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How to not pay your taxes legally, apparently

(mrsteinberg.com)
113 points jimhi | 2 comments | 05 Jul 25 18:21 UTC | HN request time: 0.532s | source
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SoftTalker ◴[05 Jul 25 19:35 UTC] 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.

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webdevver ◴[05 Jul 25 19:53 UTC] 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.

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1. pengaru ◴[05 Jul 25 20:46 UTC] No.44475416[source]▶
> i think the latest term is 'tax optimisation'...

How does this differ from the long-standing term "tax avoidance"?

It's the "tax evasion" flavor that gets you into legal trouble afaik.

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2. Muromec ◴[05 Jul 25 21:15 UTC] No.44475606[source]▶
There is a spectrum where tax optimization is one side and tax fraud on the other. Depending on who you ask, some behaviors can be put on different points in it.