novibe@lemmy.worldtoAsk Lemmy@lemmy.world•How should we approach taxing the wealthy in a practical manner?
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1 day agoI’m not sure what you’re talking about now. This has nothing to do with who is liable for what.
I’m not sure what you’re talking about now. This has nothing to do with who is liable for what.
But yeah… exactly? The individual investors can’t be made to pay for debt or any other liabilities. All has to come from the LLCs assets, and if there aren’t enough, tough luck.
Not even now the capitalist owners are individually and directly liable for losses. That’s the whole point of LLCs, limited liability companies. If the corporation goes bust the owners are not liable. The corporation just declares bankruptcy.
I think we all agree that when we criticize capitalism we are not talking about mom and pop shops. And most startups DO give ownership to the first employees.
And do you think workers have no responsibility in keeping a company working and moving forward…? They are literally the only ones that do that. Owners do nothing, they only extract profits.