Re:IRS records reveal how the wealthiest avoid income tax
by refurb on Tuesday June 08, 2021 @10:39AM
(#27435771)
Seems like laws already exist around legitimate charitable institutions. If those aren’t being enforced now, what makes you think new laws will be?
Re:IRS records reveal how the wealthiest avoid income tax
by bialpio on Tuesday June 08, 2021 @11:12AM
(#27436237)
If the existing laws are not enforced, maybe it's time to remove, or at least rethink the exemptions then?
Re:IRS records reveal how the wealthiest avoid income tax
by refurb on Tuesday June 08, 2021 @10:43PM
(#27443655)
That doesn’t follow in the least.
Are you saying we should reconsider the ban on felons buying firearms because the law isn’t enforced?
Re:IRS records reveal how the wealthiest avoid income tax
by bialpio on Wednesday June 09, 2021 @03:02AM
(#27445073)
Either that, or change the law so that it becomes enforceable, or spend more resources on enforcement. If the law is enforced in, say, 1% cases, why is it even there? Most people who break it face no consequences, and it has a potential to be a tool to unfairly target people ("we want to destroy you so we will find a law that you're breaking that is normally not enforced and lock you away for that").
As for the specific example, yes, I think felons that served their sentence should have their full rights restored.
https://en.wikipedia.org/wiki/Howard_Hughes_Medical_Institut...
It seem like a good loophole for the rich to have control on where their charitable money goes to and do what. you can argue the Gates foundation is the same but Bill Gates actually doing some goods with his charitable organization like someone else said, if the charity is being use like a little piggy bank for the rich then its a crime.