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Originally Posted by Mikado
Kadath,
I'm sure you don't mind that he pays more taxes. But once again I'll agree to disagree and say that I don't see how you can expect me to pay more "because I can afford it". I also see a lot of talk about "loopholes" that allow the rich to pay lower taxes. These so called "loopholes" are written in the tax laws. It's perfectly legal to write off expenses when I own my own business. I just went from sole proprietor to a S-Corp also to help with my taxes. I don't see anything sneaky or underhanded about it. Unless there are other "loopholes" I'm unaware of.
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and no one's complaining about those "loopholes." those are more like tax incentives than loopholes anyways. but there's a lot of more underhanded ways of getting out of paying the full amount one could be taxed.