Wednesday, November 28, 2012

Tax Avoidance not a loophole, but it should be.

"@ChasMcDuffee: @jaazee1 @MemoBeacon Offshore accounts not loop holes #nhpoltics" You don't seem to understand, assets declared,taxes paid!

from Plainsboro, NJ Collapse

a twitter comment above and my responce below.

Yes, you have got me pegged. I don't seem to understand those who use any form of technicality in IRS laws to avoid paying taxes. I am sure you are correct that my calling it a loophole is wrong on my part! I'd say a majority of Americans, a slim majority agree with me, though. You do agree, don't you, that Mr. Romney's offshore account activity may have hurt him just a little in the last election. He certainly didn't want to discuss it very much, so I assume it was not something for which he was proud. More correctly! He didn't want to look bad in the eyes of 98% of the people. By 98% I mean those who pay their taxes and don't employ avoidance techniques.
I understand that you will now be thinking of my free right to do the same. Except, I do not have the discretionary income to participate. I would not quibble with these techniques though until we find that people are using their offshore protected money to buy elections and thereby increase their lobbying power. God you guys must hate the one person one vote thing! One person, regardless of property, gets a vote. Must seem like a bitter technicality.

Below please find a reference that explains “tax avoidance” and clearly supports your point! You folks need to find a way to cover it up better.

@jaazee1  I have picked on your comment here, but I value your point of view. You are out there explaining to folks about what you believe in and though I disagree with some of your views, I am glad you tweet a lot and say what you think. Keep it up. Our disagreements have value! Thank you.

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