impact sales of specific product categories…
Boeing has to compete with literally one other company, Airbus, which is subsidized by the EU.
In before President Musk will make sure Tesla and SpaceX become 1st and 2nd.
If a company makes a profit that’s higher than its subsidy, it should be required to pay that subsidy back to the government because obviously it doesn’t need it.
Since 2000 is interesting but I’m more curious about 2022-now or so
Honestly those are much smaller than I expected, Boeing is worth 135 billion. 15 billion is a little over 10%. For a company that does government contracts and is the US’s ‘large commercial jet manufacturer’. A lot of the other companies have even more dramatic differences. Maybe one could add “employees on foodstamps” and see how much retail companies rocket up.
Would be interesting to see federal vs state funding
Now do how much each company has paid in income, payroll, and property taxes in the same time period.
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ELI5, why are companies such as Amazon, owned by Bezos, subsidized by the government? Also the other big names, Amazon just especially caught my eye.
Now add government rebates to consumers that directly impact sales of specific product categories…
Boeing has to compete with literally one other company, Airbus, which is subsidized by the EU.
In before President Musk will make sure Tesla and SpaceX become 1st and 2nd.
If a company makes a profit that’s higher than its subsidy, it should be required to pay that subsidy back to the government because obviously it doesn’t need it.
Since 2000 is interesting but I’m more curious about 2022-now or so
Honestly those are much smaller than I expected, Boeing is worth 135 billion. 15 billion is a little over 10%. For a company that does government contracts and is the US’s ‘large commercial jet manufacturer’. A lot of the other companies have even more dramatic differences. Maybe one could add “employees on foodstamps” and see how much retail companies rocket up.
Would be interesting to see federal vs state funding
Now do how much each company has paid in income, payroll, and property taxes in the same time period.
No way. America doesn’t have subsidies.
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