Is profit sharing/broad based capital ownership a new concept?

July 5th, 2019 admin Uncategorized Comments Closed

No not really…Did you know… On February 16, 1792, Washington signed into law a bill from the U.S. Congress that cut taxes for ship owners and sailors in the American cod fishery, in an effort to revive the failing industry. However, the tax cut was conditioned on a broad-based profit sharing arrangement between shipowners and…

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