Chuck Feeney Quotes

We can’t write a tax law that their lawyers can’t get around.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

There's always another loophole to get out of the tax code.

You can close [tax] loopholes, but people will always find new ones.

The avoidance of tax may be lawful, but it is not yet a virtue.

When, as an individual, you are not paying taxes, it is evasion. As a corporate, it is legal shrewdness or tax engineering.

I don't blame anybody for using the tax code to their advantage.

One in four corporations doesn't pay any taxes.

Yes, the rich will find ways to avoid paying more taxes, courtesy of clever accountants and tax attorneys. But this has always been the case, regardless of where the tax rate is set.

'Simplifying' the tax code is a priority mainly for people who make enough money to want to avoid paying taxes, and who make their money by means unorthodox enough to make avoiding taxes possible and desirable.

That’s why the tax code is so long [76,000 pages]. So we can take advantage of it.

Over and over again courts have said that there is nothing sinister in so arranging one's affairs so as to make taxes as low as possible. Everybody does so, rich or poor, and do right, for nobody owes any public duty to pay more taxes than the law demands. Taxes are enforced exactions, not voluntary contributions.

They rich hire lawyers and accountants for a reason when it comes to taxes. That is to slip the bill and stick you with it.

I did not use a Cayman Island entity to avoid paying taxes for myself.

The money is with people who have taken advantage of every single break in the tax code.

Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations.

Technology giants have taken advantage of tax codes written for an industrial age.

That's why so many stars are making pictures in Europe today. The tax guys are making thieves out of everybody.

If a lobbyist sets up shop, or a lawyer, in which they're receiving income through what is something like a tax loophole so that it's not counting as corporate income, that is what this is counting as a small business.

It's really American to avoid paying taxes, legally.

Politicians and economists figure out an elaborate system of tax and economic incentives and then every body else figures out a way to beat it

Whenever you find a tax loophole, someone else is going to call it a tax incentive.

The really rich people figure out how to dodge taxes anyway.

I am not evading tax in any way, shape or form. Now of course I am minimizing my tax and if anybody in this country doesn't minimize their tax they want their heads read because as a government I can tell you you're not spending it that well that we should be donating extra.

Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes.