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by EdwardDiego 812 days ago
Limited liability companies were created to allow risk-taking in business. They impose a social cost when they fail, but it's one we accept because the ability to have a crack at creating a business, without being personally bankrupted if it fails, creates more economic activity [0].

However, it doesn't mean we have to accept their usage for tax evasion or money laundering.

[0]: Caveats - depending on your jurisdiction, don't trade while insolvent, don't personally guarantee business loans or leases.