Author Calls For Elimination Of Estate Tax And More Tax On The Wealthy
This is something of a review of The Second Estate - How the Tax Code Made an American Aristocracy by Ray Madoff. I pretty much enjoyed the book although I found myself...
When A Foreign Posting Creates Tax Disaster
The litigation highlights the hazard of the lassez-faire approach for employers. On the employee side it illustrates the hazard of relying on your employer to take care of you especially if a short term foreign assignment turns into a much longer one. We may never know how the case turns out, but it is pretty clear that either side would have been served by more forethought.
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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.