01-29-2021, 11:55 AM
It's about money laundering -- cheating taxes, concealing assets from creditors, concealing illegal income as from embezzlement or drug trafficking... honest people have no qualms about telling how one makes one's money. Most income is honest, the consequence of toil, enterprise, skill, creativity, and thrift. Something blatantly predatory is lopsided, as in a pump-and-dump scheme.
Nobody forms a corporation without some purpose. It may be charitable; it may be for-profit. The objective may be limited liability which allows a business to sell shares of stock as a mass investment. If it is for a criminal purpose such as sanitizing transactions in illegal transactions such as human trafficking or skimming profits on behalf of mobsters, then the formation of that corporation is void.
Nobody forms a corporation without some purpose. It may be charitable; it may be for-profit. The objective may be limited liability which allows a business to sell shares of stock as a mass investment. If it is for a criminal purpose such as sanitizing transactions in illegal transactions such as human trafficking or skimming profits on behalf of mobsters, then the formation of that corporation is void.
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.