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combat billionaire tax abstention

English translation: try to stop billionaires avoiding tax

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase: combat billionaire tax abstention
Selected answer:try to stop billionaires avoiding tax
Entered by: adel almergawy

20:07 Apr 24, 2020
English language (monolingual) [Non-PRO]
Bus/Financial - Accounting
English term or phrase: combat billionaire tax abstention
how to combat billionaire tax abstention
is it even possible for governments to compel billionaires to pay their fair share of taxes, even if they wanted to?”
most billionaires (and other people) comply with tax laws. There should be more transparency so it is clear who [owes] what and how loopholes are reducing tax collection. Countries need to work with each other on this.
adel almergawy
Egypt
Local time: 09:22
try to stop billionaires avoiding tax
Explanation:
I don't feel any of the previous answers is quite right.

As Lydia points out, this is not about tax evasion, which is illegal. It's about avoidance, which is legal but, many would argue, immoral. For example, Amazon paid only 1.2 percent in federal income tax last year.

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Note added at 1 hr (2020-04-24 22:04:26 GMT)
--------------------------------------------------

"Abstention" is an odd choice of word, and "tax abstention" gets very few hits. I don't know whether it's a mistake, or perhaps irony - "I think I'm going to abstain from paying taxes this year".
Selected response from:

philgoddard
United States
Grading comment
First validated answer (validated by peer agreement)
4 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
4 +3try to stop billionaires avoiding tax
philgoddard
5 +1combat tax evasion by billionaires
Becca Resnik
5fight against billionaire escaping tax payment
Ali Sharifi
4Fight billionaire's tax evasion
Danilo Ribeiro


Discussion entries: 2





  

Answers


4 mins   confidence: Answerer confidence 5/5
fight against billionaire escaping tax payment


Explanation:
fight against billionaire escaping tax payment

Ali Sharifi
United States
Local time: 03:22
Native speaker of: Native in Persian (Farsi)Persian (Farsi)

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: "Escape" is too vague in my opinion.
1 hr
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31 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
combat tax evasion by billionaires


Explanation:
"Tax evasion" is somewhat of a fixed phrase in English.

Becca Resnik
United States
Local time: 03:22
Native speaker of: Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: No, not evasion.
1 hr
agree  Sofia Gutkin
15 hrs
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
Fight billionaire's tax evasion


Explanation:
A synonym for the word combat is fight. But you could also use "Tackle" which means attack a problem or an issue!

Example sentence(s):
  • They fought against graft

    https://www.thefreedictionary.com/fight
Danilo Ribeiro
Brazil
Local time: 04:22
Native speaker of: Portuguese
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
try to stop billionaires avoiding tax


Explanation:
I don't feel any of the previous answers is quite right.

As Lydia points out, this is not about tax evasion, which is illegal. It's about avoidance, which is legal but, many would argue, immoral. For example, Amazon paid only 1.2 percent in federal income tax last year.

--------------------------------------------------
Note added at 1 hr (2020-04-24 22:04:26 GMT)
--------------------------------------------------

"Abstention" is an odd choice of word, and "tax abstention" gets very few hits. I don't know whether it's a mistake, or perhaps irony - "I think I'm going to abstain from paying taxes this year".

philgoddard
United States
Works in field
Native speaker of: English
PRO pts in category: 4
Grading comment
First validated answer (validated by peer agreement)
Notes to answerer
Asker: a lot of gratitude


Peer comments on this answer (and responses from the answerer)
agree  Björn Vrooman: There is a 1966 U.S. subcommittee document that uses abstention, but it's rare, as you said. "On how to combat billionaire tax avoidance" https://www.vox.com/future-perfect/2019/2/27/18243183/bill-g...
10 hrs
  -> Thsnks!
agree  Tina Vonhof (X)
16 hrs
agree  Elisabeth Richard
1 day 12 hrs
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