Stephen Evans (BBC): America's rich rise against tax

[Jack Rabbit]

Also posted in editorials.

From the BBC Online
Dated Friday April 15

America's rich rise against tax
By Stephen Evans
BBC North America business correspondent

Only taxes and death are certain - except for taxes, that is.

It won't seem that way to the millions of Americans who file their tax returns by the deadline on Friday, but there is a mountain of evidence that tax avoidance (the legal variety) and even tax evasion (the illegal variety) are growth industries.

Accountants in the field have even come up with the term "tax avoision" to describe the grey areas in between. It was Leona Helmsley who said famously that "only the little people pay taxes".

You might forgive her cynicism. The assertion was over-stated but not completely wide of the mark.

Read more.

The Republicans have codified the Leona Helmsley tax theory.