Most of us have not heard about Master Limited Partnerships. These special financing arrangements allow oil and gas investors to avoid paying certain corporate income taxes, but are not available to clean energy businesses.
By allowing super wealthy corporations and individuals to avoid paying their fair share of tax, tax havens are denying governments' revenue that could and should be spent on schools, healthcare, and other essential services.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Textbooks don't teach people how to avoid paying any income tax. But that's what an army of tax lawyers and corporate tax accountants do.
Only criminals and adulterers should have to hide who they are.
Any of the social changes in American history are because people thought there was injustice. We have to show that this corporate welfare and cronyism is unjust - and that it's not only rigging the system so people get wealthy who don't deserve to get wealthy.
On New Year's Day 2008 I had two bailiffs turn up on my doorstep and because I had so little income I had not been paying bills, and I respect the concept of paying bills, I'm very much in favour of it, I just couldn't quite get it together.
I always like to refer managers in corporate America as the renters of the corporate assets, not the owners.
At one point, I had over 800 employees, and I always paid all health care for my people - including a man who was my assistant who got HIV. I wound up paying his medical bills, which went into the hundreds of thousands. I'm not making myself out to be a saint. I did the right thing.
I think people forget that when people lose Medicaid coverage, they still show up at the hospital when they have a chronic illness or a traumatic impact on their health. And those bills are paid by the hospital who then passes those costs on. They do not have a magic fairy paying the bills for people who show up without insurance. Those bills are passed on to all the people in our country that do have insurance. That's why this bill is not going to break the cycle of higher premiums - because we're going to have fewer people insured.
No one should have to choose between caring for their family when they need it most, and paying their bills.
People aren't just paying more to fill their gas tanks or when they pay for their heating bills for their home; they are paying more at the grocery store, on air travel and for many other daily expenses.
We are good citizens, and we cannot protect ourselves because you allow the criminals to run wild. ... I'd like you to come and live in the inner city for a week and see the importance of having a weapon. ... Go after the criminals and not the good people.
Writing isn't manual labor. Nor is it emptying the dishwasher or paying bills. It's work, sure, but sometimes it should be fun.
One should never allow chaos to develop in order to avoid going to war, because one does not avoid a war but instead puts it off to his disadvantage
[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. ...the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013