Democratic Employee Ownership Funds will issue new shares
Funds will be under the control of a Board of Trustees directly elected by the workforce
Employees will be guaranteed payments from the funds equivalent to their shares of ownership as equal partners in the funds
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Afficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Workers will be guaranteed the right to vote the shares given to them through this plan
Funds will enjoy the same voting rights as any other institutional shareholder & their shares will not be permitted to be transferred or sold
Corporate Boards will be “Democratized”Afficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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45 % of board of directors in any large corp w at least $100 million in revenue, balance sheet total, & all publicly traded companies will be directly elected by the firm’s workers
This is similar to what happens under “employee co-determination” in GermanyAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Require Federal “Stakeholder” Charters for Large Companies
U.S. corporations w $100 million + in yrly revenue, balance sheet total, & all publicly traded co’s, must obtain a federal charter from a newly established Bureau of Corporate Governance at the Department of CommerceAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Corporate boards consider interests of all co stakeholders including workers, customers, shareholders, & surrounding communities
Ban stock buy backs
Require Firms that “Outsource” Production to Low Wage Countries or Automate to Convey Shares to “Laid Off” EmployeesAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Establish a U.S. Employee Ownership Bank of 500 million providing low-interest loans, loan guarantees, & tech assistance to workers wanting to purchase businesses
Bank will use Employee Stock Ownership Plans (ESOPs) or Eligible Worker-Owned Cooperatives to do thisAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Guarantee a Right of First Refusal
Create Worker Ownership Centers, modeled under Ohio & Vermont in every state to educate retiring business owners & workers on benefits of employee ownership
Diversify Corporations to ensure a significant portion of every board be diverseAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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End the monopoly of shareholders on voting rights, guaranteeing the right to vote at work for pay, regardless of the kind or size of company/firm
Ban asset managers voting on other people’s money, unless they are following instructions,
Organize sectoral pension plansAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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End Corporate Tax Avoidance
Raise $3 trillion over 10 yrs by repealing all of the disastrous corporate tax breaks enacted under Trump, closing corporate tax loopholes, & demanding that large corporations pay their fair share of taxes
Restore the corporate tax rate to 35%Afficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Corps w revenues over $25 million must publicly disclose significant portions of their tax return & country by country financial info including earnings, financial accounts & tax payments abroad
Eliminating 20% deduction on pass-through business income, subject to corp taxesAfficher cette discussionMerci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Le chargement semble prendre du temps.
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