Re: Stopping Tax Avoidance

[Bruce McFarling <ecbm@xxxxxxxxxxxxxxxxxxx>]

On Sat, 13 Apr 2002 17:01:53 -0400, "Henry C.K. Liu"
<hliu@xxxxxxxxxxxxxx> wrote:

>Tax avoidance is the legal invocation of tax loopholes.

>TE is ciminal but TA is not.

>In fact, every taxpayer is obligated to maximize TA.  The
>government is not entitled to revenue not legitmized by the
>tax codes.

This sounds like an advertisment from a Tax Accountants
association.  There is no such obligation, moral, ethical
or legal.  If someone can't be bothered to jump through
all the hoops and over all the bars to pay the absolute
minimum tax, and would rather spend that time and effort
on their career or with their family, there is nothing
wrong with that.

Of course, in general the more tax avoidance taking
place under the more distinct special tax avoidance
schemes, the more the tax code is in need of a clean
broom.  A situation, for example, where so many living
expenses can be put down as small business costs that
there are households with two Mercedes' in the two
car garage and children qualifying for special income
assistance to go to University, would seem to be an
indicator of a lot of bias in income tax incidence
between small business owners and wage and salary
earners.

Virtually,

Bruce McFarling, New Lambton, NSW
ecbm@xxxxxxxxxxxxxxxxxxx