Reply to thread

Message

<blockquote data-quote="Bennett Prescott" data-source="post: 33907" data-attributes="member: 4">Re: 2011 U.S. Budget Cut in PerspectiveThere is no such thing as a tax loophole. There is the tax code, and there is illegal. Any company that didn&#039;t fully research what write-offs were available to them in the tax code should be sued by their shareholders for dereliction of duty. Any company not following the tax code will surely be caught sooner or later by the IRS and made to pay what they should have in the first place.If you don&#039;t like the tax code, change it. Don&#039;t go complaining that some company pays no income tax when all they&#039;re doing is following the law to the letter. Trust me, if there was a legal way to pay no income tax, I&#039;d be on it like flies on shit... but I guess since I&#039;m in a relatively low tax bracket one wouldn&#039;t go calling me greedy. I wonder at what point I&#039;m poor enough that I deserve to keep my money? I mean, I do all right for myself, but nowhere near as well as I could be doing if I didn&#039;t like this business. Perhaps I am in fact doing a disservice by not living up to my revenue potential, so I could contribute more tax dollars to the government.</blockquote>

[QUOTE="Bennett Prescott, post: 33907, member: 4"] Re: 2011 U.S. Budget Cut in Perspective There is no such thing as a tax loophole. There is the tax code, and there is illegal. Any company that didn't fully research what write-offs were available to them in the tax code should be sued by their shareholders for dereliction of duty. Any company not following the tax code will surely be caught sooner or later by the IRS and made to pay what they should have in the first place. If you don't like the tax code, change it. Don't go complaining that some company pays no income tax when all they're doing is following the law to the letter. Trust me, if there was a legal way to pay no income tax, I'd be on it like flies on shit... but I guess since I'm in a relatively low tax bracket one wouldn't go calling me greedy. I wonder at what point I'm poor enough that I deserve to keep my money? I mean, I do all right for myself, but nowhere near as well as I could be doing if I didn't like this business. Perhaps I am in fact doing a disservice by not living up to my revenue potential, so I could contribute more tax dollars to the government. [/QUOTE]

Verification