PKT
mailing list archive
[ Other Periods
| Other mailing lists
| Search
]
Date:
[ Previous
| Next
]
Thread:
[ Previous
| Next
]
Index:
[ Author
| Date
| Thread
]
Re: Stopping Tax Avoidance
If you do not like the law, work to change the law. Obeying the law is
no crime.
Henry C.K. Liu
Bruce McFarling wrote:
> 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
[ Other Periods
| Other mailing lists
| Search
]