The debate on taxes and ballots

The Gold Standard

Well, the good news is that I did not listen to it. I do not like to listen to shouting matches. I grabbed snatches of it. If there was no substance to allegations surrounding Trump’s taxes, he should release his tax records.

Even if he took advantage of tax laws and paid very little, from his firm, that should be fine because Biden is backed by companies that have perfected tax dodging into an art form:

Back in the good old days, there was a common tax avoidance technique called thedouble Irish. The key was to create two Irish companies—one that was a tax resident of Ireland (and paid Ireland’s 12.5 percent corporate tax rate) and one that was legally an Irish company but from the point of view of the Irish tax authorities not an Irish company. Google’s second leg was a tax resident of Bermuda. Facebook’s…

View original post 1,172 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: