Re:IKEA buys 11,000 acres of U.S. forest to keep it from bei...
by sandworm101 on Wednesday January 27, 2021 @10:48AM
(#25929656)
>> an practically be considered encouraged
It is openly encouraged. All those little policies, those loopholes, are there to encourage certain behaviors and discourage others. Want to funnel profits into live insurance on your employees in order to avoid tax? (Walmart does this) Go right ahead. That bit of tax code is there specifically to encourage the use of life insurance. If it is in the code, it is there because the government wants you to use it.
It is openly encouraged. All those little policies, those loopholes, are there to encourage certain behaviors and discourage others. Want to funnel profits into live insurance on your employees in order to avoid tax? (Walmart does this) Go right ahead. That bit of tax code is there specifically to encourage the use of life insurance. If it is in the code, it is there because the government wants you to use it.