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46 sats \ 5 replies \ @kepford 6 Mar \ on: Treasury Won't Enforce Beneficial Ownership Rule Politics_And_Law
Good news. This was incredibly bad.
large companies were exempt from this reporting requirement
utterly corrupt legislation
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Which makes sense since large company ownership would be more difficult to hide anyway. That doesn't excuse the bullshit law.
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This legislation is another attack on small businesses and 1099s
edit: every large company started small, growth rates obviously differ