“It’s past time that we start standing up for our farmers, our store owners, LLC holders, and small businesses who are the heartbeat of America.”
WASHINGTON – Today,U.S. Senator Tommy Tuberville (R-AL) delivered a speech on the Senate floor condemning yet another example of the Biden administration’s overreach – the Corporate Transparency Act (CTA). Senator Tuberville previewed his legislation, the Big Brother Overreach Act, to overturn the CTA and empower small businesses and LLC owners to grow and thrive.
Read Senator Tuberville’s remarks below or on YouTube or Rumble.
He’s,Tommy Tuberville,is a great American. This is how you finally destroy a once great country. Go after small businesses without anyone knowing what you are doing.
Wreaks of an AI plan to me,but what do I know.
Almost everything that happens is hidden. This is obama style all the way. It’s how they roll, in secret, late at night, using legislation no one has ever heard of.
“Corporate Transparency Act (CTA)”
Congress passed this law it’s not just Biden’s mess.
What used to be a simple process to set up an LLC etc. will now be a more expensive and even dangerous process. Beneficial ownership information (BOI) is a key term, don’t have to be an actual owner just involved enough in management to fall under the rules. Personal info has to be submitted to DOJ Financial Crimes division, same agency that tries to track drug cartel money.
Almost everything that happens is hidden.
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Ain’t that the truth!! In Alabama, our local pharmacies are being pushed out of business! All in the name of the B’ham and Montgomery “downtowners” who know best. HA.
https://www.eaexaminer.com/post/lowe-s-pharmacy-in-lafayette-being-shortchanged-by-corporate-pharma