Well it is improper to make a general statment that they should or should not be responsible, that is something for juries and the courts to decide on a case by case base. Stockholders should neither be off the hook or held responsible either, nor should regular employees, in some cases in fact the average employee may know far more about the misdeeds than a far removed stock owner or even the board of directors or CEO. Take for example a corporation which is making a dangerous product that is released on to third party victims who is more liable a Mutual Fund owner where the Fund has 1% of its assets in the wayward manufactring corporation or an assembvly line worker who knows the corporation is making a dangerous product and that it is released on third parties but does not care because he is making a nice wage for helping make that dangerous product? Say the employee is one of 10,000 employees that know, say their annual wage is 50,000 a year and they have worked there an average of 10 years when the corporations was making the product, say their average net assets are 200,000 dollars each, all which they gainned directly or indirectly through helping the corporation make the product, while the mutual fund owner only owns 10 dollars worth of the wayward corporation through the mutual fund and has owned it for less than 3 months.--- In [email protected], <[EMAIL PROTECTED]> wrote: > > And I can't help but think that there is something wrong with this whole > corporate person thing. Yes the assets of the corporation should be used > to settle the claims and debts of the corporation, but I can't help but > think that the officers and owners of said corporations should be liable > as well in some way. But I have a nasty bugger of a cold and it is hard > to think clearly. > > BWS > > ----- Original Message ----- > From: terry12622000 > <[EMAIL PROTECTED]> > Date: Saturday, July 1, 2006 10:01 am > Subject: > [Libertarian] Re: Hey Libertarians, How Goes That TAX THANG??? > > > Actually > a corporate tax would not be a tax in most cases it would > > be > > a user > fee for the service of incorporating, it would be a tax > > when a > > group > was forced to incorporate or when individuals and groups are > > forced to > deal with corporations. Still ending all direct taxes on > > individuals > and noncorporate and non limited liablity businesses > > and > > nonprofits > would put the political class establishment to the test > > ( > > can it > create enough value to sustain itself) while freeing up > > billions, > possibly into trillions of dollars for people to > > participate in > alternative markets and mutual aid.--- In >
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