 Paul has also been an advocate of employee-owned corporations (such as employee stock ownership plans).In 1999, he co-sponsored The Employee Ownership Act of 1999, which would have created a new type of corporation (the employee-owned-and-controlled corporation) that would have been exempt from most federal income taxes.Paul's position on taxes has led to support for him from the National Taxpayers Union, the National Federation of Independent Business

Paul has stated