25-10-2003, 02:00
The nation of Steve is Handsome will begin selling off noncontrolling shares of most public works, this is to include the postal service, public transportation systems, and health services. This is expected to raise billions in revenue for the government.
Opponents of the plan decry it as a "back-door" tax, claiming that as private parties become involved there will be a push towards profitability and the new corporations will have to raise the price of the services, proponents counter by saying that the private parties will have no controlling vote and that profits will be achieved mainly through increased efficiency. They are quick to note, however, that layoffs in the public sector can be expected, and prices may rise in the near future.
Opponents of the plan decry it as a "back-door" tax, claiming that as private parties become involved there will be a push towards profitability and the new corporations will have to raise the price of the services, proponents counter by saying that the private parties will have no controlling vote and that profits will be achieved mainly through increased efficiency. They are quick to note, however, that layoffs in the public sector can be expected, and prices may rise in the near future.