Quote:
Originally Posted by Ooloo
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They employ many tax consultants because you have to do that when you're extremely wealthy. You're a ripe target, and it's not like the tax consultants are performing some kind of magic trick. Everything they're doing is legal, and yet *still* the rich contribute far more net tax revenue than anyone else. "Just pay fucken tax?" THEY DO, what are you talking about? They just aren't paying as much as your dictatorial decree would ask.
I agree amazon could pay better wages, but that's really not up to anyone but Bezos. He could close up shop right now and live out his life as a filthy rich bond villain, but instead he's employing hundreds of thousands of people. If entry level amazon jobs paid 40 bucks an hour, nobody would work anywhere else. If an amazon grunt wants a better job, there is a vast marketplace available. That's called the real world, and real life. It's not utopian, but nothing ever will be.
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Yeah I mean first off anyone who uses an accountant...what is that accountant doing when they do your taxes? They are ensuring you pay as little tax as possible. So if you're using an accountant at all, it's a bit of a hypocrisy to criticize someone just because based on their different streams of income their accountants are able to find additional ways to reduce taxes.
What people also don't realize about a wealthy person's taxes is they are very complex. It's not like you can just go online on TurboTax and file the taxes yourself. You have tons of different streams of revenue, all potentially subject to different complex tax laws/rules, and if you own a company then that company also has the same situation. You literally need a huge number of tax advisors and accountants. And in all likelihood, a lot of the stuff those people are doing isn't even discussed with the tax payer; usually those types of advisors and accountants will, again, do what they can to ensure you pay as little tax as possible (legally). They aren't going to someone like Jeff Bezos with every little thing they do to reduce the taxes; they might summarize it later but often in real time they will just make the decision for you.