At a minimum, tax code should be changed to discourage limited liability corporation forms. Personally I'd also like to see that limited liability as a concept would be forbidden in many/most industries/cases. In Brazil the management and owners of a bank may be held liable if bank fails even without wrongdoing. And I think there has not been many failing banks in Brazil...

https://www.economist.com/finance-and-economics/2013/05/04/b...

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