This blog expends some time on corruption, moneyed amorality and ethical blindness, but many business people of my acquaintance are good, honest souls. And so it is a pleasure to link to stories about business owners who are not simply focused on moving to a state with no income tax.
In November, I mentioned an Illinois manufacturing family that distributed $6.6 million in bonuses to 230 employees when they sold the business. In this example, a Florida banker who grew up with the business sold out most of his interest and gave $60 million to 399 workers, plus 72 former employees.
"I saw that if the president doesn't come to work,
it's not a big deal," he said. "But if the tellers don't show up, it's
a serious problem."
Benefactor Leonard Abess Jr. said, "I sure as heck don't need (the money)."
