r/Glasgow Tools

Title
Author	chrisredmond69
Comment	It's people with money who create the loopholes. Most wealth taxes are a tax on ignorance, they can hire the right accountant and not pay it at all. Capital Gains tax, inheritance tax, Corporation tax, they're all easily avoided, and designed to be avoidable.
Reddit Link	https://www.reddit.com/r/glasgow/comments/102cjzm/anyone_also_feel_like_theyll_never_be_aheadstable/j2xle5a/
Created	Wed 4th Jan 2023 5:37pm
Status	normal ()

It's people with money who create the loopholes.

Most wealth taxes are a tax on ignorance, they can hire the right accountant and not pay it at all. Capital Gains tax, inheritance tax, Corporation tax, they're all easily avoided, and designed to be avoidable.