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Is 'incorporation' a right or privilege?

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Union Yes Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:19 PM
Original message
Is 'incorporation' a right or privilege?
Also, in your opinion..

Should 'incorporation' be a right or privilege?
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annabanana Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:21 PM
Response to Original message
1. It is a privilege to do business in the United States. I would make it
Edited on Sun Apr-18-10 02:21 PM by annabanana
a lot harder. If they want to "do well by doing good", then we might allow them to. If they are out to fleece people they should be landed on like a ton of bricks.
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:21 PM
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2. A privilege to be extended to any group demonstrating a willingness to work for the benefit of
society, why else should the state allow them?
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:26 PM
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3. It is an absolute legal privilege
It can be revoked if the principles break the law. It varies in each state. They enforce the regulations on the little guy and let big companies like Massey skate.
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jody Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:28 PM
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4. Corporation with its limited liability is a privilege granted by SCOTUS without Constitutional
authority.

All that is required is congress to pass a bill removing all the protections corporations enjoy including the authority to murder with premeditation and suffer only a token fine.

Then let SCOTUS dangle in the wind if it tries to hold such a law is unconstitutional. :mad:
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Ozymanithrax Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:37 PM
Response to Original message
5. Incorporation is a privilege defined by U.S. law...It should never be a right n/t
Edited on Sun Apr-18-10 02:38 PM by Ozymanithrax
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 02:41 PM
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6. It's a privilege
Try to make a corporation, you'll see you have to pay and get approval.

Since I object to the nature of incorporation in today's law - those who wield them are effectively 'super-citizens', retaining all their rights as citizens while gaining liability shields and other benefits that are not extended to regular citizens.
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