Corporations are people. So what if people were corporations?

[cabri]

If familial expenses were counted as salaries, that would be GREAT! That means that all those salaries would be tax free for me since they are expenses! And for the kids, they would be able to deduct their first $6,200 in income since that is the standard deduction. This is a valuable deduction that most kids do not even get to use currently.

There is no law that states you can not put family members on the payroll.
Or just have them as individual corps and sub-contract out to them. Avoid the payroll taxes.

 

[thraashman]

If people were corporations, you can legally own another person. The South will rise again!

This isn't a hostage situation, it's a hostile takeover!

 

[soccerballtux]

there are places on the internet that will tell your your NAME IN ALL CAPS -is- a corporation, and that the confusion of the two (you with that corporation) is how the IRS gets to tax you

 

[Jeff7]

Slavery is required for my business to function and operate.

Just like little to no government involvement is required,.. unless said involvement is needed to acknowledge a corporation as person and said corporation is defended/protected as a human being.

What could possibly go wrong with such as mentality?

That's one thing that comes to mind when the argument is made that corporations will tend to do the right thing, and thus don't need regulation.

Ours is a species that will readily imprison people and quite literally work them to death. We had to go to a lot of trouble to implement a fairly strong law to make us promise not to do that anymore - and that was met with considerable opposition at the time! "But it's so darn cheap and easy! If someone doesn't work enough, we can just stop feeding them and find someone else. This new government regulation is going to make our business unprofitable."

Good. As a corporations you won't be able to vote, can't receive welfare assistance or unemployment, the Fifth Amendment won't apply to you, any outlays to pay expenses for your children or family will be considered salaries, you don't enjoy the same privacy rights (so abortions are a no-go), and plenty of other perks will go away.

Why would that be the case? These companies seem to be able to enjoy the best of both worlds. A Person LLC should also be able to swing that sort of arrangement.

 

[glenn1]

That's one thing that comes to mind when the argument is made that corporations will tend to do the right thing, and thus don't need regulation.

Ours is a species that will readily imprison people and quite literally work them to death. We had to go to a lot of trouble to implement a fairly strong law to make us promise not to do that anymore - and that was met with considerable opposition at the time! "But it's so darn cheap and easy! If someone doesn't work enough, we can just stop feeding them and find someone else. This new government regulation is going to make our business unprofitable."

Why would that be the case? These companies seem to be able to enjoy the best of both worlds. A Person LLC should also be able to swing that sort of arrangement.

The Citizens United and Hobby Lobby cases have turned progressives into looking to incorporate themselves for tax benefits, thus fully embracing the low tax position of Republicans. How interesting.

 

[thraashman]

The Citizens United and Hobby Lobby cases have turned progressives into looking to incorporate themselves for tax benefits, thus fully embracing the low tax position of Republicans. How interesting.

No it's made progressives make fun of how this USSC has handed down two of the top 10 worst decisions in the court's history. Maybe even two of the top 5.

 

[zinfamous]

The Citizens United and Hobby Lobby cases have turned progressives into looking to incorporate themselves for tax benefits, thus fully embracing the low tax position of Republicans. How interesting.

Your profound inability to understand context is humorous to me.

 

[zinfamous]

That's one thing that comes to mind when the argument is made that corporations will tend to do the right thing, and thus don't need regulation.

Ours is a species that will readily imprison people and quite literally work them to death. We had to go to a lot of trouble to implement a fairly strong law to make us promise not to do that anymore - and that was met with considerable opposition at the time! "But it's so darn cheap and easy! If someone doesn't work enough, we can just stop feeding them and find someone else. This new government regulation is going to make our business unprofitable."

Yeah, but that hasn't changed one bit. Our progressive labor laws have simply made such Industrial age practices illegal in the US. The same corporations are around, committing the same crimes against humanity-- but they just export those practices overseas, where such laws are not in place.

It's cool, though: Mama gotta have her $12 JC Penny jeans!

 

[Fern]

Incredibly stupid article.

Fern

 

[SunnyD]

Knowing my luck my children would unionize.

 

[her209]

Knowing my luck my children would unionize.

I think you mean a chamber of commerce which is the equivalent of a union.