ESOPs have a number of significant tax benefits, the most important of which are: 1  Contributions of stock are tax-deductible: That means companies can get a current cash flow advantage by issuing new shares or treasury shares to the ESOP, albeit this means existing owners will be diluted.
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Jackson is a city located along Interstate 94 in the south central area of the U.S. state of Michigan, about 40 miles (64 km) west of Ann Arbor and 35 miles (56 km) south of Lansing. It is the county seat of Jackson County. As of the 2010 census, the city population was 33,534. It is the principal city of the Jackson Metropolitan Statistical Area, which includes Jackson County and has a population of 160,248. It was founded in 1829, and named after President Andrew Jackson. According to the United States Census Bureau, the city has a total area of 11.1 square miles (28.7 km2), all of it land.