Comment on TurboTax maker Intuit spent millions in record lobbying blitz amid threats to tax prep industry
Dark_Arc@social.packetloss.gg 4 months agoLoopholes aren’t bad, they’re incentives for companies to do certain things rather than hard requirements for companies to do certain things.
It’s when it’s to such an extreme no or little tax is paid that there’s a problem.
bamboo@lemm.ee 4 months ago
Loopholes also get a bad name because many of them are carved out to target specific people, companies, and demographics in ways that aren’t helpful to society at large.