View Single Post
Old 11-04-2011, 01:31 PM   #539
The Yen Man
Franchise Player
 
The Yen Man's Avatar
 
Join Date: Feb 2006
Location: Calgary
Exp:
Default

Quote:
Originally Posted by valo403 View Post
These companies are paying precisely what they are obligated to pay, they aren't getting away with anything, unless of course your argument is that the IRS isn't auditing these companies. There are many ways to operate a company so a to reduce your tax burden, just as individuals can reduce their tax burden, there's nothing wrong with the fact that these companies have utilized those available options. That you can't comprehend these options is your issue.
As my old boss woud say "tax evasion is illegal, tax avoidance is our right".

And I absolutely agree. If there is some sort of loophole where one can legally save on taxes, as a manager of a private business, it is your job to exploit it. Your mandate is to maximize company profits. It is up to the government to close any loopholes it finds.
The Yen Man is offline   Reply With Quote
The Following User Says Thank You to The Yen Man For This Useful Post: