←back to thread

113 points jimhi | 1 comments | | HN request time: 0.247s | source
Show context
SoftTalker ◴[] No.44474976[source]
What on earth is wrong with not paying taxes legally? What taxes does anyone pay other than those that they must pay?

If the government wants a tax to be paid they need to make it simple and unconditional. If there are loopholes or ways to legally avoid it, they will be discovered and people will take advantage of them.

replies(17): >>44475058 #>>44475075 #>>44475104 #>>44475113 #>>44475126 #>>44475129 #>>44475185 #>>44475242 #>>44475258 #>>44475259 #>>44475271 #>>44475296 #>>44475450 #>>44475644 #>>44475781 #>>44476190 #>>44476938 #
webdevver ◴[] No.44475075[source]
i think the latest term is 'tax optimisation'...

you could make an argument that in order to optimise your taxes, you have to be quite wealthy to begin with (hiring a tax guy, etc.) - otherwise you don't have any time left in the day to run your business.

so in practice, the little guy winds up just paying the 'sticker price' so to speak, while the big guy has pros who can make their big profits even bigger.

replies(5): >>44475171 #>>44475188 #>>44475269 #>>44475283 #>>44475416 #
f4c39012 ◴[] No.44475171[source]
If everyone had access to the same kind of tax advice that minimised taxes for the rich, I bet a bunch of loopholes would get closed pretty quickly. Some publicly available templates and simple to follow guides would encourage governments to act when they see a general shortfall in revenue. When new loopholes emerge, rinse & repeat. Maybe everyone would pay their fair share then
replies(2): >>44475222 #>>44475230 #
1. thatguy0900 ◴[] No.44475230[source]
I'm not sure governments would act on a shortfall in revenue. Some governments seem to just consider money not real, just add a couple trillion to the debt and call it a day