cross-posted from: https://news.abolish.capital/post/71226
The Trump administration has finalized a rule that will allow shell companies and other questionable entities to conceal their ownership from federal investigators, in a move that critics say will only further facilitate corruption in the U.S. The Treasury Department’s Financial Crimes Enforcement Network announced on Tuesday that it is ending the regulation that requires companies to…
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“Doesn’t affect me, don’t care.”
The fact that they will be nickeled and dimed even harder by profit margins and get less back from tax services will go right past them. Try to explain it and their eyes will glaze over before you get two words out.