The way billionaires pay or avoid taxes is really different from people who work for a living or even the “normal” wealthy millionaires. nostr:npub19fwwstv5dg8qsmuj9rmgf98nt9lfz5gvv67jqx6y9jtgekpcz5pqpgulzp has a great investigative piece based on a major leak of billionaires tax returns from the IRS.
nostr:note1mxpa44c975p6hhldpnwat738r7fm54mvw8vk9eznpslejdx3wn2qkx8x8c
Can you give us the summary version?
Everyone should pay as little in taxes as possible. Ideally, taxation would be ended because of how evil it is.
If anything, we should learn from them.
one question is how enforcement plays out based on what bracket you’re in—i.e. those 87,000 newly armed IRS agents probably aren’t knocking on any billionaires’ doors
You will never hear me arguing for the existence of the IRS.
for sure, not saying it’s right, rather an observation that the power is imbalanced and the people who don’t pay as much and have greater power probably aren’t incentivized to change the status quo
taxation that is a voluntary collaboration between citizens to pool resources in order to accomplish a certain thing, which is administrated by elected representatives is one thing. And currently a thing which doesn’t occur. Instead, unelected bureaucrats extort money under threat of violence to fund their own inefficient organizations, manipulate global markets, start and fund wars, and destabilize foreign governments.
And the people who continue to argue that the latter is a moral obligation are either retarded, or in on the scam.
I had the misfortune to listen to an interview with Rahm Emanuel wherein he was complaining that no one was held accountable for either the “wars of choice” in Iraq and Afghanistan or for the financial system blow-up in 2008. Thankfully the interviewer called out that HE HIMSELF was in the position to do the job of holding people accountable at the time. And. Did. Not. Do. So.
Like a politician he kept on talking right through the point, unscathed.
But to be clear, my meaning was to legally avoid as many taxes as possible. Obviously, you could just ignore the law, but as you point out, there are enforcement agents. I'm not willing to go to prison to pay no taxes. But I'm certainly willing to spread the idea that force and coercion are evil.
totally agree
Cook Islands are the best
I love bridged news accounts like these. So much stuff that I would miss if I didn't see mirrored content on nostr. Hope to see more like it!
