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creatonez 3 hours ago

It is indeed already normal for rich people to do things that are sketchy as hell.

Maybe let's make it not normal?

JuniperMesos 3 hours ago | parent | next [-]

I really don't trust your definition of sketchy as hell and don't want it to have legal or normative force.

creatonez 2 hours ago | parent | next [-]

For-profit companies jurisdiction shopping without any physical presence is so clearly sketchy that it's wild anyone could see it otherwise. I can't imagine a normal person not being shocked in disbelief when they first learn about the concept of tax havens.

kube-system an hour ago | parent [-]

Maybe when it’s Panama. But there is not a single sketchy reason why companies choose to incorporate in Delaware, for instance.

There are very legitimate reasons to incorporate in another location. Some are not only not sketchy, but even altruistic, e.g. incorporating in another state for the purpose of incorporating as a PBC.

otterley 2 hours ago | parent | prev | next [-]

You haven't heard their definition yet.

nullsanity 9 minutes ago | parent | prev [-]

[dead]

k33n an hour ago | parent | prev | next [-]

Do poor people ever do anything sketchy as hell?

croes an hour ago | parent [-]

Do the sketchy things of poor people affect as much other people as the sketchy of rich?

Who more often jail time for sketchy things? Poor or rich?

lazide 27 minutes ago | parent [-]

Are we talking drug gangs as poor? Because the foot soldiers sure are.

PearlRiver 10 minutes ago | parent [-]

I would blame those on the middle class cocaine users who fund the drug gangs.

tt24 2 hours ago | parent | prev [-]

Registered agents are sketchy now?

creatonez 2 hours ago | parent [-]

If the only shell(s) for a business are in a completely different jurisdiction with no connection whatsoever to any of the humans involved in operating the organization... yes. It's an outrageous way to escape the force of the law that has been rubber stamped by corrupt politicians.

kube-system an hour ago | parent [-]

It is exceeding common for US companies to incorporate without a presence in Delaware for the exact opposite reason of dodging the law. It is done to make legal compliance easier and more streamlined.

no-name-here 43 minutes ago | parent [-]

Is Polymarket registered in Panama to make legal compliance easier/for the opposite reason of dodging the law?

lazide 28 minutes ago | parent [-]

Registering in Panama isn’t even the sketchy thing! They listed a false agent of process, hah.