When the Rich Said No to Getting Richer

Re:When the Rich Said No to Getting Richer by jazzyk on Tuesday September 05, 2017 @12:16PM (#15176608)

Most loopholes are aimed at big corporations and high-income people ($1M+). You and I cannot take advantage of them easily.

Loopholes:

- obfuscate the fact that "certain" people, who should be paying 35% are not, in fact, paying a penny.

- give incredible power to the people who decide what "certain" group to reward with them or threaten to withdraw them

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Re:When the Rich Said No to Getting Richer by charlesdm on Tuesday September 05, 2017 @03:46PM (#15178506)

You can actually use them, but probably are not, since you're a high income, high income tax paying person? If you can earn $300k a year as an entrepreneur, vs $300k as an employee, then it's a lot more likely you'll be paying significantly less taxes when going the self employed route.

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