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.
"If your approach to mathematics is mechanical not mystical, you're not going to go anywhere." -- Nassim Nicholas Taleb
Declares LewRockwell.com : "All of this means that while the government has been artificially propping up the economy and 'stimu...
Is shaping up nicely .
The language won't die, but that doesn't mean the programmers won't ! Funny quote: '"Just because a language is 50...