Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (70911)	11/1/2014 11:48:54 PM
From: greatplains_guy	Read Replies (1) \| Respond to of 71588

The leftist dogma is anti corporate. They seize every opportunity to criticize corporations. Tax arrangements are simply low hanging fruit for them. I have been advised by multiple successful businesspersons to never invest to take advantage of tax advantages. They told me (and others who would listen) to make sound investing decisions. Then they advised to take advantage of tax loopholes that happen to coincide with good investment decisions. I agree with you that taking advantage of tax loopholes is good business, but believe that arranging one's affairs simply to get tax breaks is most often unwise. Remember that loopholes and preferences can be taken away as easily as they are created. Politicians are capricious. Judge Hand is correct. I would say that paying taxes owed is one's patriotic duty. Tax evasion is illegal and can land one in jail. Tax avoidance is every American's right and is also patriotic. Hypocrisy about tax avoidance is simply hypocrisy. Many leftists (like the Pelosi beast) practice tax avoidance and then target others for doing the same thing.