Quote:
Originally Posted by tweetiepooh
Denmark looks like it has the idea with excluding companies registered in tax-havens from new relief. In other words, if you've been paying you way you can get help. They also have added things about dividends and other trades for next 2 years.
This seems an eminently balanced way of looking at things. |
Quite right. It’s the most basic bond between an individual and the state. You pay your fair share in, and you get something back.
If capitalism wasn’t in existential crisis before Coronavirus it is now hence the rush for businesses to get “back to normal”. The public, in this country and others, won’t tolerate billions in bailouts for big businesses when small businesses can’t even get support for 3-6 months.
Responsible Governments will seize the opportunity to buy assets and seek a return on investment longer term. The market has failed.