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To: farming pharmer

No one is really cheating....they all utilize the 80,000 pages of federal tax code to their advantage. They pay accountants who are experts on the code, and everything is legit.

So unless some idiot wants to dump the 80,000 pages and go to a standardized 10-percent tax, with no credits and zero out all of the hundreds of thousands of angles....I don’t see this changing.

Getting to some point where everyone pays their fair share....means that 50-percent of Americans go from paying zero....to paying something, and way too much money in the federal pot, which they would just build a thousand bridges a year to ‘nowhere’.


2 posted on 06/08/2021 7:02:00 AM PDT by pepsionice
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To: pepsionice

That “code” doesn’t just happen. They pay for such laws to be enacted. It’s cheaper than paying the taxes they insist YOU should be paying more of.


7 posted on 06/08/2021 7:06:07 AM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: pepsionice
No one is really cheating....they all utilize the 80,000 pages of federal tax code to their advantage. They pay accountants who are experts on the code, and everything is legit.

Which they hardly mention, if at all, in this article.
8 posted on 06/08/2021 7:07:41 AM PDT by farming pharmer (fork you :(){ :|:& };:)
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To: pepsionice

Avoidance is legal (Judge Learned Hand)
Evasion is illegal.


13 posted on 06/08/2021 7:18:58 AM PDT by griswold3 (NBA/ Plumlee Ball. = poor entertainment value while insulting the audience gets you broke )
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To: pepsionice
No one is really cheating....they all utilize the 80,000 pages of federal tax code to their advantage. They pay accountants who are experts on the code, and everything is legit.

Pretty much agree with that.

17 posted on 06/08/2021 7:23:10 AM PDT by 1Old Pro (Let's make crime illegal again!)
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To: pepsionice

They don’t take income so pay no income tax. Most take capital gains and pay that tax.


58 posted on 06/08/2021 3:18:18 PM PDT by Fledermaus (The Republican Party is DEAD! It took 160 years but The Whigs Struck Back!)
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