oddly enough,long as i keep myself out of jail and not homeless i am successful. this requires work. it is on you to decide to keep at it or not. just saying that your blanket doesnt keep me warm
Its technically tax avoidance, technically different from evasion as with avoidance you apply legal strategies to not pay as much taxes, whereas with tax evasion you use the illegal methods to not pay taxes.
All of your local business people either are or have just not paid taxes on income. If it’s a cash business or they accept cash, there’s a high likelihood that they just put that in their pocket.
Conclusion: succes comes from defying the laws of physics.
Right panel could do better.
Tax evasion, loopholes, offshore accounts, tax breaks, are all terms that belong as “steps.” Also, stepping on the person holding the “work” steps up should be part of it. Successful people almost all earn money on other’s work at some level. That’s how wealth and employment work.
Just want to reiterate that the IRS get their marching orders from the party in charge which is why they targeted rich people under Biden: The IRS has recovered $1.3 billion from rich American tax dodgers since the fall of 2023 — relieving a painful burden from ‘ordinary citizens’
FWIW the US federal budget for 2024 is going to be about $6.8 trillion dollars. So that $1.3 billion is about 0.019% of the total budget. I’d call that a slap on the wrist for the billionaire class except that you can actually feel a slap on the wrist.
That’s entirely the wrong denominator for this comparison. IRS doesn’t write the budget nor do they write tax law, they just collect.
Fine, revenues are $4.9 trillion. My point is that $1.9 billion is literally a drop in the bucket - hardly an example of the IRS “going after rich people”.
