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Spring Cleaning Tax Roundup: Ranching, Oil, Hobbies, Easements, and Endless Litigation

Spring Cleaning Tax Roundup: Ranching, Oil, Hobbies, Easements, and Endless Litigation

When I first started blogging, I would generally knock things out pretty quickly.  I am somewhat amazed at the number of pieces I put out while I was still working and then touring the country. To be somewhat fair to my self, I will say that I didn’t dig as much in the early days. But really I think it is mainly me getting older.  Attorney Heggestead notes that he is getting old in his email.  From what I can make of his bio he is a few years older than I.  I can’t resolve to hang on till the Stonehill story is complete, but as long as Mr. Heggestead is in I will be in, God willing.

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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.