The Eerie, Encroaching Corporate Transparency Act Explained - 1984?

Phillip Taylor and constitutional attorney Austin Hepworth discuss how this act will affect everyone who owns or works with small businesses. It is the Patriot Act on Steroids and was pushed through in a much larger bill.

All small business owners must submit personal information by the end of the year to a massive federal database. That database can be shared with all US intelligence agencies, the IRS, and local law enforcement. In addition, it can be shared with all international governments, intelligence agencies, and law enforcement. It is highly unconstitutional.

The ramifications of this bill in our daily business and regular lives are impossible to quantify.

 

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