A rural Delaware town is seeking to allow local businesses the right to vote, causing concern that corporate interests could sway local elections. Seaford, Del., with a population of about 7,000 in…
You’ve seen how Citizen United has led to a deluge of corporate influence on politics right? And you are not sure what the issue could be with allowing Corporations to vote? How about we just skip all these middle steps and just allow the corporations to be elected directly into public office? I’m sure they’ll have the average citizen’s interests at heart.
Let’s imagine for a moment I’m a well-to-do landlord in the town of Seaford. All of my buildings are owned by my LLC in the town. Maybe I have, let’s say, 20 residential rental properties and 5 business rental properties. I think the only logical thing for me to do once this law enters into effect is to register 25 LLCs and over the course of the year “sell” my properties off to each of those LLCs. Each LLC will be represented by either a lawyer, accountant, corporate formation agency, nominee service provider, or my wife, brother, mother, and sister.
According to the law, as written, each of these properties now has the right to vote in town elections. Maybe, to maximize its output, I use my influence in the town to split some of my properties up into new plots. Maybe I have the parking lots of my rentals carved out and sold to a “lot management company” that owns the lot and manages its upkeep. My LLCs will “rent” this lot from those companies. On the backend, those lot management LLCs are all managed by more lawyers, accountants, etc. on my payroll.
You’ve seen how Citizen United has led to a deluge of corporate influence on politics right? And you are not sure what the issue could be with allowing Corporations to vote? How about we just skip all these middle steps and just allow the corporations to be elected directly into public office? I’m sure they’ll have the average citizen’s interests at heart.
Let’s imagine for a moment I’m a well-to-do landlord in the town of Seaford. All of my buildings are owned by my LLC in the town. Maybe I have, let’s say, 20 residential rental properties and 5 business rental properties. I think the only logical thing for me to do once this law enters into effect is to register 25 LLCs and over the course of the year “sell” my properties off to each of those LLCs. Each LLC will be represented by either a lawyer, accountant, corporate formation agency, nominee service provider, or my wife, brother, mother, and sister.
According to the law, as written, each of these properties now has the right to vote in town elections. Maybe, to maximize its output, I use my influence in the town to split some of my properties up into new plots. Maybe I have the parking lots of my rentals carved out and sold to a “lot management company” that owns the lot and manages its upkeep. My LLCs will “rent” this lot from those companies. On the backend, those lot management LLCs are all managed by more lawyers, accountants, etc. on my payroll.
You get the picture, don’t you?