More so that if you could actually use AI on the volume of government laws to cherry pick, which ones you wanted to use to attack your political adversaries, they’re in the perfect position to do so.
While I'm all for legislation designed to combat money laundering, the CTA BOI reporting process was akin to using a battleaxe to kill a spider. It created a massive amount of busy work for lawyers and small business owners. There's got to be a better way ... the CTA wasn't it.
Oh wow you’re right, instead of keeping the system in place until finishing a new systems design it’s definitely so much better to just scrap the whole thing and just let there be no system until somebody does create a new one
I understand little about this. How many small businesses are doing foreign transactions on the level that would constitute lifting the eyebrow of that gov dept?
Seems like it hits larger corps. And under this admin, the better legislation you speak of, will not happen. The gop of old is gone.
The CTA required all business entities (with limited exceptions, mostly for big businesses) to file BOI reports with FinCEN. That included every single small and even single-member LLC formed, no matter their size - and it was not limited to those with foreign transactions. Total overkill.
The entire capitalist system is based upon Εμπιστοσύνη
Once trust collapses so does the system.
You have a right to know who is on the other side of that transaction.
Sure, it may look like I'm living paycheck to paycheck and can barely afford basic necessities, but now that I can set up my very own anonymous shell company, I can finally be financially independent! Thanks, Donald!
Trump has laundered billions for Russians, per "American Kompromat: How the KGB Cultivated Donald Trump, and Related Tales of Sex, Greed, Power, and Treachery" by Craig Unger
Don't skulk around in the shadows. Do your crime in broad daylight and every will think it can't be illegal. If it was you would be skulking around in the shadows.
Comments
https://www.nbcnews.com/business/taxes/what-trump-s-disclosure-his-500-llcs-can-can-t-n874391
Non-enforcement does not make the laws go away.
When the Orange Tyrant is unhappy with a bank, they'll be reminded that the laws still exist.
THIS IS serious.
Want more info ?
Watch a factual, calm and professional newscast on the ongoing dangerous decisions being made by Trump & his team.
Watch Rachel Maddow’s show on MSNBC.
Hear facts, see video and hear well informed guests.
I just started watching.
She’s GREAT.
Seems like it hits larger corps. And under this admin, the better legislation you speak of, will not happen. The gop of old is gone.
Drug Lords R Us
Banana-Republic ...
Once trust collapses so does the system.
You have a right to know who is on the other side of that transaction.
The rape, pillage and plunder of a Country starts in a matter of weeks following his inauguration.
Thanks to all those weak-kneed democrats in the last administration that refused to enforce the law.
#US is now fully embracing:
#Putin #Mafia - #fascist - Oligarchy
Media and Democrats just watching?
—US Supreme Court Justice Stephen Breyer
https://a.co/cnpcMi8
#FUCKtrump
#trump4JAIL
JFC if any republican ever says that they're for the 'rule of law' they need to be punched in the face.
They're in on it, or they're cowards, or both.
Speaker of the House Mike Johnson
(202) 225-2777
Majority Leader John Thune
(202) 224-2321
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