This comment makes even less sense than jotras’ comment.
Pension funds buy shares in businesses such as Microsoft. The money going into the pension fund is not typically a function of the tax paid by companies such as Microsoft, but rather from a combination of actuaries’ recommendations, payroll tax receipts, and politicians’ priorities.
Therefore a pension funds’ equity holdings, such as Microsoft, doing well means taxes can be lower.
Most countries' broadest defined benefit pensions are just simple wealth redistribution schemes from workers to non workers as opposed to being paid from funds that were previously invested.
In the USA, Social Security defined benefit pensions are cash from workers today going to non workers today, same as Germany's national scheme (gesetzliche Rentenversicherung?).
The other defined benefit benefit pension schemes are what are usually invested in equities, and the investment restrictions section in this document indicate Germany's "occupational pensions" can also invest in equities. (page 12)
>So just a loss for governments, or in other words, socializing the losses.
How's that different than any other sort of R&D incentive? Would you rather that companies return as much money as possible to shareholders, future growth be damned? What about other sorts of tax incentives, which by definition also "just a loss for governments"? Are tax breaks for people with kids also "socializing the losses", given that most households don't have kids?
It's an issue even in theaters and is the main reason I prefer to watch new releases at home on DVD (Dune I saw in the theater, Dune 2 I watched at home.)
The embodiment of “don’t judge a book by its cover” lol.
IMO it’s cleaner to have the cover and then click into to read the description. But I do see your point, more information density can improve the overall UX flow.
Yeah, comparing this with research investments into fusion power, I expect fusion power to yield far more benefit (although I could be wrong), and sooner.
For myself, prior to my next 'coding interview' I'd just like to ask what specifically the interviewer is hoping to learn, or achieve, with the coding interview.
So just a loss for governments, or in other words, socializing the losses.
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