Quote:
Originally Posted by Pugchief
Here's the link to that article
Thank you for providing a source. In spite of the authors' conclusions, my interpretation is that they are:
1. Talking about the ultra-wealthy, not the kind of people you'd run into here inTV, and
2. The "cheating" involves using services to figure out how not to pay taxes. So is that cheating, or just using loopholes to avoid paying legally?
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Why we have 10,000 plus pages of exemptions for rich, rich law makers lawyers write tax laws so they can get out of paying their fair share. Most famous words for one of richest it world said “ my secretary pays more taxes than me”. His secretary don’t make that mush and don’t have army of tax lawyers getting her out of paying cause she can’t use the exemptions that rich can. Yes, there rich slum lords in villages that gets to deduct any expenses on rentals, but I can’t deduct my new roof I was forced to replace.