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DragoonXNucleon t1_j2dqdpi wrote

Reply to comment by JesterSooner in [OC] Apple’s cash flow statement visualized by giteam

Sure, its logical to not pay taxes, except its part of an increasingly common tax avoidance scheme.

Earn all money via stocks. Take out loans against those stocks. Never pay the loan back. Repeat the process and those that are uber rich never pay any taxes but have near infinite spending money.

So the rest of us give up 30% of our income and yet those who benefit from these buybacks pay 0.

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JesterSooner t1_j2ef52s wrote

What bank anywhere in the world is giving out loans that don’t get paid back?

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