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by Locke1689 6147 days ago
To be sure, this happens, but I'm not sure I'd accuse him of living in a dreamworld...

For one, he's not saying you can't go through hoops to avoid paying taxes, he's saying don't do it. Of course, if we wanted to we could legislate to prevent this exploitation of tax law, although I'm not sure how far that would get without a considerable social realignment.

1 comments

Wasn't trying to completely dismiss Cuban on this. I simply do not see enough wealthy not using loophole that are available to them. This is why I say he's living in a dreamworld. Your right, to fix this, you have to legislate out all the loopholes. And this would take considerable social alignment.