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> while the mega corps get away with billions. The difference here is that megacorps use legal loopholes (and pay accountants and lawyers plenty of money to fi
by iMerNibor 5y ago
> while the mega corps get away with billions.
The difference here is that megacorps use legal loopholes (and pay accountants and lawyers plenty of money to find those loopholes and make sure they are allowed) to avoid paying tax while the single mother probably thinks she can get away with not doing it while she may be obligated to
You can't go after companies for follwing the law, you'd have to change the law first.. which I don't see happening personally
Edit: Don't get me wrong - I'm all for making things easier for small businesses to enable them to grow
- CalRobert 5y agoOften they're not just finding the loopholes, they're making them.
- max_ 5y agoYes. Features, not bugs.
- deleted 5y ago[deleted]
- _fat_santa 5y agoYou are correct. The anger over this isn't about any details. We know that these large corps are following the rules, just using loopholes and such to lower their tax burden. The anger is over the fact that it's clear the government needs money because of the spending, so rather than going after the big multi-billion dollar companies that should be paying way more in tax, they are instead going after the low hanging fruit.
- Domenic_S 5y ago"Loophole" implies that these strategies are meant to circumvent the explicit purpose of the law, but these tax breaks are intended. There is no such thing as "closing a loophole", only purposefully and meaningfully deciding that raising tax on corporations is a thing to do.
- efdee 5y agoIt's easier to take one dollar from a million people/companies than a million dollars from one person/company.
- cwkoss 5y agoIs it? Seems like taking $1 from a million people would cost $.50+/person in administrative costs.
- pessimizer 5y agoMom and Pop Etsy shops don't get to write the law. Companies that buy up 10,000 Etsy shops get to write the law.