Mutual Interest Co-operative is democratically owned by our readers and writers.
We are not owned by billionaires or governments.
Mutual Interest Cooperative is democratically owned by our readers and writers.
We are not owned by billionaires or governments.
If we want more mutuals and cooperatives, an easy idea would be to tax them differently. If switching to the mutual/cooperative structure allowed you to save a lot of money on taxes, perhaps corporations would make the switch.
That would likely increase the number of co-ops and many countries do. However, more cost-effective might be to support formation of new co-ops rather than giving permanent tax benefits. Once a co-op is up and running, if they pay lower taxes than an otherwise comparable non-cooperative, that can be perceived as unfair.