

what’s stripping these companies lying about their financial data to tax authorities?
there are lots of self-report mechanisms that we use… it’s just not worth the blowback of non-disclosure to lie about it. some people do, and sometimes they get caught; not always, but overall it’s a net benefit to transparency





for large companies, i think you’re probably right… but there are plenty of transactions that happen cash. i think it’s a case of not letting perfect be the enemy of better. some people might lie, and if they get caught that should have some punishment… but we hope that most people don’t lie, because the risk just isn’t worth it