Breaking down the NY Times latest salvo on leak of Trump tax returns
Sep 28, 2020 ·
35m 56s
Michael outlines the difference between tax 'avoidance' and tax 'evasion.' A distinction without a difference? Well, not according to the IRS. The first maximizes available legal tax loopholes, the latter...
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Michael outlines the difference between tax 'avoidance' and tax 'evasion.' A distinction without a difference? Well, not according to the IRS. The first maximizes available legal tax loopholes, the latter was enough to bring down Al Capone and the Chicago crime syndicate in the early 1930s. Also explored, the viewpoint that the only legitimate form of taxation in United States are consumption taxes, such as gas and sales tax.
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