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Then it's a plain cost-benefit analysis. What you're missing are the three factors at play in cost: 1. The tax rate itself 2. The cost of avoiding it 3. The
by omegaworks 9y ago
Then it's a plain cost-benefit analysis.
What you're missing are the three factors at play in cost:
1. The tax rate itself
2. The cost of avoiding it
3. The cost of getting caught
We have control of 1 and 3 not just 1, and we can exert influence on 2. The double-Irish hole is closing.
- cjlars 9y agoWho said anything about cost of getting caught? Tax avoidance is expressly defined as taking advantage of the legal options. There are a huge amount of loopholes out there, and a huge amount of effort goes into manufacturing legal ways to qualify for them. The overwhelming bulk of that effort is deadweight loss.