3 ms·
> In my opinion, ALL loopholes for the super-wealthy and companies (Double Irish) should be closed. This is completely unrealistic. The biggest issue is that
by chollida1 13y ago
> In my opinion, ALL loopholes for the super-wealthy and companies (Double Irish) should be closed.
This is completely unrealistic. The biggest issue is that you can't compel other countries to follow along. Half the rules in the commercial tax code are geared towards allowing companies to compete in the international world.
> I assure you that it was NOT accidental.
THis just seems foolish. No one person fully understands the tax code. If it was intended, why did people take so long to exploit it ? The law was passed in 1990, but no GRATS appeared anywhere near then. You are really, really stretching here.