Re:ProPublica's tax story
by op00to on Wednesday June 09, 2021 @07:36AM
(#27446721)
I do not have access to the same loopholes as the 1%. I do not own a foundation, corporation, or trust, and have no means of creating these.
[ Parent
| on HN ]
You most likely do - founding a corporation is trivial in most European countries and the US. But you don't even need any of these things to get "access to the same loopholes" as "the 1%" - buy some stocks and hold them. You've now achieved the same tax "avoidance" that the ProPublica article is talking about.