| ▲ | fn-mote 3 hours ago | |
Surely this would just create an industry of ways to dodge the “$100m tax”. Just waiting for my company’s top 10 shareholders to be anonymous entities owned by other companies based in the Cayman Islands. | ||
| ▲ | paulryanrogers 2 hours ago | parent | next [-] | |
The rich being willing to cheat doesn't mean we should just give up and let them consume all surplus value in the system, until people are literally working 3 jobs for rent and food. | ||
| ▲ | rwmj 2 hours ago | parent | prev | next [-] | |
UK companies are forced to list beneficial owners, in order to cut through these kinds of shenanigans. It did take decades to get this change implemented because capital was deeply opposed to it. For some reason, I'm sure it's not because they want to avoid paying taxes like the little people. | ||
| ▲ | sumeno 2 hours ago | parent | prev [-] | |
Let's give it a try and see. Maybe better things ARE possible | ||