Quote:
Originally Posted by Homeslice
OF COURSE using loopholes and aggressive deductions is legal......unless you fake your reasons for using them. For example, someone who claims to use their vehicle for business purposes but really doesn't is abusing them.
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And if the tax advisors to these rich people were doing their job they would recommend against using loopholes where the rich person must lie to justify its use. I believe this unit will have less success than they anticipate.