“CNBC’s Jim Cramer has a message for Tim Cook critics: He’s right on taxes,” Fred Imbert reports for CNBC.
“‘One of the things I did take seriously when I was in law school was taxes,’ Cramer said Monday on Squawk on the Street,” Imbert reports.
The main thing you learn is that tax avoidance is everybody’s… duty. You’re supposed to try to avoid… There’s confusion between the words ‘avoid’ and ‘evade.’ ‘Avoid’ is patriotic because you’re allowed to figure out the code. ‘Evade’ [and] you go to jail. – Jim Cramer
Read more in the full article here.
MacDailyNews Take: Yup.
Tax avoidance is legal and, obviously, the U.S. corporate tax rate is way too high. — MacDailyNews, March 12, 2014
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