One of the Statesman pieces, by the novelist Jenny Diski, had an anarchist flavour: "Avidness to work hard all their lives is the ruling classes' and the corporations' definition of the good citizen".
Moreover, corporations, by definition, are singularly focused on profit and shareholder returns.
Get real, you say? "Capitalism, in any form, is evil at best". "There is no such thing as a soul of a business". "Corporations, by definition, have no conscience". I hear you, but I'm still not convinced.
A personal holding company, as defined in section 542, including a foreign corporation within the definition of such section, shall attach Schedule PH, Computation of U.S. Personal Holding Company Tax, to the return required by paragraph (a) or (g), as the case may be, of this section.
Such organizations often have budgets and executive salaries equal to or larger than those of mid-size corporations, stretching the definition of "nonprofit group". While anti-poverty organizations such as mine do receive some funding from the wealthiest Americans (for which we are extremely grateful), the bulk of our private donations comes from middle-income families.
Over the next decade, we will create new norms of democratic participation in which -- by definition -- corporations cannot preempt citizens.
But it relies on far too narrow a definition of corporation performance.
In "Corporations Do Pay Income Taxes" (Letters June 16) Jonathan Aurthur establishes an implausible premise, then builds a case upon his "house of cards". In his refutation of Times Board of Economist member Don R. Conlan, Aurthur postulates that a corporation is, by legal definition, a (fictitious) "person" and thus pays income tax like all other taxpaying persons.
The fact that the High Court has sided firmly with United States Steel Corporation on the legal definition of work clothes could impact on other groups of workers, by shoring up a negotiating stance that puts, for example, chicken-slaughtering suits of unionized poultry plant workers on the same plane as a doorman's jacket.
Could legislatures amend the definition of corporations so they are not considered a "legal person"?
