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A Founding Father Profit Sharing Fix for Inequality
The Daily Beast Link to more items from this source
[Opinion]
July 14, 2014
"Using Washington's cod fishery legislation as a model and Madison's ideas as a guide, we can explore a restructuring of the tax code to condition any business tax incentive on having some type of share plan for all employees -- whether it's broad-based profit sharing or an [ESOP].... Another proposal could involve a tax credit for any corporation that provides broad-based stock options or grants of stock to all of its workers. Silicon Valley would jump at such a proposal."

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