This is insane
Maybe my little caveman brain just can’t comprehend this, but in my head, this is so simple a kid should understand. Corporations have owners, and those owners already vote. Why should they get a second vote? That doesn’t make sense to me.
Which is also why corporations shouldn’t be able to give money to political causes. If my ceo wants to donate to some politician let him. But he shouldn’t get to do that and also direct company funds there as well.
When corporations get inprisoned for commiting crimes maybe then i would think let them voting could be good.
Isn’t it possible for one person to create multiple LLCs? Hence being able to vote multiple times?
Yes. This is possibly the whole point.
At that point… they could just make it official and say “$1 net worth = 1 vote”.
It’s not like reality is that far from that already, when “1 person = 1 vote” can only cast their vote on a representative financed by someome with large enough net worth, then discard a bunch of “1 person” votes, and end up with “1 representative = 1 vote” who can further be lobbied based on someone’s or some company’s net worth.
Sydney Australia allows businesses to vote in local elections. Businesses get 2 votes, humans get 1. So you don’t even need to own multiple companies to have an advantage over the commoners - it’s built right into the system!
In my humble opinion, just as “no taxation without representation” is a thing the gov should abide by; “no representation without taxation” is probably good too. If these company’s want to vote, have them pay 50% of all the money they every make to taxes.
Actually, not even then. If they want to vote, even if they paid 99% of their profits towards taxes to vote it would be a bad idea.
Any entity that cannot be executed or imprisoned does not have to navigate the same fears and dangers of citizen beings.
Corps as persons is one of the most monstrous ideas ever. Yes, legally it made some things easier, but we see the outcome.
The whole idea and rules regarding incorporation needs to be revamped from the ground up.
I would consider it if owners were punished for all crimes committed by the company by any member. And not by fines.
You have no criticism from me on this. Companies either should have no say in politics at all, or a whole shit ton of actual, meaningful penalties for abuse if they do.
The government already doesn’t abide by that principle. Votes cast by people in left-leaning areas count for a small fraction of what votes cast in right-leaning areas count for. Those convicted of a crime may not vote at all. Nor those without citizenship. Yet all of these groups pay taxes.
If taxation without representation were generally considered revolution-worthy, as it once was, there would have been a revolution decades ago.
Tax them as an individual.
I’d say tax them equivalent to all the individuals in the company combined. If there’s a 1000 employees, charge them the same you’d take 1000 people all at once. Then maybe triple it to account for the fact that they amplify the efforts of those people many times over.
If an entity is not subject to the legal restrictions of an individual, it should not benefit from the legal rights of an individual.
Yeah, pretty much.
I think I just threw up in my mouth a little bit. This has to be nipped in the bud IMMEDIATELY. Can’t be giving them ideas.
It’s funny because of the idea that corporations are people and deserve rights, but it would be instantly shot down if I set up way too many corporations to get communists elected to all the positions
Democracy is hanging by a thread and this is essentially a diamond tipped blade heading straight for it
What an absolutely awful idea.
So if corporations are people and can vote, can they be charged with crimes like murder?
No, don’t be silly. Only poor people can commit crimes. ^/s
Seaford, Delaware, is so open-minded, their brains have fallen out.
We continue to inch closer to full-blown corporatocracy. We’ve all watched and read enough cyberpunk to see where that leads.
With Keanu Reeves blowing up a skyscraper?
Hopefully, but sadly no. At least not yet.
What a shock that this is the state where Biden is from. What a shock.
Why? Is this an anti-Citizen’s United demonstration?
No it’s basically for Citizens United. Biden is a NeoLib.
Has he ever been pro-Citizen’s United?
Simply calling him NeoLib seems like a blanket term that probably applies to some of his stances but not others.
This sounds like the stupidest idea I’ve ever heard (so far, who knows what else will they think of).
What - and I cannot emphasize this next part enough - the fuck
The vast majority of businesses headquartered in the state, including two-thirds of Fortune 500 companies, don’t have a physical presence there.
What.
That’s an error (or a typo). Those companies aren’t “headquartered” there, but they are incorporated there.
The typical large American public company is incorporated in Delaware, with their stock listed on an exchange in New York, and headquartered wherever they actually do their business: San Francisco or Houston or Chicago or Atlanta whatever. Delaware and New York monopolize their respective segment of the business of the administrative paperwork of being a registered company. As another example, older companies that have physical stock certificates mostly have them locked up in a vault in NYC, with the ownership of the certificates just changing over in a ledger with every stock trade (millions per day) without the actual paper certificates being touched.
Despite my reaction, I do recall hearing a tax dodge involving hundreds of international companies being “headquartered” in this one tiny building somewhere. I’m pretty certain there’s some legal and financial chicanery where “headquartered” might not be a typo.
