all 2 comments

[–]BravoVictor 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

It's like a Simpson's skit:

You have some messages, sir.

"You have 1 week to pay the outstanding taxes on your store."

"You have 1 day to pay the outstanding taxes on your store."

"Your store has been burned down by mostly peaceful protesters."

"You have 1 week to pay the outstanding taxes on your rubble."

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

This is why you run your business as an LLC. You get the insurance payout, pay it to yourself as a golden parachute, then bankrupt the LLC and walk away. The rubble becomes the municipality's problem, since they allowed the destruction.