Three branches agree: The CTA needs to go
The Corporate Transparency Act (CTA) mandates that most U.S. corporations report owners' personal information to a federal database, raising constitutional and privacy concerns. All three branches of the federal government have expressed doubts about the law, with enforcement paused, courts ruling it unconstitutional, and lawmakers introducing repeal efforts. Critics argue the CTA threatens individual liberty and creates security risks by centralizing sensitive personal data.
- ▪The Corporate Transparency Act requires most U.S. corporations to report owners' personal information to a federal database.
- ▪The executive branch has paused enforcement of the CTA, two federal judges have ruled it unconstitutional, and members of Congress have introduced repeal legislation.
- ▪Large government databases have been repeatedly breached, including incidents involving the U.S. Postal Service, the Department of the Treasury, and the Office of Personnel Management.
- ▪The CTA was passed as part of the National Defense Authorization Act of 2021 without significant debate or scrutiny.
- ▪The Trump administration paused CTA enforcement via an interim final rule, which a future administration could reverse.
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The Corporate Transparency Act requires the owners of almost all corporations registered in the states to report their personal information to the federal government to be collected in a massive database. As history has shown, large databases of Americans’ personal information, especially those kept by the government, are not secure. What’s worse, the CTA is unconstitutional. It’s time for the Supreme Court to take up the case challenging it and say so. Recommended Stories How the Faster Labor Contracts Act could hurt workers First victory in First Choice: The fight for pregnancy center rights moves onward Supreme Court gets it right: Harassed pregnancy center deserves its day in federal court Rarely do the three branches of the federal government agree, and when they all question the…
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