....why are these legal provisions in these tax laws called “loopholes”....?? there is a difference between tax AVOIDANCE and tax EVASION.... you would have to be crazy not to take advantage of whatever legal provisions exist to avoid paying taxes...the H&R Block software that you reference certainly would not be considered as taking advantage of “loopholes” which has a very negative meaning to most uninformed Americans (which is probably MOST Americans...)
I’m sure Gates, Buffett, Bezos and other billionaire Dems used same tax provisions. Like Trump is the only in US that used the legal provisions.
Hope President points out that it was due to Obama that changed the law on look back years.