4 ms·

What loopholes exactly?

• unclebucknasty 10y ago
  Pretty easy to find online if you're genuinely interested. Start with oil.
  • harryh 10y ago
    Oh, you're talking about the corporate tax code. OK, plenty of crazy things there (though the line between "bad loophole" and "unavoidable complexity" is narrower than most think). This is (as was said elsewhere in this thread) one of the biggest reasons to get rid of the corporate tax code completely and just tax people where things are much simpler and much less susceptible to these sorts of problems.