If you’re interested in learning about this, be aware that S-corp and C-corp are widely used misnomers. A corporation is a corporation (and an LLC is not) but they all can be taxed under sub chapters C, S, K, and others based on the specific details of the entity.
C corporation is just a shorthand way of saying “privately incorporated voluntary association taxed under sub c (probably with dreams of being a public company someday, otherwise they’d be sub s).
Not trying to “but acktchually” you, just suggesting that your next stop after reading about corporations is probably the tax code. (Enjoy that).
extra bonus -- actual attorneys who are familiar with those codes learn not to discuss it at all .. for whatever reasons.. it really is valuable information, as in scarcity
turns out, i actually meant benefit corporation. (i've heard people refer to them as b-corporations, but didn't realize there was another thing called b-corporation)
Pretty sure that most people here know that, so it remains a less obvious yet interesting question (while tangential to the posted article): Are Linux/Windows/Mac tickless?
Thanks! Also read this story decades ago as a young man and it left a strong impression. More then once brought it up as a metaphor in a conversation. For some reason my memory attributed it to Kipling and a few times tried to find it and never could, now I know why, it was Orwell!
Yeah, I should have put “because it’s fun to drive without contributing towards global warming” (I live in a hydro-power area) - guilt-free pleasures are hard to come by.
Nah. Here's why: anyone who actually engages the vehicle to it's full capabilities outside of a closed track is going to eat some combination of racing or careless/reckless charges and lose their license for sure, and likely the car as well. They think it sounds fun, think it's fun to tell folks around the watercooler, and putter along at the same speeds as the Toyota Yaris in the lane next to them.
My Tesla Model 3 cut my commute down from 50 minutes to 40 minutes. And I'm not driving any faster, in fact I'm one of the few drivers who do not exceed the legal speed limit.
But the Model 3, with 498 horsepower, lets me overtake lumbering trucks on the narrow, winding, hilly, one-lane-in-each-direction road that makes up my commute. In my previous vehicle I could not overtake safely. With the Model 3 I can be in and out of the opposing land quickly without endangering myself or other motorists.
I've never thought of retarded as a putdown, it was just the sound used to describe a certain group of people. Be careful assuming you are in possession of the one true way.
https://en.wikipedia.org/wiki/B_Corporation_(certification)
https://www.investopedia.com/terms/c/c-corporation.asp
reply