MORNING CONSULT: Profit-Sharing Employment Model Undersold as Economic Booster

September 21, 2015

Home News MORNING CONSULT: Profit-Sharing Employment Model Undersold as Economic Booster

By: Gabe Rubin

Presidential candidates grasping for remedies to correct economic inequality have largely focused on reforming the tax code. GOP frontrunner Donald Trump has had a field day beating up on the “hedge fund guys” and reviving an old and well-honed debate about “carried interest.” Fellow Republican candidate Sen. Rand Paul (Ky.) wants a flat tax.

Sitting quietly in the midst of this rhetorical swirl are Employee Stock Ownership Plan companies, or ESOPs. They received a hat tip from Democratic frontrunner Hillary Clinton this summer, but no other White House candidate has included them in a platform. ESOPs have long enjoyed broad support in Washington, and their proponents now are saying they could help bridge the income gap. Read more….

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