Here’s what we need to secure a new America.
1: Term limits.
2: Congressional salaries paid and set by the State they represent
3: Abolition of all federal taxes on domedtic sources, except corporate. States tax their citizens as they see fit, Federal government recieved a fixed percent of all States tax revenue.
These three things would ensure that the federal body is entirely reliant on the states and people for power and resources, and unable to use taxation as a weapon.
Thoughts?
We know Corporation Board of Directors are all corrupt. So if a business isn’t family owned, then it should be employee owned? I’m not sure how you get outside investors, but these Board of Directors are all corrupt.
I see nothing intrinsically wrong with stock investments. You don't need to create a legal entity to own stock in a business. If my brother wants to build a business selling apples, and he needs funding, I can give him all the money he needs. In exchange he can give me half of the profits of his business. In other words, I own half of his business, 50% of the stock. A simple contract between us is all that is required legally for me to own that stock. We don't need to create an entirely separate fictional (legal) entity for me to own stock. I simply get as much of the profits (total monies after reinvestment) as I have contractual stock with my brother (not with some fictional entity).
If I want to invest in a larger business, I can make a contract to buy stock with the whole Board of Directors (the people who run the business). It wouldn't be a contract with the fictional entity they run, but with the people themselves.
In this way, through a person to person contract I, as an investor, can have limited liability for my investment. If the Board of Directors decides to put razor blades in all their apples, because they think it makes them taste better, and then they get sued (the Board of Directors, not some "legal fiction" business), I can be protected from that through the contract. No corporation required. And the people who get in trouble are the People who committed the crime, not some "legal entity," which would just get "fined" which is to say, the government (another legal fictional entity AKA Corporation) gets a kickback for razor blades in apples.
The corporate entity is used to limit criminal liability from the Board of Directors and the actions of the company. The truth is, all responsibility lies at the feet of the Boards of Directors, and there is only one single Board of Directors in the whole entire world. It's all the same Board. That's the secret that will be coming out in Part 2 of my report, next week. (Part 1 here).