Obama Budget Tax Proposals Could Help ESOP Formation

President Obama's budget proposal would reinstate capital gains rates at 20% in 2011, up from 15% currently. The proposal would only affect individuals with $200,000 in income or families with $250,000.

Obama Says Employee Ownership Should Be Encouraged

On September 28, NCEO board member Tom Roback had the opportunity to meet President Obama at one of his conversations with small groups of local people around the country. As it turned out, one of these was at Tom's sister's house in Richmond, Virginia. Tom asked the president about ESOPs.

Obituary for Robert Oakeshott in the Economist

Robert Oakeshott, the founder of the UK's Employee Ownership Association, died on June 21. His obituary appeared in the July 7 issue of the Economist (available online at this link).

Ohio Data Show ESOPs Performing Well

In a new study of 69 companies drawn from a census of Ohio ESOP companies, the Ohio Employee Ownership Center has found that 25% of the companies indicated that before the ESOP was implemented, or 10 years ago if their ESOP was older than that, their profits were better then their industry, while

Ohio Employee Ownership Conference

The Ohio Employee Ownership Center conference is in just a few days. Taking place in Akron this Friday, April 20, the conference features breakouts sessions on a range of topics and a keynote presentation by Joseph Blasi of Rutgers University.

Ohio Reduces Funding for OEOC

The State of Ohio has provided funding for the Ohio Employee Ownership Center (OEOC) at Kent State University since 1987.

Old Account of Employee Ownership at Proctor & Gamble Worth a Look

Procter & Gamble set up an employee ownership plan in 1903 that allowed employees to buy stock for a 2.5% down payment, with the rest borrowed from the company, but repaid out of profit sharing (a 12% or more "dividend" on wages available only to those buying stock).