What if to incorporate you had to give up 25% ownership of a companies shares to the government?
You can go as far as you want as an individual entity then but to become a corporation and gain all the benefits of such you have to give the people a share.

The entire point of a corporation in the first place was rights granted based on the good that corporation could do for the people, this is no longer really a thing so there should be some kind of price involved.

This would be offset by no longer having to pay profit tax and favourable treatment by the government.

This post was edited by Plaguefear on Aug 8 2020 11:16pm

That’s going to be a naw for me dawg

You could also eliminate profit taxes on any government shared entity thus providing incentive for higher wages and making them more competitive.

How about I move to a different country and not do that.

I feel like if i was incorporating i wouldn't care if i had to give a share to the government if long term i benefited from it due to better market conditions and no taxes paid, the shareholders of that 25% would have paid in once, probably at a low share price then made the same profits long term, once its just a case of shares i wouldn't care who owns them.
Think about it, 13% tax on profits p.a after manipulation for a hundred years or more, or a one off share deal that nets the government more in the long run whilst allowing my company to grow faster than anyone else.

This post was edited by Plaguefear on Aug 8 2020 11:13pm

What do you think "going public means?"

Learn to IPO

I know exactly what it means, i propose putting a cost of a quarter of total shares into government control to do so.
This would be offset by no longer paying tax.

This post was edited by Plaguefear on Aug 8 2020 11:15pm

Then it's already in the hands of the people. There's no reason to add an additional middle man.

Think of it as a one off tax replacing an ongoing one.
I would take this if it was just an OPTION.

This post was edited by Plaguefear on Aug 8 2020 11:18pm

I don't think this would be viable from the government point of view unless each and every company would take you up on that offer.
But I like the theorycraft.