Forum Discussion
docj
Oct 14, 2014Explorer
Effy wrote:
I feel a sense of obligation to pay the taxes in the state in which I live. Not to mention I am legally bound to do so. I might consider it if I were full time as it makes perfect sense to register in the state with the most advantages.
I don't think anyone here is advocating not paying all the legally required taxes to the state you live in. But I, for one, am not eager to pay any more taxes than I am required to. If there are legal mechanisms for reducing the amount of taxes I have to pay, then I will use them and see no reason not to.
Let's not be naive, rich people and corporations use every possible loophole that they can to reduce their taxes. They would be foolish not to and a corporation's shareholders would be upset if they didn't. That's exactly why some corporations are transferring their headquarters overseas; if the law permits it then they would be remiss for not taking advantage of it. If reducing taxes through legal means upsets you then urge your legislators to change the law.
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