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> It is all part of her mission to stick it to the man, one case of tax avoidance at a time. What state of mind do you have to be in to write something like th
by belval 5y ago
> It is all part of her mission to stick it to the man, one case of tax avoidance at a time.
What state of mind do you have to be in to write something like this about a tax avoidance loophole for the 1%. She's not sticking anything to "the man", she's just helping rich people abstain from contributing to society.
- pempem 5y agoActually I would point out that most of the time HN would be tremendously supportive of such a narrative - although they would not call themselves the 1%
- kwertyoowiyop 5y agoWhat proof do you have for this claim?
- randomhodler84 5y agoNot a 1%er but I support that the individual should be free to domicile themselves in a favorable tax jurisdiction if it is to their advantage. A think a lot of people would agree.
- kwertyoowiyop 5y agoI can't blame people for reacting to the tax codes to minimize what they owe. But I'm conflicted by situations like when Elon Musk makes a lot of money from stock appreciation in a largely-California business, then moves to a lower-tax state to cash out. It's obviously not illegal and probably not immoral, but I'd say it's selfish.
- pempem 5y ago@kwertyoowiyop ^^
- asymmetric 5y ago> What state of mind do you have to be in to write something like this about a tax avoidance loophole for the 1% A (right-)libertarian state of mind.
- randomhodler84 5y agoOr preventing authoritarian types from pushing their will on to others. What if you don’t like society, and wish to exclude yourself from it… on a Caribbean island, contributing to the local economy, making jobs, etc (actually improving the local peoples lives). Is this not your right as an individual?
- belval 5y agoGet the libertarian-ish point of view here, but if a person is unwilling to contribute to the infrastructure of the country in which they actually reside in while also using said infrastructure, to me that just makes them a hypocrite. FAANG pay is $300k/year because it's a multinational corporation that benefits from the hegemony of the US abroad. That hegemony was built on top of tax dollars from previous generation. Now if you actually move to the Caribbean and live there full-time then sure that's fine, but the service described in the article isn't that at all.
- derekdahmer 5y agoIt’s your right to do so but don’t pretend you’re doing Caribbean communities any favors. If the country doesn’t charge taxes and all you’re doing is trading cryptocurrency on the beach you’re not really helping the locals in a meaningful way.