Re:Peter Thiel turned a Roth IRA into a $5B tax-free piggy bank
by chiefalchemist on Thursday June 24, 2021 @10:34PM
(#27626572)
> "Again - this isn't a tax dodge. This is someone who used the law exactly as intended without any illegal or shady dealings and happened to be incredibly fortunate."
Absolutely. But key is the interpretation of "used the law exactly as intended". In the context of ongoing reports of no taxes paid, off shore tax shelters, etc. "intended" takes on new meaning (read: nefarious, or at least should be questioned).
The disgust isn't that he didn't do any wrong, the disgust is that what he did isn't wrong.
Absolutely. But key is the interpretation of "used the law exactly as intended". In the context of ongoing reports of no taxes paid, off shore tax shelters, etc. "intended" takes on new meaning (read: nefarious, or at least should be questioned).
The disgust isn't that he didn't do any wrong, the disgust is that what he did isn't wrong.