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Old 11-15-2010, 05:47 PM   #4
VladFal

Join Date
Oct 2005
Posts
510
Senior Member
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I'm not a tax expert, that's for sure, but Paul, how do the wealthy avoid paying taxes generally? Tax deductions and loopholes? Sheltered funds? Charitable donations? I don't know, but with a good tax attorney, don't you think it's possible?
A small buisines treats taxes like any expense and will try to minimize it. Not sure what your question is here though?

Less than wealthy people also avoid paying taxes all the time. In my State, Wisconsin, two adjacent counties have differing sales tax rates. Milwaukee 5.6% and Waukesha 5.1% the border between the two is pretty well populated. People in Milwaukee County will all the time shop at a buisiness just across the border in Waukesha to save several bucks in taxes on big ticket items. $5 here and $10 there does add up.

I made sure that I bought my car right before I moved back into Milwaukee County from Waukesha County so I could save $80 or $90 on my $17000 purchase. Yeah, I'm not wealthy, but why pay the extra tax.
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