3 ms·
>Imagine that a grocer got a tax deduction every time someone returned a box of cornflakes to his store. Heartbeats are when the grocer asks a friend to buy all
by supercanuck 8y ago
>Imagine that a grocer got a tax deduction every time someone returned a box of cornflakes to his store. Heartbeats are when the grocer asks a friend to buy all the boxes and return them, just to pocket more deductions.
>Fund managers and bankers say the trades are perfectly legal...
How is this legal, this seems to me to be fraud?? If this was small town grocer and John Doe, how would this not be rolled up into a defrauding the government?
https://www.justice.gov/jm/criminal-resource-manual-923-18-usc-371-conspiracy-defraud-us https://www.justice.gov/jm/criminal-resource-manual-923-18-u...
- loeg 8y agoIt's a poor metaphor.