Quote:
Originally Posted by Matata
The Panama papers made it pretty clear everyone with lots of money is trying to hide it from the taxman.
Here's a mental exercise for you.
You earn $10B dollars. But you can get away with claiming $7B on taxes and hide $3B in offshore accounts, allowing you to avoid ~$1B in taxes. Do you
A. Keep the $1B you earned for yourself. Theres no punishment even if you get caught.
B. Give it to the government.
What percent of people do you think pick B over A? Can you really believe Gates will be one of those people, if so, I'd love to hear your reasoning, or are you just interested in arguing semantics based on an extremely unlikely scenario?
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Meaningless hypothetical dichotomies don't really meet your burden of proof in claiming that Bill Gates is illegally hiding money in offshore accounts. There are also legitimate reasons that people and organizations do use offshore accounts, the publishers of the Panama Papers even state that.
But hey, you do you, if you keep it up I'm sure Rio Tinto's stock price should start improving soon enough.