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You need to look up the definition of "tax loophole". Tax loopholes are certainly not available to everyone evenly. Mainly the rich use lawyers, and off shore corporations, on paper only, to skirt the spirit and letter of tax law. They find flaws in tax codes, totally unintentional by the legislation, and exploit them, to get out of paying taxes.
Like the loophole that only the rich can buy yachts? Or is it that I just haven't hit an income level that allows me to purchase that product (yacht) or service (sleazy tax lawyers).
Why didn't the current regime close these loopholes when they had both houses of Congress and the Presidency? If they are so bad, it should have passed with ease even with GOP resistance.
Like the loophole that only the rich can buy yachts? Or is it that I just haven't hit an income level that allows me to purchase that product (yacht) or service (sleazy tax lawyers).
Why didn't the current regime close these loopholes when they had both houses of Congress and the Presidency? If they are so bad, it should have passed with ease even with GOP resistance.
Your definition of is something is "not bad" is if politicians in DC allow the practice?
That means by your standards. Everything going on today in government is "good"? Otherwise, our wise politicians would have chosen to change or enforce existing law?
Don't bother with a discussion with me, I take your views are way too extreme and radical to be taken seriously.
Your definition of is something is "not bad" is if politicians in DC allow the practice?
That means by your standards. Everything going on today in government is "good"? Otherwise, our wise politicians would have chosen to change or enforce existing law?
Don't bother with a discussion with me, I take your views are way too extreme and radical to be taken seriously.
They may seem extreme to you, but I believe that they are the mainstream. Haven't you ever noticed that the ghettos are filled with "good" people?
Your definition of is something is "not bad" is if politicians in DC allow the practice?
Actually, far from the truth. I don't agree with a lot of things that politicians allow.
It's your use of the word "loophole" that gives it a negative connotation. Just as the anti-gun crowd uses the "gun show loophole" phrase all of the time. In most states, face to face sales of guns are legal with no background check. If you don't agree with it, try to change it.
Back on topic - This is Mr. Saverin's money and he should do what he wants with it. He earned it.
Quote:
Originally Posted by padcrasher
That means by your standards. Everything going on today in government is "good"? Otherwise, our wise politicians would have chosen to change or enforce existing law?
Wise and politician haven't gone together in a long time.
Quote:
Originally Posted by padcrasher
Don't bother with a discussion with me, I take your views are way too extreme and radical to be taken seriously.
Because they are polar opposite of yours? I took the time to address your positions.
You need to look up the definition of "tax loophole". Tax loopholes are certainly not available to everyone evenly. Mainly the rich use lawyers, and off shore corporations, on paper only, to skirt the spirit and letter of tax law. They find flaws in tax codes, totally unintentional by the legislation, and exploit them, to get out of paying taxes.
Further proof of liberal incompetence and the superior intellect of the Right.
You need to look up the definition of "tax loophole". Tax loopholes are certainly not available to everyone evenly. Mainly the rich use lawyers, and off shore corporations, on paper only, to skirt the spirit and letter of tax law. They find flaws in tax codes, totally unintentional by the legislation, and exploit them, to get out of paying taxes.
oh please
its the LAW not a 'loophole'
fact our system ALLOWS writeoffs for many, many things...and many are because of TAXES PAID ELSEWHERE, too include in other countries
like for example we "write-off" a standard deduction...or you can ITEMIZE
I pay nearly 20% of my GROSS in property taxes...yep my little 1500sf 100yr old house on a tiny 60x100 piece of property...the taxes are nearly 12,000 a year..that's 20% of my gross of 60k....and because I do PAY those taxes. I can write it off my federal side...and my big medical bills...another write-off
every write-off a rich guy can take..so acn a poor guy....many of the write-offs a poor person CAn take, the rich guy cant (the child credit, medical credit, education credit, and retiremenmt credit all phase out at 180k
but liberals only want to find their boogyman..the evil rich guy, so the can DISCRIMINATE against him and get more taxes for the takers
Last edited by workingclasshero; 05-11-2012 at 08:46 PM..
They most certainly ARE available to everyone evenly. If you don't qualify, it's your fault. You could start by getting a job or starting a business instead of posting on forums all day long. Not too many tax loopholes for that.
I don't suppose you know the definition of irony...
Sounds like another Buffet liberal...promote higher taxes for everyone else, but dodges them himself. How typical.
I don't know if you checked but Saverin is a Republican...
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