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Happened with Dow-Dupont! A three-way split, even (from a two-way merger). Took roughly two years and was the shareholders' plan from the start. By most account

by qlte 14d ago

Happened with Dow-Dupont! A three-way split, even (from a two-way merger). Took roughly two years and was the shareholders' plan from the start. By most accounts it went very smoothly. [1] https://www.investors.dupont.com/news-and-media/press-release-details/2017/DowDuPont-Merger-Successfully-Completed/default.aspx https://www.investors.dupont.com/news-and-media/press-releas... [2] http://www.dow-dupont.com/ http://www.dow-dupont.com/

schmidtleonard 14d ago
Progressive corporate taxation could make it happen for reasons other than dodging the ghosts of chemical sins past!
- briandear 14d ago
  Can we stop with taxing everything you don’t like? Taxes should be equal and used to fund the government, not as tools to make people do things you like.
  - psd1 14d ago
    I question the assumption that taxes you don't like will not fund the government "Should" needs some unpacking; there's a subjective value lurking inside. Personally, i prefer economic incentives over coercion. My starting point: there is a degree to which society must govern entities within it.
  - schmidtleonard 13d ago
    Can we stop with pushing all of the taxes into the work-consume economy and out of the invest-return economy? The latter is eating the world, would it really hurt it to help clean up its own messes for once?
  - ericjmorey 13d ago
    Taxes used to offset the costs of undesirable activity are the most effective and efficient taxes, but you want less of that?
  - softjobs 13d ago
    What type of taxes, state or federal? Because federal taxes do NOT fund federal spending. https://mmt101.substack.com/p/an-explanation-of-why-taxes-dont https://mmt101.substack.com/p/an-explanation-of-why-taxes-do...
- ethbr1 13d ago
  It is a key point... if splits are encouraged and made easier (and I agree it'd be healthier for the market if the largest companies did), then liability needs to be handled carefully. One doesn't want to create a 'snake sheds its skin' scenario where Meta (for example), stuffs all its liability in a spin-off, yet keeps the profits those actions accrued in the other entity.

by qlte 14d ago

schmidtleonard 14d ago

Progressive corporate taxation could make it happen for reasons other than dodging the ghosts of chemical sins past!

briandear 14d ago
Can we stop with taxing everything you don’t like? Taxes should be equal and used to fund the government, not as tools to make people do things you like.
- psd1 14d ago
  I question the assumption that taxes you don't like will not fund the government "Should" needs some unpacking; there's a subjective value lurking inside. Personally, i prefer economic incentives over coercion. My starting point: there is a degree to which society must govern entities within it.
- schmidtleonard 13d ago
  Can we stop with pushing all of the taxes into the work-consume economy and out of the invest-return economy? The latter is eating the world, would it really hurt it to help clean up its own messes for once?
- ericjmorey 13d ago
  Taxes used to offset the costs of undesirable activity are the most effective and efficient taxes, but you want less of that?
- softjobs 13d ago
  What type of taxes, state or federal? Because federal taxes do NOT fund federal spending. https://mmt101.substack.com/p/an-explanation-of-why-taxes-dont https://mmt101.substack.com/p/an-explanation-of-why-taxes-do...
ethbr1 13d ago
It is a key point... if splits are encouraged and made easier (and I agree it'd be healthier for the market if the largest companies did), then liability needs to be handled carefully. One doesn't want to create a 'snake sheds its skin' scenario where Meta (for example), stuffs all its liability in a spin-off, yet keeps the profits those actions accrued in the other entity.