Lesser taxes revenue, it’s irs or taxes office problem, but richer not paying taxes, it’s defect in regulation. Taxes scandals again was predicted since easy on regulation for investing, open the window to launder fortunes in safe haven countries. It’s all actually trap to catch taxes avoidance though they enjoy their money being grown but left traces in paper work.
The same also taxes payers who enjoy lesser paying by using unregulated income. How administrators knows if transactions are not registered in paper, like tipping that not in money value. Perhaps not much but it’s being used by giant companies for paying lesser.
Strategy in paying lesser by misusing this regulation is common, even press or public knows but administration couldn’t impose any penalties. Usually behind political bargains or old fashioned arrangement between taxes consultants and their clients. Like common business paying according to service.
Paying less
It’s common though behind closed doors, taxes payer could ask their consultants for paying less by arranging financial papers. Making lesser revenues to avoid paying normal taxes. It’s all can be calculated by increasing in spending on the name of expansion.
Like using revenue to buy more capital, or spending on employee vacations, it’s all can be arranged accordingly. As long is on paperwork mean official, the taxes office can’t do anything to judge as breaking the regulation. Even every year this stealing goes again, authorities can’t do anything to stop this practice.
However usually new tight regulation would follow to track down decreasing in taxes revenues. This counter also still left gap to another flaw, usually under protection from regulation itself. Taxes regulation also campaign to get interest on more taxes payers.
Taxes amnesty
Many concerns this policy just on rich sides, though taxes revenues could increase for sometime. On the next step, usually revenues will fall steadily. It’s just money laundering, a not paying taxes agreement, stamped by weak regulation.
Easily those fortunes turned to another capital without paying taxes. Again weak regulation to follow taxes amnesty still filled the gap. How could easily money move on the stamp of taxes amnesty, because no investigation will follow those kind of fortunes.
The power always on they who has the fortunes, making paying taxes just a burden not a reward. That’s why since beginning, taxes was a vote to decide rules. Otherwise why would rich give money for nothing.
