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Attention small businesses.
The Corporate Transparency Act (CTA) went into effect on January 1, 2024, to help "prosecute and deter money laundering," to "deter tax fraud," and to deter the peaceful operation of small businesses whose owners don't have time to stay current on every new complex regulation.
Lawyer Lee Phillips said that CTA requires companies to file new sets of paperwork with the Financial Crimes Enforcement Network (“FinCEN”) and are essentially being investigated for a crime. Reporting is mandatory. Failure to comply with CTA carries a maximum fine of $500 per day up to $10,000 and criminal penalties, including up to two years in prison.
Simon Black says small businesses are targeted while large, publicly traded companies are specifically exempt from reporting under the CTA. So are hedge funds, banks, and other large financial entities. Heads-up, small business owners.
What is being released right now is not transparency.
It is controlled disclosure.
Fragments.
Selective timing.
Curated narratives.
Carefully engineered confusion.
Enough to distract.
Former DNI General Michael Flynn
“Our problem as Americans is we actually hate history. What we love is nostalgia.’
-- Regie Gibson
“Here’s an uncomfortable truth about the Epstein accusations: We only find them morally reprehensible because of Christianity. Before the spread of Christianity, ‘civilized’ Greek and Roman elites openly flaunted underage s*x slaves. This was normal. Emperor Hadrian built an entire city in honor of his favorite boy… If you undercut the moral foundations of Christianity from the West, culture reverts back to pagan norms.”
–Paul Anleitner
