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A [Tax] Hacker’s Mind

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    A [Tax] Hacker’s Mind

    ""Take the tax code, for example. It’s not computer code, but it’s a series of algorithms -- supposedly deterministic -- that take a bunch of inputs about your income and produce an output that’s the amount of money you owe. This code has vulnerabilities; we call them loopholes. It has exploits; those are tax avoidance strategies. And there is an entire industry of black-hat hackers who exploit vulnerabilities in the tax code: we call them accountants and tax attorneys."
    I have a new book coming out in February. It’s about hacking. A Hacker’s Mind: How the Powerful Bend Society’s Rules, and How to Bend them Back isn’t about hacking computer systems; it’s about hacking more general economic, political, and social systems. It generalizes the term hack as a means of subverting a system’s rules in unintended ways. What sorts of system? Any system of rules, really. Take the tax code, for example. It’s not computer code, but it’s a series of algorithms—supposedly deterministic—that take a bunch of inputs about your income and produce an output that’s the amount of money you owe. This code has vulnerabilities; we call them loopholes. It has exploits; those are tax avoidance strategies. And there is an entire industry of black-hat hackers who exploit vulnerabilities in the tax code: we call them accountants and tax attorneys...


    disclaimer: I have no financial interest in this author's work.



    "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
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