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by throwaway07Ju19 2509 days ago
The tax law is written to incentivize desired behavior. We all benefit when you save for retirement so that you aren't a burden to society later.

But loopholes are different. If you discovered a loophole that made it so your landlord can not enforce rent collection, would you stop paying rent ? That's basically what these companies are doing.

2 comments

One's person loophole is another person's well-lobbied IRS rule.

Many, many people would believe it is just fine if they found a loophole that set their personal taxes to 0%. Even more would be fine with a loophole that reduced their taxes by 50%. Nearly everyone would be fine with loophole that reduced it by 5%.

There's only one way to handle this large moral gray area: pass laws and IRS rules to close the loopholes that experts deem excessive.

> If you discovered a loophole that made it so your landlord can not enforce rent collection, would you stop paying rent

I certainly would. Thats why you have to be clear with the law and enforcement.