Two Great Books By And About Women – And Men
You and I both know that technically it was not Susan’s “status as a widow” that avoided the capital-gains taxes, but I was really starved for any financial details in the story, so I appreciated it. The take-away is that Carter Burden was a successful example of the hold, borrow, die strategy, but we can tell from the memoir that it was pretty stressful for his heirs.
Review of Carol Strickland’s “When Sparks Fly Up: The Lost Story of Margaret Fuller”
The biggest plus to this book is that it shows us Margaret Fuller seen through the eyes of other capable women playing the cards that they have been dealt by the mid-nineteenth century.
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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.