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There is ZERO wrong with income tax "avoidance". I don't care who you are.
by sigzero 6y ago
There is ZERO wrong with income tax "avoidance". I don't care who you are.
- tsherr 6y agoActually, it means you aren't paying your share for the services provided by the public. The only people who think that tax avoidance is a good thing are the unethical rich and the American embarrassed millionaires who've been convinced to vote against their own best interests.
- CamperBob2 6y agoNo, that's not what it means.
- worik 6y agoBS There is plenty wrong with it. It is not illegal. Not the same thing as being "zero wrong"
- softwaredoug 6y agoMorality and the law often have nothing in common
- boringg 6y agoTax avoidance has different colors. Some of it is totally fine, others is more concerning. I agree with you on the tone that is coming out that tax avoidance is wrong is totally bs. Tax evasion on the other hand is completely wrong and illegal.
- nrmitchi 6y agoI'm going to focus on just one example from this report. Seven Springs is a very large properly that he purchased, and claims and reports as an investment property. This allows deductions of all loan interest, upkeep/maintenance, and operating expenses. Based on family statements in the past, the property is used primarily as a personal residence. Reporting a personal property as an investment property in order to deduct expenses is not "tax avoidance", it is tax fraud.