@charliestyr

I don't really view it as a 'tax dodge'. One of the purposes of tax is to assist government policies - for example increasing tax on cigarettes to discourage smoking, or exempting electric cars from road tax to help make them more attractive than fossil fuel cars.

It is worth noting though that 'indirect ownership' models like employee trusts are often viewed with suspicion by the co-operative movement - for example on the grounds that the trustees, although mandated to act in what they see as the interests of employees, may not be elected, or subject to re-election, by the employees.

My own view, however, is that co-operative models are not always appropriate - their basic requirement, for example, is a long-term stable and engaged membership constituency, so unsuited to sectors with high staff turnover. I therefore tend to think there is no one-size-fits-all organisational model, and diversity of options is a strength, even while I think the remote shareholder, investment-led structure of anglosphere big business has been a disaster for people and planet.

#coop #eot #cooperative #employeeownership