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America’s Hitler

My friend Tom Cahill  has given me permission to republish his letters home from his voluntary exile in France. This is the fourth in the series.  It will be daily until I have caught up and then as I receive them.  Few aristocrats and politicians throughout the...

If Only Obama Had Taped Conversations

The just before Christmas report of Darrell Issa’s Committee on Oversight and Government Reform is probably a big disappointment to promoters of the IRS scandal narrative.  They won’t admit it and will maintain that the revelation of an IRS employee...
You Need Partners To Have A Partnership

You Need Partners To Have A Partnership

Originally published on forbes.com. Estate of Lois L. Lockett, et al. v. Commissioner, TC Memo 2012-123 One of the most fundamental principles of partnerships is that to have a partnership, you need partners.  That is plural.  So if somebody is getting 100% of...