Thread: Economics This is the type of tax evasion/avoidance, that needs to be stopped.
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Old 02-21-2013, 01:01 AM   #38
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Quote:
Originally Posted by Direckshun View Post
Please state your position on the loophole in the OP. Do you believe it should be stopped, or not?

My understanding of your position: it should not be stopped under our current tax system, but under your preferred tax system (a FAIR tax type arrangement), it would be stopped.
Nope. I don't believe that it should be stopped under our current tax system.

I favor a consumption tax as opposed to an income tax, although I understand that a consumption/income mix might be more effective. Either as a transitional stage or a final compromise.
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