I Still Think The Life Insurance Company Screwed Them
I agree with Perry’s overall analysis. If you want the income tax benefit of life insurance, you need to drop dead.
From The Halls Of Montezuma To The Jail Of Concord
Originally published on forbes.com August 7, 2011. I recently mentioned the case of William Ruhaak. Mr. Ruhaak refused to pay his income tax for 2007. He was willing to...
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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.