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The problem is lobbying and laws being written with the help of banks and financial firms like Deloitte with intentional loopholes, who have large wealth adviso
by throw2016 8y ago
The problem is lobbying and laws being written with the help of banks and financial firms like Deloitte with intentional loopholes, who have large wealth advisory services and then go on to market and sell their services to wealthy clients.
This is brazen corruption and everyone knows it. There has been focus on offshore havens for decades now with no resolution suggesting a lack of interest in fixing the loopholes.
It's like saying every employee can sell their services to a marketing firm which can then lease it out to employers. And the marketing firms can exist in low tax regions. If the law allows this it is not 'tax evasion', merely 'tax optimization'. The end result is is lower tax revenue but of course employees as a group do not have this kind of clout so won't happen. But let us not pretend we do not understand what is happening and muddy the waters in the face of brazen opportunism and corruption.
- provolone 8y agoMaybe the taxes are the problem. Laws are written by politicians and bureaucrats. Naturally as officers of the government, they rationalize an ever expanding government. Speaking of a conflict of interest...