Peter Lik

Started 3 months ago | Discussions thread
MyReality
MyReality Contributing Member • Posts: 798
Re: What Most Folks Miss...

"Speeding is the norm. Only a fraction of speeders get an infraction on any given day.
Tax cheating is the norm. Only a fraction of tax cheats get legal action levied against them.
Inside trades are as common as water is wet. Only a fraction get caught."

From what I have seen while driving, speeding is the norm.

I think tax cheating is not the norm, because there are gray areas in the tax code.  Exploiting a grey area or loop hole is not cheating.  Trumps accountants are experts at this in a big way.  The IRS catches most minor tax cheats and corrects their returns.  The major ones are prosecuted.

Insider trading is very minor in total, because most people do not have the knowledge of inside trades to exploit them.

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