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f4c39012 | 7 months ago

If everyone had access to the same kind of tax advice that minimised taxes for the rich, I bet a bunch of loopholes would get closed pretty quickly. Some publicly available templates and simple to follow guides would encourage governments to act when they see a general shortfall in revenue. When new loopholes emerge, rinse & repeat. Maybe everyone would pay their fair share then

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thatguy0900|7 months ago

I'm not sure governments would act on a shortfall in revenue. Some governments seem to just consider money not real, just add a couple trillion to the debt and call it a day

smallmancontrov|7 months ago

No, because most loopholes cost $$ to set up so they only break even above a certain income that few people have. You must be this rich to play.

anthonypz|7 months ago

I’m curious to know: what are some of the things that need to be set up? Specific bank accounts to route money around?