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Interesting proposal, but LLCs do not always have shares of stock in the normal way. Trusts, which are another common vehicle of the wealthy, would also be imm
by mdorazio 7y ago
Interesting proposal, but LLCs do not always have shares of stock in the normal way. Trusts, which are another common vehicle of the wealthy, would also be immune from this. You would get a pretty good take from the richest ~10% of people, though [1].
[1] http://money.com/money/5054009/stock-ownership-10-percent-richest/ http://money.com/money/5054009/stock-ownership-10-percent-ri...
- deleted 7y ago[deleted]
- blacksqr 7y agoLLCs have membership shares, and large LLCs and partnerships generally have well-defined buy-in and cash-out values.