That's the point. Instead of buying it, they can just have it. By $50 I meant that they're buying everything at-cost internally. Only $50 of taxpayer money is needed to procure that steel, instead of $100.
> And the property, business and income taxes still need to get paid.
Not if the government owns it and they decide it's tax exempt. They can also build it on government land, and decide that government land is property tax free.
> And the property, business and income taxes still need to get paid.
Not if the government owns it and they decide it's tax exempt. They can also build it on government land, and decide that government land is property tax free.