Re:Activision Blizzard has moved billions of dollars of prof...
by jnwatson on Sunday August 04, 2019 @02:52PM
(#20608486)
One's person loophole is another person's well-lobbied IRS rule.
Many, many people would believe it is just fine if they found a loophole that set their personal taxes to 0%. Even more would be fine with a loophole that reduced their taxes by 50%. Nearly everyone would be fine with loophole that reduced it by 5%.
There's only one way to handle this large moral gray area: pass laws and IRS rules to close the loopholes that experts deem excessive.
Many, many people would believe it is just fine if they found a loophole that set their personal taxes to 0%. Even more would be fine with a loophole that reduced their taxes by 50%. Nearly everyone would be fine with loophole that reduced it by 5%.
There's only one way to handle this large moral gray area: pass laws and IRS rules to close the loopholes that experts deem excessive.