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If they really wanted to close these loopholes they would. Politicians only push them to be closed whilst a) the companies in question aren't lining their pock
by junto 11y ago
If they really wanted to close these loopholes they would. Politicians only push them to be closed whilst
a) the companies in question aren't lining their pockets, and
b) the politicians start to lose votes because of it.
- rbcgerard 11y agoI think that that for every "loophole", separating the legitimate and illegitimate users (however you wish to define those) objectively is next to impossible.
- asift 11y agoWhile I think there is truth to your point, it's also true that some loopholes are the result of unintended consequences rather than conscious creation. In these instances, there will still be companies lobbying to keep these loopholes open, but the government can still fail at closing loopholes even when they are explicitly trying to close them.
- junto 11y agoIndeed, many loopholes are due to the fact that taxes are national whist companies are global.