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How about, every year all US public companies must print 3% more of their own stock, which is then effectively distributed equally to all US citizens as a form
by saulpw 4y ago
How about, every year all US public companies must print 3% more of their own stock, which is then effectively distributed equally to all US citizens as a form of UBI. No more income tax for individuals.
- ticviking 4y agoThat’s at least interesting. I don’t think it would work but it’s definitely interesting. I’m pretty well convinced as a country basically no one charges shareholders enough for their limited liability in their corporation, and making the company share the benefit as well as the risk isn’t the worst way I can brainstorm to deal with that
- saulpw 4y agoI'm not sure it would 'work' either, but I'm curious what you think would be broken about it? It would probably make companies less interested in going public, but I like how it changes the meaning of a 'public' company to be more pro-social than just 'anyone in the investor class can purchase shares'.