Nothing Unpatriotic About Taking Advantage Of Tax Code Loopholes
The cover story of the July 2014 issue of Fortune Magazine is titled “Positively Un-American: Bigtime Companies Moving Their Headquarters Overseas To Dodge Billions In Taxes”.
Technically, if this is taking advantage of a loophole or provision of of the legal code, is it really un-American?
To many of this perspective, the issue is not so much about exhibiting a love of country as it is about statists wanting to bleed victims dry financially like a vampire with a tapeworm.
For example, golfer Phil Mickelson was about condemned for treason for hinting that he was considering a move from California to Florida in part for tax reasons.
And mind you, that geographic change would have been within the boundaries of the United States.
In a constitutional republic, it is not the business of the centralized authorities as to why an individual decides to move within the system to localities more in accord with that individual’s philosophical vision.
Would these same leftwing centralizers have been outraged if Mickelson announced if he was moving from a jurisdiction opposed to gay marriage to one more accepting of that particular lifestyle arrangement?
Multiculturalists and tolerancemongers enjoy nothing more than to look down their noses and snap how out of sync what the United States is doing from that of the rest of the world.
Interesting how one seldom hears of the benefits that might result should America decide to lower tax rates on both individuals and corporations alike.
By Frederick Meekins