Welcome to Nashville is Talking

If this is your first time visiting, take a screencast tour or click here to learn more. Or if you prefer, click here to register now.


Already a member? Log In

corporate entities

The FONCE Is Dead

15
vote

Find more posts like this:

Fifteen million dollars worth of “technical correction” just went out the window according to John Rodgers:

The provision would have eliminated a tax break for commercial real estate holdings of Family Owned Non-Corporate Entities, or FONCEs. A limited liability company is a non-corporate entity.

The problem with capitalism

12
vote

Find more posts like this:

No, I am not referring to the propensity of profit driven corporate entities to externalize costs in the form of pollution which must then be absorbed by civilization, although we do need to put a stop to that. I am speaking of an inherent, fundamental flaw.

Capitalism is based on the idea that wealth can be created. But this is a fallacy. And I can prove it:

Syndicate content