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Because (according to the allegations) McAfee didn't pay the tax man.
by jfrunyon 5y ago
Because (according to the allegations) McAfee didn't pay the tax man.
- sschueller 5y agoNeither do Musk, Bezos, Soros etc. They just manage to get away with it. I guess McAfee was just not rich enough and didn't have the right tax attorney.
- DFHippie 5y agoThere's a difference between legally paying no taxes despite being rich and illegally paying no taxes. The tax laws need to be reformed, but that's a separate issue.
- xtracto 5y agoIn Spanish we use two terms, what McAfee presumably did was "evasión"(evasion) which is illegal while what Musk,Bezos, et al. do is "elusión" (avoidance) which is totally legal. The trick is in knowing how to do Tax Avoidance.
- jfrunyon 5y agoWell, more accurately, the allegation is that he didn't even tell the tax man how much he owed: he never filed, despite being required to file. The others all file, they just recognize very little income and make sure to recognize enough losses to cover it.