| Thursday, November 11, 2004 - 07:40 am |
Corps will automatically go public if their value goes too high. If you make the corp national, it won't go public. Also, if no shares are sold in a certain time frame, the corp goes back to non-public.
Personally, I like to use taxes more than I like to use profit payment. A corp is probably more attractive on the public market if the profit payment is high. I don't know for sure whether that's the case or not, but it would make sense. And besides, why should a prez give a CEO a better tax rate than the country controlled corps?