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Difference being that Real People can't spend 10 million setting up foreign subsidiaries in order to avoid taxation on a billion in income. Different math come
by jbooth 15y ago
Difference being that Real People can't spend 10 million setting up foreign subsidiaries in order to avoid taxation on a billion in income. Different math comes into play when you can fill an office building with lawyers for your tax policy.
- olalonde 15y agoOn the other hand, they can much more easily pass under the radar.
- jbooth 15y agoBut then you're talking fraud and running a big risk.
- Symmetry 15y agoNo, but I know plenty who pay H&R block to help them find all the deductions they're eligible for. This doesn't come out to 10 million, but the income they're sheltering. Its true that large corporations benefit from economies of scale when they try to avoid paying any more taxes than they have to, but I don't see any moral difference between what they're doing and what everyone else does.