Comment Re:Tax planning and rich people (Score 1) 2115
Lol, that argument is moot, rich people will play games regardless, this is not any sort of incentive for them to 'start'. If you earn income anywhere in the world as a US citizen you are liable for income taxes. You are being unethical by pretending income is not earned by using shell corporations and holding corporations to limit your personal income on paper. The money is all tied up in the effort to avoid paying any income taxes on it, and that is where the problem lies in our tax system with all of the sheltering loopholes available.
Not that I like paying taxes any more than the next guy, but hiding millions upon millions of dollars of income from the tax man just to keep yourself from having to write a bigger number on a check to send to him (and not, as a result of the reduction in your overall worth, needing to work overtime for a year to afford it, at some point its just goddamn numbers and no real work that involves blood and sweat and energy).