3 ms·

Now quell our concerns with the same rhetoricals but in the top 0.1% range, like for, say, Amazon.

• Meekro 4y ago
  The top 0.1%? You are never going to beat them, and you know it. They will ignore or sidestep your laws, and most of the time they'll get away with it. This will, occasionally, produce a left-wing movement and sweep some politicians into power. They'll come in with a popular mandate, and they'll pass some laws or restructure the IRS or something. Five years later, that top 0.1% will still be dodging taxes. Naturally, not a single one of them will have been held accountable or gone to jail. However, the resources provided by the popular movement will have been used to audit and harass the $1-10 million businesses and individuals. Some of them will have been cheating a little. Maybe a personal vacation deducted as a business expense -- stuff like that. Nothing compared to what Amazon is doing, of course. But they'll be audited, and they'll be nailed. Most of them will may a major fine. A few will do 1-3 years in a Federal minimum security prison. Or maybe they'll catch a grandma who inherited a European bank account from her family. She didn't dodge any taxes, but she didn't know that she was supposed to report that account every year on a special form. When she later amends her filings to comply with the law, they'll take her amended filing as a confession and nail her for $2 million, or half the value of the account. [1] But forget about her, it's time to hire another 87,000 IRS agents. Does anyone really think they'll be used to go after Amazon? [1] https://ij.org/case/foreign-bank-account-fines/ https://ij.org/case/foreign-bank-account-fines/