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The bureaucracy needed to enforce it would be stifling. Think about the number of teachers one is going to have from elementary school to college graduation.
by ricree 18y ago
The bureaucracy needed to enforce it would be stifling. Think about the number of teachers one is going to have from elementary school to college graduation. Even if the portion was really small, you'd be talking about having well over a dozen people who are owed money for each person. Enforcing this, and tracking it (I'm sure the IRS will want their share, after all) will require a lot of government involvement. I do think the idea has some merit in principle, but I can't think of a way that it could be implemented without causing a ton more harm than good.
- byrneseyeview 18y agoIf you own shares of five mutual funds (a modest number for a middle-aged person with some retirement savings), you may have stock in 300 separate companies, each of which may have partly-owned subsidiaries. Somehow, all this can be handled with transaction costs of about 1-2% per year.
- aaronblohowiak 18y agoWho says changing teachers every year is in the best interests of the students or teachers?