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To: Talisker

So when exactly did it become “law” that when you ‘incorporate’ your business to protect your personal assets from lawsuit, you surrender your private property rights?

Because this is what is at issue here. Whether your private property and your inalienable rights to do with your property as you desire can be violated by the whims of government.


6 posted on 06/29/2014 9:46:51 PM PDT by INVAR ("Fart for liberty, fart for freedom and fart proudly!" - Benjamin Franklin)
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To: INVAR
So when exactly did it become “law” that when you ‘incorporate’ your business to protect your personal assets from lawsuit, you surrender your private property rights?

Because this is what is at issue here. Whether your private property and your inalienable rights to do with your property as you desire can be violated by the whims of government.

By personal assets, if you mean those that are not owned by the company, you never surrendered your right to them. If you use them in corporate business, however, then they can be subject to the laws involving corporations.

If, on the other hand, you mean the personal assets you transferred to the corporation, then the moment you transferred them to the corporation you surrendered your private property rights. In fact, that would be WHY you transferred them to the corporation, SO they would NOT be your personal assets anymore - for tax reasons, liability reasons, whatever. Instead, once you transfer them, the corporation - the legal person - owns them. And you, in turn, own shares in that legal person/corporation. That's how it works, and WHY it works.

11 posted on 06/29/2014 9:57:42 PM PDT by Talisker (One who commands, must obey.)
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