AVOIDING vs. EVADING

I often hear liberals  complaining about wealthy people or businesses not paying their fair share of taxes. Often, loopholes in the tax codes are blamed. Those who complain seem to believe there is something unethical about anyone availing themselves of these loopholes in order to reduce their tax burden. The fact is, this is the financially smart and responsible thing to do.

Tax evasion is completely different and is a crime. This when someone knowingly falsifies data to avoid paying taxes which are legally owed. (You will note the word “avoid”

Tax avoidance is legal. Tax evasion is illegal.

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