What are 10 ways ppl always cheat money?

If Taxes are raised on the Rich the Rich going to try to find ways to hide or cheat or to avoid higher Taxes t?

• If Taxes are raised on the Rich the Rich going to try to find ways to hide or cheat or to avoid higher Taxes they will try to find loopholes and Tax shelters and other ways to avoid high Taxes they will not keep their money/wealth inside their Businesses create Jobs and hire Workers to avoid higher Taxes they will try to get round the higher Taxes with loopholes don't you agree they will try to find ways to reduce their Tax Burden they will not reinvest/invest just to avoid higher Taxes because they have other ways to avoid higher Taxes ? One of the more notorious examples is the tax shelter. Because the sale of capital assets are taxed only when they are profitable, investors hid much of their income in these shelters. In the late 70s, when capital gains became much lower taxed than income, tens of thousands of useless or empty office spaces were opened up nationwide, designed to "lose" money. Many of these tax shelters were for esoteric assets like collectibles, freight cars and even llama breeding. Between 1979 and 1985, tax shelter "losses" jumped from about $10 billion to $160 billion a year. (1) Another role of tax shelters is to convert highly taxed income into low-taxed capital gains. This represents a pure revenue loss to the IRS, with neutral or even negative consequences to the economy. When the government artificially raises the profitability of an asset, especially through highly specific loopholes, then investors will start making sub-standard investments that the free market would otherwise refuse to make. http://www.huppi.com/kangaroo/L-capgainsspur.htm What Conservatives Won’t Tell You: Higher Taxes Equal Reinvestment And Jobs By Ray Medeiros What the conservatives do not know or don’t reveal is, higher taxes make businesses re-invest most of their profits into the corporation. This is one of the reasons President Clinton had a booming economy. He raised taxes on the wealthy. Rather than pay the higher tax rate by extracting profits for personal use and having it sit on the sidelines, they re-invested it, creating a chain reaction of jobs. What we are seeing today is lower taxes leading to owners extracting money rather than reinvesting it. The cash sits on the sidelines in bank accounts, or in their wallets. So let’s raise taxes, and “force” this idle cash back into businesses for reinvestment and create the jobs this country needs. http://www.politicususa.com/en/higher-taxes-jobs

• Answer:

  Well, when the present Treasury Secretary Geithner fails to pay his own taxes, and dems like John Heinz Kerry and others - doesn't bode well to the rest of the country that those in charge don't follow the rules everyone else is expected to follow.