Nobody’s making anyone ask the government to grant them an LLC if they want to risk some money.
But if you want the public to grant you special protections for you and your investments, and to form from the void, for you, an entity that can act on its owners’ behalf and enter contracts and survive beyond its creators et c et c, it totally seems reasonable that the public should know who’s benefiting from that. Like, that’s the least that ought to be asked in return.
I think if someone asks the government to create an immortal, legal quasi-person with special privileges for their private use, the public ought to get to know who’s benefiting from and controlling it. I think it’s proper that the public know who’s involved in those, yes.
Nobody’s making anyone ask the government to grant them an LLC if they want to risk some money.
But if you want the public to grant you special protections for you and your investments, and to form from the void, for you, an entity that can act on its owners’ behalf and enter contracts and survive beyond its creators et c et c, it totally seems reasonable that the public should know who’s benefiting from that. Like, that’s the least that ought to be asked in return.