An editorial by Governing’s publisher Mark Funkhouser highlights the potential of employee ownership to create new, stable jobs without the use of state tax incentives or corporate giveaways.
“A few jurisdictions are beginning to explore this alternative. Legislation was introduced in Wisconsin that, among other things, would provide a capital gains tax exemption for employee ownership; loans and a loan guarantee program to finance conversions of companies; and public procurement preferences.”
To read the entire piece: click here.
