LogFAQs > #950314425

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Topic	Politics Containment Topic 363: SEC Speed
red sox 777 02/05/21 2:49:12 PM #338:	While we no longer grant outright monopolies like the East India Company enjoyed, there are clearly significant advantages to the corporate form. The most important of which is that the shareholders have limited liability. Moreover, double taxation isn't an issue for many of our largest and most successful corporations because they don't pay dividends anyway. I think it makes a lot more sense to make dividends tax-free than to not tax corporations. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950314425] in Politics C... [t:79267516]...</cite> <quote>While we no longer grant outright monopolies like the East India Company enjoyed, there are clearly significant advantages to the corporate form. The most important of which is that the shareholders have limited liability. Moreover, double taxation isn't an issue for many of our largest and most successful corporations because they don't pay dividends anyway. I think it makes a lot more sense to make dividends tax-free than to not tax corporations. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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