Re:Intuit sabotages the Child Tax Credit
by JumpCrisscross on Wednesday June 30, 2021 @08:53PM
(#27695242)
We’re talking past each other. I’m in favor of ending companies that wantonly break the law.
Corporate death penalties reinvent the wheel for zero benefit. It gets, at best, to the same place as fines or revocation. It adds the needless step of creating an unprecedented and politically-charged term with major constitutional flaws in respect of the taking of private property. If I’m a lobbyist trying to gut antitrust and the threat of those stronger measures I just mentioned, corporate death penalties are an almost all-too-perfect red herring. It severs the left from the centre-left so cleanly that I’m about 10% sure it came out of the right.
If you like the idea of ending companies for bad things, skip fabricated steps and push for specific crimes being punishable with fines equal to a substantial fraction of enterprise value and/or license revocations. You would have to do that anyway with any corporate death penalty rules. Go straight for the kill.
Unless, of course, the aim is rabble rousing. In that case, fight for corporate death penalties. It’s effective at turning out certain voting blocks.
> [corporations] shouldn't have the same rights as real people
Corporations don’t have the same rights as natural persons.
They have many of them, but those are mostly severable through legislation. Incorporation does have broad support. Taking the evil lobbyist from the previous example, if she sees a list of ten corporate reforms she doesn’t like, adding ending corporate personhood to the list guarantees opposition from small business to multinationals, NGOs and unions to trade associations.
Corporate death penalties reinvent the wheel for zero benefit. It gets, at best, to the same place as fines or revocation. It adds the needless step of creating an unprecedented and politically-charged term with major constitutional flaws in respect of the taking of private property. If I’m a lobbyist trying to gut antitrust and the threat of those stronger measures I just mentioned, corporate death penalties are an almost all-too-perfect red herring. It severs the left from the centre-left so cleanly that I’m about 10% sure it came out of the right.
If you like the idea of ending companies for bad things, skip fabricated steps and push for specific crimes being punishable with fines equal to a substantial fraction of enterprise value and/or license revocations. You would have to do that anyway with any corporate death penalty rules. Go straight for the kill.
Unless, of course, the aim is rabble rousing. In that case, fight for corporate death penalties. It’s effective at turning out certain voting blocks.
> [corporations] shouldn't have the same rights as real people
Corporations don’t have the same rights as natural persons.
They have many of them, but those are mostly severable through legislation. Incorporation does have broad support. Taking the evil lobbyist from the previous example, if she sees a list of ten corporate reforms she doesn’t like, adding ending corporate personhood to the list guarantees opposition from small business to multinationals, NGOs and unions to trade associations.