GeofCox<p><span class="h-card" translate="no"><a href="https://mastodon.world/@charliestyr" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>charliestyr</span></a></span> </p><p>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.</p><p>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.</p><p>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.</p><p><a href="https://climatejustice.social/tags/coop" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>coop</span></a> <a href="https://climatejustice.social/tags/eot" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>eot</span></a> <a href="https://climatejustice.social/tags/cooperative" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cooperative</span></a> <a href="https://climatejustice.social/tags/employeeownership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>employeeownership</span></a></p>