The current Corporate structure in America is broken. Corporations have nothing invested in their current employees, and employees have nothing invested in the corporations they work for.
It is a use and abuse relationship, with the Shareholders and the Top Executives running away with most of the wealth, while the working class work in a state of indentured servitude.
I propose a new corporate entity called a Workers Corporation (W-Corp).
Here are the rules for a W-Corp:
- 15% of all Dividends must be distributed Evenly amongst all Employees
- 15% Voting Interest in the Company will go to Employees
- 15% Top Corporate Tax Rate
- Employees will democratically elect at least one member to the Board
Imagine a minimum wage clerk getting a cut of the profit!
Consider it!!