BINGO. The richer you are, the more Happy Dumbo Easter Egg Happy Easter Shirt loopholes for taxes open up to you. It’s how you get situations like the 1 year of tax returns that leaked of Trump’s where it shows him having paid zero in taxes that year, and when pressed on it he simply said “It’s because I’m smart”. I mean no, you can afford expensive, smart accountants, but yes, you paid zero taxes whilst shitting on a literal gold toilet on 5th ave because someone was smart enough to shift your money around in all the right ways. Mr and MS Joe Schmo on food stamps aren’t committing that level of tax evasion, and fuck, even if they HAD evaded a few years of taxes
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Tax evasion is Happy Dumbo Easter Egg Happy Easter Shirt illegal and the IRS doesn’t mess around with it. Tax avoidance is legal (ie, allowable) strategies to reduce your immediate tax burden like contributing to a 401k, writing off donations, student loan interest, etc. I’m not sure what “loopholes,” you think exist. That’s because you don’t understand taxes. Most of the people who don’t pay taxes don’t pay them because they live below the poverty line. Nothing comfortable about that. The only people living comfortably not paying taxes are rich people abusing loopholes which makes up a fraction of a percent of the population.
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