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Not only will it not lower taxes, people will pay even more for the service with higher increases each year.

And in 10-20 years with no investment they will wonder why the telecom system is breaking.

I think it can be difficult to prove cases where it has been "good" because the counterfactual case is not there to compare with.

You can find situations where the government has implemented something fairly poorly, but that isn't often evidence to say "the private sector could have done this so much better!"

But on the other hand, you might find situations where there has been an enormous amount of advance/innovation driven by the private sector, but that isn't evidence to say "the same thing would have occurred with government ownership!"

I'm sure the reasoning starts and ends with the icelandic krona. Always follow the money.