Montana LLC
Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks.
Forum Discussion
So many get all wrapped up into the fact that it is legal, because many states are just catching up to the loop hole, not seen. Fine. OK. So it is legal to avoid taxes and a Montana LLC may be a mechanism to do that. And many promote not paying one more penny in taxes than necessary. Got it. Now look at yourself as a part of a community.
Now there is another side of that penny. It is called tax burden redistribution. Communities, city, county, state and fed, all rely on taxes as income to support community needs/projects. What is that balance and how big the government is. I for one like small government but even with small government, we rely on the governoing agencies to maintain our community assets, like parks and roads. Now let's also assume that everyone buys everything through a Montana LLC (why should it be limited to RV. Seems that local storeds would be out of business and the roads would not get repaired. Yeah. I know that that is over kill for this scenario.
I'll get back on target. Where does the state get revenue it lost through this Montana LLC that was set up solely for the purpose of avoiding that tax. Why they up MY property or sales tax and in some states income tax. That means that the $12000 (more or less) sales tax burden that you avoided gets passed to all. Seems fair to me. I don't mind paying for what you avoided.
Now, those that look down on those that report possible "tax avoiders" might think that turning you in is fair. After all, you started it by avoidng your taxes, though legally, and passing on a tax increase to us.
I suggest that, like others have stated, if you do not like your tax structure, find a different place to live. Maybe an island unto yourself so you won't have a governing body and communal needs.
In economics, there is more than the tax the was not paid. There is how the government needs to get the needed funds.
Just because you can, does not mean you should.
Now there is another side of that penny. It is called tax burden redistribution. Communities, city, county, state and fed, all rely on taxes as income to support community needs/projects. What is that balance and how big the government is. I for one like small government but even with small government, we rely on the governoing agencies to maintain our community assets, like parks and roads. Now let's also assume that everyone buys everything through a Montana LLC (why should it be limited to RV. Seems that local storeds would be out of business and the roads would not get repaired. Yeah. I know that that is over kill for this scenario.
I'll get back on target. Where does the state get revenue it lost through this Montana LLC that was set up solely for the purpose of avoiding that tax. Why they up MY property or sales tax and in some states income tax. That means that the $12000 (more or less) sales tax burden that you avoided gets passed to all. Seems fair to me. I don't mind paying for what you avoided.
Now, those that look down on those that report possible "tax avoiders" might think that turning you in is fair. After all, you started it by avoidng your taxes, though legally, and passing on a tax increase to us.
I suggest that, like others have stated, if you do not like your tax structure, find a different place to live. Maybe an island unto yourself so you won't have a governing body and communal needs.
In economics, there is more than the tax the was not paid. There is how the government needs to get the needed funds.
Just because you can, does not mean you should.
