There are 470,000 results on Google Search for "owned by taxpayers". Some excerpts:
RBS remains 62% owned by taxpayers after a 45 billion pound bailout in the 2008 financial crisis.
Maternity hospital 'will be owned by taxpayers'.
In 2015, 85% of Greece’s debt will be owned by European taxpayers.
I can understand how something can be the property of a government, but how does "owned by taxpayers" work? How does this ownership model make a distinction between citizens who pay taxes vs. those who don't (maybe they are dependent without their own income, or operate primarily in the informal economy)? Does it mean that citizens who pay more taxes own a larger share than those who pay less taxes?