Tuesday, June 14, 2016

Bernie Sanders will raise taxes to pay for his proposals, mostly on the wealthy. Wouldn't they exploit tax loopholes to continue paying low rates?

Let me explain some basic reality from the perspective of a longtime tax lawyer:

If Bernie Sanders is elected, wealthy people will try to minimize their taxes. 

If Hillary Clinton is elected, wealthy people will try to minimize their taxes. 

If Donald Trump is elected, wealthy people will try to minimize their taxes. 

If Mickey Mouse, Harry Potter, Jon Snow, or Morgan Freeman is elected, wealthy people will try to minimize their taxes.  



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