The point is not so much legality as morality
A 'loop hole' tax avoidance scheme means that a person or business has dodged paying tax that the government intended that they should pay, by using a tax rule for a purpose that it was not intended. Quite legal it is true, but still cheating. Legal cheating but cheating nonetheless.
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notoolsovernight you're all luvvly an' 'orrible, Sat 21 Feb 2015, 12:54,
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Oh for God's sake
Is it in the rules? Yes. Therefore it isn't cheating.
If the rules are wrong then maybe that's where the focus should be, but I don't see why anyone should have a moral obligation to pay more tax than what is due - be they in a position of public office or not.
Holy shit, I just defended Ed Milliband. I think I need a stiff drink.
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evil_andy Stick stick stick stick sticky sticky stick stick, Sat 21 Feb 2015, 14:28,
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Dawn Of The Bread $$$$ E-THUG 4 LIFE - THAT'S HOW I SCROLL $$$$, Sat 21 Feb 2015, 14:32,
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There's rules and there's flaws in a system.
Some of the dodges remind me a bit of hacking. Any system with that much beurocracy is going to have a lot of unintended exploits.
People are employed to find loopholes in a system, and then time and money have to be spent fixing those loopholes.
The tax system is like shit code.
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monkeon schmonkeon, Sat 21 Feb 2015, 15:05,
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