• Neuromancer@lemm.ee
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    6 months ago

    It would be interesting to see how many of the rich are using loans to bypass taxes.

    I have only heard of a few cases dealing with tech wealthy people who are paid mainly in stock.

    I do think it is an issue and something should be done about it.

    It is a fallout from being a public company and we can regulate that much easier.

    I think our whole tax system needs to be burned down and replaced.

    • TheKMAP@lemmynsfw.com
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      6 months ago

      If you agree the system is broken I encourage you to reconsider your prior statements about the rich not paying their fair share.

      Rich people do a variety of shady stuff and keep it hidden (Panama papers), I wouldn’t trust your lack of data points to mean it isn’t a pervasive problem.

      • Neuromancer@lemm.ee
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        6 months ago

        That’s moving the goalpost.

        The pay their fair share of income tax.

        The issue is there is a way to avoid income.

        That’s the problem we need to solve. Technically they’re taking on debt to avoid taxes. Sounds reasonable but those are loans we couldn’t get. It’s just a tax avoidance system.