A very rich person told me he ignores the tax laws but follows court decisions only. I think he started a foundation for the benefit of left-handed flying squirrels and got matching grants from the government. He knows a lot of politicians.
I’ve been told that tax revenues would increase greatly just by going to a 10% flat rate with no loopholes. The Bill Gates of the country would more than enough to make up for less tax from the rest of us.
CalLadyQED about 3 years ago
No kidding! Watch out for who makes $$ from how complicated taxes are
Zykoic about 3 years ago
A very rich person told me he ignores the tax laws but follows court decisions only. I think he started a foundation for the benefit of left-handed flying squirrels and got matching grants from the government. He knows a lot of politicians.
uniquename about 3 years ago
Calculating taxable income will never be simple.
mistercatworks about 3 years ago
The complications are to allow the government to stimulate spending in areas of special interest, like children. :)
Bill The Nuke about 3 years ago
I’ve been told that tax revenues would increase greatly just by going to a 10% flat rate with no loopholes. The Bill Gates of the country would more than enough to make up for less tax from the rest of us.
Gandalf about 3 years ago
That would be great news!