5 ms·
> loophole created for the express purpose This is an oxymoron.
by parineum 5y ago
> loophole created for the express purpose
This is an oxymoron.
- kelnos 5y agoWhile perhaps technically true, I think you are taking a word's general strict meaning, and are attempting to apply it to something where the meaning is often stretched a bit liberally. While yes, it is true that a "loophole" is something that is unintended but allows some subset of people to benefit, when it comes to "tax loophole", that has colloquially come to mean "any means by which a special interest group gets to avoid taxes". "Tax loopholes" can be intentionally added to the tax code, even if "loophole" implies something unintentional. Remember that English is a living language, and meanings change to suit how people use words, not how the dictionary may have once defined them.
- parineum 5y ago> when it comes to "tax loophole", that has colloquially come to mean "any means by which a special interest group gets to avoid taxes". "Tax loopholes" can be intentionally added to the tax code, even if "loophole" implies something unintentional. You're wrong. You just have been using the term wrong and listening to people who do as well. Loopholes are unintentional. The things you are referring to are intentionally placed in the tax code for people to take advantage of. Do you consider the solar credit a tax loophole for people with solar? >Remember that English is a living language, and meanings change to suit how people use words, not how the dictionary may have once defined them. Great but this doesn't apply to "loophole". You're just wrong and doubling down. >tax loophole >A provision in the laws governing taxation that allows people to reduce their taxes. The term has the connotation of an unintentional omission or obscurity in the law that allows the reduction of tax liability to a point below that intended by the framers of the law.