Corporate Personhood

Posted By Cliff Tuttle | August 12, 2011

No. 680

Mitt Romney received catcalls when he rejected new corporate taxes (as opposed to individual taxes) on grounds that “corporations are people, too.”  At least one media commentator pronounced this a gaffe.

As a matter of fact, Romney was right.  There is not a corporate entity in the world that is not owned by people.  Its called corporate personhood. Under this doctrine, which is centuries old, a corporation, as an association of individuals, is entitled to many of the rights that an individual has.

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CLIFF TUTTLE has been a Pennsylvania lawyer for over 45 years and (inter alia) is a real estate litigator and legal writer. The posts in this blog are intended to provide general information about legal topics of interest to lawyers and consumers with a Pittsburgh and Western Pennsylvania focus. However, this information does not constitute legal advice and there is no lawyer-client relationship created when you read this blog. You are encouraged to leave comments but be aware that posted comments can be read by others. If you wish to contact me in privacy, please use the Contact Form located immediately below this message. I will reply promptly and in strict confidence.

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