Submitted by ScrollinMyLifeAway t3_11au3xn in LifeProTips
The_Common_God t1_j9vjmm9 wrote
Reply to comment by FuturePerformance in LPT Request: how can I avoid capital gains tax (20%) on land sold (<$500,000)? by ScrollinMyLifeAway
>Paying more than you owe
You do know he asked how to avoid paying the tax not how to minimize the tax he pays
KrabbyMccrab t1_j9vumzm wrote
If you are getting shot at, avoiding bullets is the same thing as minimizing getting shot.
There's plenty of better rebuttals than the semantic one.
The_Common_God t1_j9w3nqt wrote
Okay but you're not legally obligated to get shot at by the government for the sake of public amenities and services lmao. Not arguing semantics, I'm arguing intent.
There's plenty of better analogies than that.
KrabbyMccrab t1_j9w7osy wrote
There you go. Civic responsibility is a much stronger point than pinning him for using avoiding vs minimizing.
FuturePerformance t1_j9vl97t wrote
Avoiding tax legally is the same thing as minimizing taxes.. paying taxes that you can legally avoid is paying more than you owe.. I feel like you're splitting hairs here
DarkC0ntingency t1_j9vls5m wrote
You remind me of every person in marketing I hate
The_Common_God t1_j9w3cax wrote
Avoid and minimize are 2 different words that have 2 different contexts in this scenario. If anything I'm not splitting hairs so much as you're believing that the toupee is made out of one big piece of hair.
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