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What Grok Thinks Of Me

What Grok Thinks Of Me

Reilly’s work has a significant impact within the niche of tax journalism, offering practical advice and unique perspectives on how tax laws intersect with issues like religious liberty or gender equity.

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Syndicated Conservation Easements Beginning Of The End

Syndicated Conservation Easements Beginning Of The End

The market for unimproved land is not perfect, but the players in it are not a bunch of idiots.  So if you go on a buying spree the package you assemble will likely be not that far off from average fair market value.  The ownership of land is a bundle of rights.  When you donate an easement you are giving away part of the bundle not the whole bundle.  So an easement will be worth a percentage of what was paid for the property recently.  And the tax savings will be a percentage of that.

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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.