Quote:
Originally Posted by XutvJet
I think this is such BS that rich people use this tax loophole to avoid paying all their taxes on their expensive cars. The justification being "..taxes are just too high on my hyper car". Basically the thought is, "I'm rich and I'm better than you thus the state I live in tax laws don't apply to me because I have the means to take advantage of the system through my legal team and a fake LLC".
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Is the bs that rich people use tax "loopholes" or that tax loopholes exist?
I'm certainly not buying a $203k car anytime soon, probably ever, but I'm sure my accountant uses plenty of LEGAL loopholes to save me money. At least I sure hope he does.
Are you telling me if your accountant or turbo tax or whatever you use tells you hey you can save $XXX by using this legal broke people tax loophole you are going to say nay nay I'm an upstanding citizen and wish to give the government all the money it would like to take from me? If you're answer is yes then you're a liar.