• tekato@lemmy.world
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    1 month ago

    Sounds good in principle, but isn’t the one of the main purposes of creating an LLC or Corporation to shield your personal assets from the company’s finances? Everyone cheers for these policies until you’re the one they’re coming for. I hope you’re as cheerful when the government wipes your personal bank account as consequence of your company’s affairs.

    • Honytawk@lemmy.zip
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      1 month ago

      LLCs shouldn’t exist in the first place.

      A companys owner should always be liable for the laws its company breaks.