Quote:
Originally Posted by Riot
What's the offense?
Is it just being rich enough to own a yacht? I dunno about you guys, but I admire capitalism and people who make money. And if someone has made enough money to purchase a yacht, if that's what they want, more power to them! Congrats!
Is the offense of legally not paying taxes? I put all the income I can into tax-deferred and non-taxable investment vehicles. To legally avoid paying taxes. I have never bought a car from a guy on Craig's List, so I don't know if I'd declare and pay that state sales tax, or not.
Or is it being both rich and avoiding paying taxes? 'Cause if it's the latter, then that brings us right back to the Bush tax cuts, especially for the wealthiest Americans, including the estate tax, which right now happens to be zero (a good thing that I think should be made permanent, BTW)
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actually, the buyer was his wife, the widow of mr. heinz of heinz ketchup fame. at any rate, i would rather he fight for his state to have tax laws that make sense, rather than have a law that many follow but many do their best to avoid. if the tax law was one that made sense, he wouldn't have to dock in rhode island, thereby giving a sense of impropriety. and he's not deferring taxes, he's just not paying the sales tax at all in this instance. on a new purchase, not a used purchase on which taxes were paid when said used vehicle was new. there have been cases here in arkansas of people purchasing RV's and tagging them in another state, to avoid paying the one time sales tax to arkansas. they were taken to court and found guilty of tax evasion, as it was shown their home of residence was in fact arkansas, which meant they were engaging in tax evasion. i'd say this is an instance of that. i'd say if this were a republican engaging in this behavior, that you'd be all over it.