That's when I generally respond with the Propublica article, outline how the wealthy avoid income tax. Usually shuts down that "the rich pay more" line.
That's when I generally respond with the Propublica article, outline how the wealthy avoid income tax. Usually shuts down that "the rich pay more" line.
If so, I understand. Those tax avoidance schemes are legal, for sure, but tax laws created decades ago need to be amended to reflect current economic realities.
That's when I generally respond with the Propublica article, outline how the wealthy avoid income tax. Usually shuts down that "the rich pay more" line.
You mean this one?
https://www.propublica.org/article/billionaires-tax-avoidance-techniques-irs-files
If so, I understand. Those tax avoidance schemes are legal, for sure, but tax laws created decades ago need to be amended to reflect current economic realities.
Yup. And yup.