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A comment on The IRS Tried to Take on the Ultrawealthy – It Didn’t Go Well. Parent comment

Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ... by sir_brickalot on Friday April 05, 2019 @03:45PM (#19586294)
I'm not a native speaker so could someone please explain to me if I misunderstand the word 'loophole'? Translation says "a gap in the law". That should make it fairly easy to know if I use one or not . Than again: I'm REALLY bad with taxes.
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Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ... by baddox on Saturday April 06, 2019 @01:10AM (#19589366)
It’s definitely not that simple, because any large company has to navigate the extremely complex US tax law. It’s not like there is a simple law that says they owe x%, then a bunch of “gaps” to exploit. The baseline is already extremely complex.
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