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0 pointscharlesdm7y ago0 comments

He never said he did it all by himself. He did say they were not spending the money accordingly, which is likely true of most governments.

I love my universal healthcare and pensions and am happy to pay a good tax rate for that, but many people seem to assume that it's just OK for governments to tax, and tax, and then tax some more.

Also, a motivated person is going to find loopholes in the tax code. That is essentially the result of being able to structure your own affairs the way you want, unlike, say, an employee. Don't blame the person understanding the rules well -- he's playing by the book after all.

0 comments

xupybd7y ago

I agree that smart people will find the loopholes. But I think governments should be held to account for not closing these loopholes. It’s near corruption to leave them open.

You can’t blame a smart business owner for minimising their tax bill. They’re in competition, they have to do what is possible to stay competitive. But you can blame the regulators for creating an unfair system.

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0 pointscharlesdm7y ago0 comments

He never said he did it all by himself. He did say they were not spending the money accordingly, which is likely true of most governments.

I love my universal healthcare and pensions and am happy to pay a good tax rate for that, but many people seem to assume that it's just OK for governments to tax, and tax, and then tax some more.

0 comments

xupybd7y ago

I agree that smart people will find the loopholes. But I think governments should be held to account for not closing these loopholes. It’s near corruption to leave them open.

j / k navigate · click thread line to collapse