Furthermore..........that there are lawyers who specialize in finding loopholes in the tax code..........Bill Gates hired one............but the IRS goes after single women with two kids.................does Bill Gates need to cheat on his taxes?  I won't give u my answer...............



Our laws............are rigged to favor the super rich.........not even the rich........but the super rich......did u know that there is an actual law that says that a Hollywood actor can get a 5 million dollar loan with no interest or time table as to when he or she has to pay it back?.............

“Perfectly Legal” by David Cay Johnston

A Pulitzer-winning New York Times reporter argues that the rich have ruthlessly rigged the tax system against the rest of us. Aren't you shocked?

FARHAD MANJOO

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TOPICS: TAXES, NONFICTION, BOOKS, ENTERTAINMENT NEWS

In 1913, the year the United States created the federal income tax, a small company near Chicago, CCH Inc., published a handy little volume documenting every tax regulation newly on the books. At 400 pages, the “Standard Federal Tax Reporter” wasn’t exactly a brisk read, but CCH’s publishing decision proved prescient. Federal taxes, it turned out, were an idea with permanence; the U.S. tax code, in all its future labyrinthine intricacies, would be a growth industry. In the 91 years since it was first published, CCH’s “Tax Reporter,” now the tax accountant’s Bible, has expanded nearly exponentially by the divine right of Congress; the 2003 volume outlining every tax rule in the land drones on for 45 times the length of the Good Book — almost 55,000 pages.

David Cay Johnston, the New York Times’ chief correspondent in the tax world, is fascinated and reviled by the people who live their lives in the thicket of regulations outlined in these 55,000 pages. Since the mid-1990s, when he took up his post, Johnston has been covering (or, better, uncovering) the mostly shameless, though often brilliant, antics of the leading experts in tax arcana — the nation’s elite accountants and lawyers who seek novel methods for their clients to avoid, if not evade, taxes. Now, in “Perfectly Legal,” his new book on taxes, Johnston paints a picture of a system that is, he writes, fundamentally “rigged to benefit the super rich.” For people wealthy enough to hire experts well versed in the thousands of pages of tax rules, life in America can be fabulous, Johnston writes. But the rest of us are “being duped into supplementing the incomes and extravagant lifestyles of the rich and powerful.”