SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 189.91+2.6%Jan 13 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerome who wrote (1704)7/17/2014 11:50:11 AM
From: PJr2 Recommendations

Recommended By
Jerome
Kirk ©

  Read Replies (1) of 27026
 
I don't know enough about the limitations of sheltered money for corporations or individuals but it's apparent that there are both limitations and advantages or circumstances wouldn't exist for us to even have this civil exchange. Clearly the advantages outweigh the limitations in those instances where people or corporations choose to shelter their money.

I think that we can both agree that wealthy individuals and large corporations have researched their tax avoidance strategies carefully, weighed the advantages vs. disadvantages, and have made decisions that have the most beneficial financial consequences for their interests. As you were correct to point out, these are smart individuals who wouldn't be where they are if they made poor financial decisions in these matters.

On a smaller scale, that's why individuals like you and I might take our taxes to an accountant rather than do them ourselves. A tax expert might be aware of more tricks to minimize our tax burden. After all, we don't want to pay more taxes than we have to either. At least we have something in common with rich people AND corporations! When you think about it that way, it's hard to imagine why more companies don't leave the US in favor of more welcoming corporate tax policy found elsewhere in the world.

Pat
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News