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Re: Robert C Jonson post# 117215

Tuesday, 03/29/2011 6:17:04 PM

Tuesday, March 29, 2011 6:17:04 PM

Post# of 257262
OT:

>how are corporations different from individuals in this regard?<

Ethically no different if they use the same loopholes with the explicit purpose of shielding income and/or receiving undue breaks*. I only used corporations as the example because that is what Imclonian started with.

But I suspect that for the majority of chumps like me, Turbo Tax doesn't offer the "Hide your income in a low tax municipality by upgrading to Turbo Tax Platinum" option just yet.



*The tax breaks people got years ago for buying Hummers was one of those ridiculous cases of individuals rummaging around for undeserved tax benefits.

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