Some rules are stupid. Following stupid rules doesn't make you smart.

Of course, changing stupid rules is better than breaking them.

"Think outside the box."

Don't be bound by convention.

Step outside your comfort zone.

Or...

Just be a bad ass m'f'k'r.

:)

Will changing the private equity rules increase tax paid?

No matter what legislation is in place, the accountants and lawyers will find a way around it. Rules are rules, but rules are meant to be broken.

The latest argument to this effect comes in a paper by a youth called Michael S Knoll who is at the University of Pennsylvania Law School; University of Pennsylvania - Real Estate Department in a paper entitled “The Taxation of Private Equity Carried Interests: Estimating the Revenue Effects of Taxing Profit Interests as Ordinary Income”. There’s quite a good summary of it (because it’s about as dry as its title) on this tax avoidance site (which presence there gives you some idea of the flavour of what’s to follow).

http://www.taxresearch.org.uk/.../

All rules are meant to be broken. The trick is knowing when……and how INFREQUENTLY this rule may be applied.

http://www.darrenwinters.biz/

That's another way to rationalize doing what you want despite the rules or laws. You justify doing what you want because you place yourself above others and think that it is o.k. for you. Rules or laws may be stupid in your opinion but that doesn't mean they are! They need to be followed until/unless they are changed...else anarchy occurs and lawlessness ensues all because a rule was inconvenient and some chose to ignore the rules/laws! :(

Sometimes you have to break the rules to get to the truth. I guess.

it means that in each and every situation there will always be an exception to the rule...always.

It means what I've asked before. "Has any rule been changed without first being broken?".

It's used as an excuse for some people to break the law. It is one belief of anarchists. Generally, rules or laws are made to protect us from abuse or harm and preserve the existence of our civilization.

I think it is a broken phrase.

One can make a rule to be broken, but most are made to be kept.

"Rules are meant to be broken" is more of a philosophy, like "hakuna matata", not a fact or observation of truth. It is like saying people are born to be killed. Silly and wrong.

Now "all is fair in love and war" suggests that there are circumstances where rules should be broken for a higher good, such as victory, self-preservation, one's country or relationships, but even that is not necessarily true.

I think it means people tend to break rules because the rules are there. Admit it, we, as people, are curious and need to know what it's like and what the consequences are after we break the rules to learn not to do it next time.