3 ms·

There is a lot of talk about increasing taxes on wealthy companies & individuals in the US as of late again. Whether that's a good or bad strategy I'm unsure.

There is a lot of talk about increasing taxes on wealthy companies & individuals in the US as of late again. Whether that's a good or bad strategy I'm unsure. Either way it seems that well paid accountants are easily winning the arms race on how to avoid taxes. I'm curious if a government can actually win that race.

kadendogthing 8y ago
There's no race. The tools and methods used to avoid taxes are apart of the well understood rules that were written for these companies. It's not a secret, there's no cleverness to what they're doing (except to the lay person). Everyone who needs to be, was and is well aware about how the tax code is written and how it works and why it's setup that way. The effects of the current tax laws were well known before they could even be observed. The government can easily put a stop to this. It's just about electing the right people, in the right party that aren't going to invoke visions of political and economic astrology. I think it goes without saying which party to NOT choose.