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Reading: tax avoidance as an exploit | www.theguardian.com

From tax avoidance as an exploit | www.theguardian.com

> The billionaires don’t just exploit the loopholes. They also make them through pushing for ever-expanding exemptions from the tax burden they would otherwise pay. In Trump’s case, it is true in the most literal sense that he made the rules he benefits from. Trump’s major legislative initiative was a whole new tax cut tilted toward giving wealthy people like himself even more favorable treatment. It’s one thing to pay only your legal minimum but understand that the system is unfair. It’s quite another to be actively trying to make that system more grotesquely unequal.