Re: Tax cuts for the rich
Posted: Sun Aug 26, 2007 6:29 pm
keithphillips wrote:
> Corporate tax avoidance is a much bigger problem,
> involving millions of pounds as opposed to a few thousand
> pounds.
And not just corporation tax avoidance. There's income tax avoidance.
There is only a subtle difference between tax avoidance and tax evasion. The rich can afford to employ skillful lawyers who will argue that their clients were not evading tax only avoiding it. Then they will pay skillful accountants to do the avoiding.
> Corporate tax avoidance is a much bigger problem,
> involving millions of pounds as opposed to a few thousand
> pounds.
And not just corporation tax avoidance. There's income tax avoidance.
There is only a subtle difference between tax avoidance and tax evasion. The rich can afford to employ skillful lawyers who will argue that their clients were not evading tax only avoiding it. Then they will pay skillful accountants to do the avoiding.