Comment on If you had any doubts that Know-Your-Customer laws were evil, here is one very good reason: personal data of 1 BILLION people just leaked.

• privatepirate@lemmy.zip ⁨3⁩ ⁨hours⁩ ago

  Ok but how would that even work? When a company’s product/service is good, then people start recommending it to others and more and more people start using it. The only way to stop companies from growing big is to force them to stop accepting customers after a certain point.

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  • bacon_pdp@lemmy.world ⁨56⁩ ⁨minutes⁩ ago

    No. You just tax the corporations based only on revenue and make the tax rate an exponential curve. Instantly too big to fail becomes too expensive to survive. Thus the businesses will naturally split into smaller companies.

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    • privatepirate@lemmy.zip ⁨53⁩ ⁨minutes⁩ ago

      Then the big companies will just operate under multiple names to commit tax evasion like they already do and pay off the politicians to let them.

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      • bacon_pdp@lemmy.world ⁨42⁩ ⁨minutes⁩ ago

        Well yes, but that is something that they can’t hide from their investors and that information is public and tax fraud is one crime governments will kill corporations for

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