Corporations, partnerships, trusts, limited liability companies, and other “artificial entities” have the right to vote in Delaware elections under some circumstances, a judge said in a novel ruling Tuesday.
How? Wouldn’t they have to go through a voter registration process that requires a voter id and ss#, and who casts the vote? The CEO or someone selected from the board?.. and couldn’t some rich asshole just start a whole bunch of corporations to give themselves as many votes as they want? This blatantly goes against the one person one vote principle.
How? Wouldn’t they have to go through a voter registration process that requires a voter id and ss#, and who casts the vote? The CEO or someone selected from the board?.. and couldn’t some rich asshole just start a whole bunch of corporations to give themselves as many votes as they want? This blatantly goes against the one person one vote principle.
Here’s a fun way to fast track this descent into corporate hell: one vote per share.
I am going to incorporate a new company and issue eleventy billion shares to myself
New rule: incorporating now costs $100,000 per share. Pre-existing corporation are exempt from this fee, of course.
The wild thing is that because of Delaware’s tax laws, a LOT of businesses are registered in that state. This is honestly bonkers to me.
No no no, those rules are for people. Silly peasant. Corporate people don’t have to do those silly things