(Tax Avoidance != Tax Evasion)

http://tinyurl.com/55hn3h

When I was just a lud, I oft heard elders insist upon the difference between tax avoidance and tax evasion. The simple distinction was made, obviously in defense of tax mitigation measures and went simply as:

"Tax Evasion is illegal, Tax Avoidance is smart, legal tax management."

This simple observation became my adopted understanding of the matter. After all, in those days, one would respect the wisdom of one's elders.

So who shares my impression that the terms are being deliberately smudged together in an effort to get rid of the destinction and tarnish 'Avoidance' with Evasion's brush?

Furthermore, who shares my even wilder hallucination that the masses, baying like sheep, are falling for it?

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