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Why is that if I exclude personal expenses before paying taxes I get jail time, but if I'm a corporation, not only I can do exactly this, IRS will pay me if my
by akomtu 4y ago
Why is that if I exclude personal expenses before paying taxes I get jail time, but if I'm a corporation, not only I can do exactly this, IRS will pay me if my expenses had exceeded profits? And how does it square with the claim that corporations are people, legally speaking?
Why do I go to jail for insider trading, but gov officials can exempt themselves from the law and do insider trading "legally"?
Why is working for multiple employers is a contract breach, punishable by law, but board members can sit on multiple competing boards?
Why bribing city officials to direct funds to my pocket company is a crime, but senior execs can have buddies and family members in high rank gov positions that directly affect the business the exec's company?
Because the law is often just a written expression of the will of those who has power over those who doesn't.