In my opinion, a coporation is essentially the government excusing a business owner of legal and financial responsibility for the actions of their business. It is essentially Governmental insurance.
I can understand why the government would want to offer the ability to incorporate --- to spur people to creat business that employ it's people --- but shouldn't the government demand certain things in return for this golden dome of protection?
Things I'd like to see:
1) limits to how much an employee of a corporation can make. Not hard limits like "10 M annually" but multipliers, like no more than 300x your lowest paid employee or 15 x your lowest paid contractor.
So Walmart who's lowest paid employee makes say $8 an hour = ~16K a year, could only play their top execs 4.8M a year. If the top execs want a raise, they have to pay their working stiffs more.
2) No more than 30% of your hired or contracted workforce can be foreign.
Opinions?
2007-12-13
04:19:08
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14 answers
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asked by
politicoswizzlestick
5
in
Politics