Tax Loopholes Don't Exist

[mindofmush]

Any whiner (ie, Chicago Tribune, Shumer, Feinstein, et al) that accuses someone of taking advantage of a TAX LOOPHOLE (even though that someone obeyed the law and followed the established rules) is simply making up sh_t because they're frustrated that that someone refuses to accept the punishment the whiner is trying to inflict upon them.

Since a LOOPHOLE is not illegal, the use of the so called LOOPHOLE is legal and right; therefore any wrongness only exists in the imagination of the accusers and not the real world.

[evilanne]

There are going to be a new set of whiners under the revised tax laws as some of the loop holes/deductions are closed or reduced.

[crawfoo]

Welcome to the TSP center. Where we discuss all things related to the tsp.

[ArrieS]

Any whiner (ie, Chicago Tribune, Shumer, Feinstein, et al) that accuses someone of taking advantage of a TAX LOOPHOLE (even though that someone obeyed the law and followed the established rules) is simply making up sh_t because they're frustrated that that someone refuses to accept the punishment the whiner is trying to inflict upon them.

Since a LOOPHOLE is not illegal, the use of the so called LOOPHOLE is legal and right; therefore any wrongness only exists in the imagination of the accusers and not the real world.

So who accused you of taking advantage of a loophole? I feel this is more personal than a general rant.

[ArrieS]

Any whiner (ie, Chicago Tribune, Shumer, Feinstein, et al) that accuses someone of taking advantage of a TAX LOOPHOLE (even though that someone obeyed the law and followed the established rules) is simply making up sh_t because they're frustrated that that someone refuses to accept the punishment the whiner is trying to inflict upon them.

Since a LOOPHOLE is not illegal, the use of the so called LOOPHOLE is legal and right; therefore any wrongness only exists in the imagination of the accusers and not the real world.

Just because something is legal doesn't make it right.

Where do you fall on the Affordable Healthcare Act? That was legal, did you feel it was right?

[Carmen909]

I'm not going down this rabbit hole other than to say: just because it is legal, doesn't make it right.

[mindofmush]

There are going to be a new set of whiners under the revised tax laws as some of the loop holes/deductions are closed or reduced.

The Feinstein whiner has stated many times that the Trump tax laws are unfair and wrong and that she wants to change them back.

When tax time rolls around again, will you file your taxes using the new LEGAL tax code and take advantage of it's "loop holes/deductions" OR will you do what is "right" and overpay your taxes?

"Loop holes" are imaginary and the people who use the term want to punish the ones following the rules for being smarter than them. Yep, anybody who reads the tax code and follows it's rules is taking advantage of all those "loop holes/deductions" that our lawmakers put in there; and "just because that's legal, it doesn't make it right".

Not following the rules is illegal and therefore wrong but following the rules is legal but also wrong. Right?

[ArrieS]

When tax time rolls around again, will you file your taxes using the new LEGAL tax code and take advantage of it's "loop holes/deductions" OR will you do what is "right" and overpay your taxes?

After 2025, all individual tax cuts are set to expire. At the same time, corporate rate cuts are made permanent under the bill.

So after 2025 when your tax bill goes back up you'll still be cool with it?

What's your argument with Feinstein anyways? Technically she's talking about changing the tax law legally. Your argument doesn't make sense because you are equating legality with morality. Which means if Democrats take over you can't complain if they raise taxes either because it was done legally, therefore, making it moral.

So really, you have no complaint if taxes are raised or lowered because it's all legal/moral. Which means you don't have any reason to complain about someone "whining" about "loopholes" or anything as long as changes to the tax law are legal.

You've undermined your own argument.

[mindofmush]

I did not equate legality with morality; you did. I simply pointed out the absurdity of your "morality" that following the rules is wrong, that following the law is not right, that doing what is legal is not right. Therefore, your "morality" is that the law is wrong and breaking the law is right.

[ArrieS]

I did not equate legality with morality; you did.

Shall we examine your earlier statements?

Since a LOOPHOLE is not illegal, the use of the so called LOOPHOLE is legal and right.

You said legal AND right. Clearly asserting there are two points, legal and right.

So, I will provide you with the definition of right in the context used by you.

right
rīt/Submit
adjective
1.
morally good, justified, or acceptable.
noun
1.
that which is morally correct, just, or honorable.