Josiah Neeley ask me how I thought corporations like this one could be promoted through policy.
A relatively simple way would be to extend eligibility for S corporation status to firms with over 100 shareholders, so long as:
1) The majority of shareholders are employees; and
2) The majority of employees are shareholders.
(Of course these conditions could be tweaked, so that the requirements might be two-thirds and two-thirds, for instance.)
Such companies would face no corporate taxation.
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Is shaping up nicely .
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