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People who can afford to are going to begin hiding behind shell corporations. Houses, other assets, etc. will be corporate-owned, with suitable non-descriptive
by pasbesoin 12y ago
People who can afford to are going to begin hiding behind shell corporations. Houses, other assets, etc. will be corporate-owned, with suitable non-descriptive names and corporate addresses.
In fact, this is already occurring, although a prime driver has been a form of trust that reduces taxes particularly inheritance taxes.
I'm not familiar with what e.g. Hollywood celebrities do, but at a guess many of them are likely also doing something similar.
Need to restrict access? Introduce a layer of indirection.
- gcb0 12y agoagreed. most of the data those companies had on my name were from utilities, insurance, etc. and most of them aggregated people with my common name in several states. they had a lot of info, but also a lot of wrong info. all mixed together. i send removals for all entries, mine and otherwise :)