The Freedom From Religion Foundation has sent a letter to the IRS urging them to investigate Ken Ham's Ark Encounter. The letter alleges that Ham has continuously attempted to run a for-profit business behind his non-profit in order to benefit from as many tax breaks and discriminatory practices as possible.
There is a fundamental difference between the privacy of banking accounts and hiding beneficial ownership in order to commit crimes. The benefits of tracking organized crime, terrorism financing and tax evasion far outweigh the risks to privacy and secrecy of accounts, which is already adequately protected by rule of law nations.
Each nation and region has its own circumstances, and there is no one-size-fits-all solution. But we know that in countries which have successfully reduced inequality, progressive taxation has been an important tool, enabling governments to invest in good quality health care and education for their poorest citizens.