4 ms·
One's person loophole is another person's well-lobbied IRS rule. Many, many people would believe it is just fine if they found a loophole that set their person
by jnwatson 7y ago
One's person loophole is another person's well-lobbied IRS rule.
Many, many people would believe it is just fine if they found a loophole that set their personal taxes to 0%. Even more would be fine with a loophole that reduced their taxes by 50%. Nearly everyone would be fine with loophole that reduced it by 5%.
There's only one way to handle this large moral gray area: pass laws and IRS rules to close the loopholes that experts deem excessive.