Aug. 31, 2026
Late to the party, but… I'm a retiree with enough invested to make a difference. However I am writing as a citizen living in an ecosystem largely created by corporations. I fear that a longer reporting period will increase opportunities for malfeasance. This is my reasoning: Since the Supreme Court has ruled that Corperate "persons" are close enough to flesh & blood people to qualify them to be protected by our Bill of Rights, I think it is appropriate to consider the psychology of a Corperate "Person". Most humans are born with a capacity and tendency for empathy, fairness, and justice; corporations are not. The people who run corporations may apply those criteria to the corporation to make it operate with integrity and care for individuals, but there is not a thing about the formation of a corporation that requires any of this. In spite of any verbiage about fairness and respect for the law it is clear that many corporations operate solely to protect and advance themselves, and perhaps honor their "fiduciary responsibility to their shareholders". We have many cases of corporations calculating that the cost of making reparations for breaking the law and harming people are less than the cost of obeying it. A flesh and blood human being who operates by these principles would either be labeled a narcissist or a sociopath. So it should be for corporations. Any "Person", human or corperate, with such tendencies should necessarily be dealt with extremely cautiously, and the three month reporting period already provides opportunity to perform illegal acts and hide them. A six month reporting period would just amplify them. Since many corporations insinuate themselves in our lives more than most of our friends and neighbors we should not be made to trust them less and fear them more than we already do. William Prange Lincoln, Nebraska 68510