4 ms·
> How do you prevent the tragedy of the commons without knowing who has what? Does this exact argument not apply to the "anonymous" corporations mentioned in t
by nrb 7y ago
> How do you prevent the tragedy of the commons without knowing who has what?
Does this exact argument not apply to the "anonymous" corporations mentioned in the article?
- optimiz3 7y agoRegistering a corporation doesn't deny others utility of a communally owned good.
- nrb 7y agoIt does if that corporation is used to conceal income in a way that reduces the local tax base, which could negatively affect the utility of nearly all communally owned goods/services.
- optimiz3 7y agoCorporations still have to file taxes, unclear how corporate registration requirements lead to tax fraud.
- nrb 7y agoTax avoidance, not tax fraud. The article was about the ease of setting up series of shell companies, which can easily move money around the world in a hard-to-detect way in order to conceal profits made by people, with no way to determine who those people are or what their tax obligations are.