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.

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bacon_pdp@lemmy.world ⁨5⁩ ⁨hours⁩ 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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