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If you think minimizing your tax rate starts and ends with line items on the 1040, you are not minimizing your tax rate. Not by a long shot.
by andrewprock 7y ago
If you think minimizing your tax rate starts and ends with line items on the 1040, you are not minimizing your tax rate.
Not by a long shot.
- Danieru 7y agoIt is double think to call the act of minimizing the state of having achieved the absolute minimum while still using the word to describe corporations which are indeed paying more than the absolute minimum. You are being dishonest in discourse to use that word with different definitions depending on who you apply it to. Either regular people are minimizing taxes when they use rules to reduce taxes, and thus so are corporations. Or neither regular people nor corporations are minimizing taxes because neither has achieved the absolute minimum.