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it's not fraud as in "tax evasion" it's 100% legal albeit morally bankrupt "tax avoidance". the problem is that if you grow a company to a certain size the only
by DyslexicAtheist 5y ago
it's not fraud as in "tax evasion" it's 100% legal albeit morally bankrupt "tax avoidance". the problem is that if you grow a company to a certain size the only way to compete is to be part of this rigged system. not a single fortune-500 company that is in the top 500 because they don't use thick layers of shell companies. the strategy is always to squeeze the supply end and the demand end while scooping the profits in the middle (the low-tax jurisdiction).
- BryanBigs 5y agoI do have to ask...why is it morally bankrupt? Do you go out of your way to pay more tax than is legally required? If not, are you morally bankrupt? Of course not. Tax laws are the rules of the game. If you don't like the rules, change them (democracy and all) and enjoy the positive and negative consequences as they unfold.
- eptcyka 5y agoI think it's morally bankrupt because a direct analogy would be that it's not OK to bully someone unless you're strong enough that there won't be any repercussions.