Sure, when you say the term “tax loophole”, by its whole nature people don't like that term to start with. It looks like it's not fair. I think everybody should pay their fair share of taxes. The issue with the loopholes is that the legislation is not clear, so it opens up the door to something.
It makes our job complicated too. Our clients know how to read; they have tax lawyers too. They say, “Well, why can't you as an accountant accept this strategy? This is an accepted loophole because here's the wording of the law.” It puts us in a difficult position that we would rather not be in. As an accountant, we want to be straight, honest, and to have integrity, and then we have that type of language in front of us.