Somewhat interesting post, but too much of a "straw man" argument.<quoted text>
Here's something I'd like to ask you.
Since you and others say that because income tax loopholes exist and are legal that you should take advantage of them. Not just some of them, but all of the tax breaks that are available.(Heck, that's the American way, you'd say - it's legal, after all.)
OK, so what if all the people out there who are actually eligible for welfare, food stamps, etc. were to think like you do. I mean, heck, it's legal to get food stamps if your income is below a certain threshold, so why not.. Welfare? Heck Yeah.
Yet, I know numerous people - myself included at this unfortunate turn of events in my life - who DO NOT choose to go on welfare. We do not choose to accept food stamps. Why? Because we have ethics and morality. We know that welfare and food stamps are for those who are truly in need. Yet, the government says it's legal for us to have that assistance.
So why is that all of the rich people out there will take ANY deduction they can, acting as if it's a virtual civic duty to milk the system?(hey, it's legal, you say) Is it moral or ethical to do these things? Legal, maybe, but ethical?
"Since you and others say that because income tax loopholes exist and are legal that you should take advantage of them. Not just some of them, but all of the tax breaks that are available."
Why would someone pay any more in taxes than they're legally required to pay? Are you faulting someone for not paying more than required? Do you pay more than required at the grocery store? A restaurant? On YOUR taxes?
BTW, can you explain the difference between a loophole and a tax deduction?