Lucrum
Registered: Dec 2003
Posts: 31978 |
11-03-11 11:03 PM
Quote from jeb9999:
Tax avoidance and tax evasion are two different things.
The first is legal, the second is not.
True of course. I think the growing resentment is due to the extreme extent to which the avoidance is being taken, even abused, at a time we're drowning in debt.
Do you claim exemptions and deductions on your income tax return?
Yes
The most agressive corporate tax avoider is GE.
The biggest individual tax avoider is Warren Buffet.
The US tax code is designed for favored parties to avoid taxes.
No argument from me
US tax code has gone from 400 pages in 1913 to over 71,000 pages in 2010.
Disgusting.
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