TaxAvoidance

ThoughtStorms Wiki

See also : TaxHavens, WealthInequality, BigTech

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

CoryDoctorow on Tax Loss Harvesting : https://pluralistic.net/2023/04/24/tax-loss-harvesting/

Quora Answer : Is it hypocritical to promote socialism and consider yourself left-wing whilst avoiding tax legally?

Mar 13, 2019

Yes.

To an extent.

Obviously it depends on the fine details of your politics. A left-anarchist or libertarian socialist who doesn't think the state is a suitable vehicle for left-wing policies wouldn't be hypocritical.

Also "legally avoiding tax" sort of blends in to just "not paying taxes I don't owe because I qualify for certain exemptions".

It's one thing to put your money in an ISA and another to put it into a tax haven.

But certainly if you claim to be left-wing and that the state is the right vehicle for that and that people should be paying their taxes, then it is hypocritical to put too much effort into trying to reduce them.

Backlinks (2 items)