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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0.21s | source
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reg_dunlop ◴[22 Aug 25 21:34 UTC] No.44990101[source]▶
Forgive me...how is this different than taxes?

And wouldn't it be better to oh, I don't know, enforce the standard corporate tax rate?

replies(4): >>44990179 #>>44990632 #>>44990791 #>>44992306 #
wmf ◴[22 Aug 25 21:41 UTC] No.44990179[source]▶
This is a bailout; it's the opposite of taxes.
replies(2): >>44990242 #>>44990259 #
mikepurvis ◴[22 Aug 25 21:46 UTC] No.44990242[source]▶
Isn't it the opposite of a bailout, given that the US gov't is seizing an ownership stake retroactively based on past grants/bailouts but giving no new money at this time?
replies(1): >>44990329 #
wmf ◴[22 Aug 25 21:54 UTC] No.44990329[source]▶
The CHIPS Act was the bailout; this is just replacing the previous profit sharing with equity.
replies(2): >>44990762 #>>44991322 #
1. tester756 ◴[22 Aug 25 22:37 UTC] No.44990762[source]▶
It was very messy bailout then