tag:blogger.com,1999:blog-2778743155448259302.post7449962334946060239..comments2023-01-17T08:20:40.994-08:00Comments on Practical Distributism: Justice, Fairness and Taxation, Part OneDavid W. Cooneyhttp://www.blogger.com/profile/03447605091816577300noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2778743155448259302.post-1972117678440640362015-05-19T08:43:39.888-07:002015-05-19T08:43:39.888-07:00Gary, this series is about forms of taxation. Howe...Gary, this series is about forms of taxation. However, the fact is that the general public is already empowered to obtain stocks in whatever companies sell shares in the Market. Not only would this fail to produce economic justice, it won't even succeed in increasing real ownership.<br /><br /><a href="http://practicaldistributism.blogspot.com/2015/01/stocks-myth-of-ownership.html" rel="nofollow">Stocks: The Myth of Ownership</a>Practical Distributismhttps://www.blogger.com/profile/05726967836523471352noreply@blogger.comtag:blogger.com,1999:blog-2778743155448259302.post-63043812166388359112015-05-19T03:16:27.418-07:002015-05-19T03:16:27.418-07:00The problem here is that ONLY two alternatives are...The problem here is that ONLY two alternatives are identified––both resulting in anemic economic growth and concentrated capital ownership. The alternative should be obvious, that is empower EVERY child, woman, and man to acquire wealth-creating, income-producing capital ownership shares in the corporations growing the economy using the same finance logic as the corporations––that is that the investments will generate earnings to pay off the capital credit used to finance growth. The difference is that rather than facilitating the continued concentration of ALL future capital asset ownership among the current wealthy ownership class, new capitalist would be created and constantly expanded, building viable diversified portfolios of full voting, full-dividend payout stocks owned by EVERY child, woman, and man as a new source of income and retirement security.<br />Anonymoushttps://www.blogger.com/profile/18203835640101244657noreply@blogger.com