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So it is ok for companies to do things like this with the tax laws, but not OK for individuals? There is no law against giving up custody of your child. Additi
by mox1 7y ago
So it is ok for companies to do things like this with the tax laws, but not OK for individuals?
There is no law against giving up custody of your child. Additionally, FAFSA says you must include parents wealth, so if you have no "parents", then you don't have to include them.
- dsfyu404ed 7y agoPeople who didn't circumvent the obvious spirit of the rules while complying with the letter of the rules are pissed off that there exist people who did just that, saved a bunch of money doing so and have an presumably clear conscience. While I understand why these people are annoyed I don't have much sympathy. Always read and understand the fine print. Always read and understand the rules. If X is allowed and doing X would benefit you then you are shooting yourself in the foot by not doing X. If the people writing the rules don't like it then they have the power to change it. And no, I didn't take advantage of this but I knew of the loophole at the time, wish I did and I'm paying for my laziness every month.
- mox1 7y agoYes, but once you replace "People" with "Corporation" everyone is more or less ok with it. I'm willing to bet 90%+ of the people in the article complaining about this own, use or like Apple products. Yet Apple does this exact same thing!