The “Hey Hey Just Don’t Pay” Tax Strategy
I find this situation demoralizing. I believe that making an effort to be reasonably tax compliant (Perfection is impossible unless your situation is pretty simple) is one of the duties of good citizenship. I also used to believe that it was prudent even for people who are of the “taxation is theft” school of thought. I am doubtful of the latter now. It is still too risky for my taste, but I can’t make the argument that scofflaws are being reckless.
Low Income Housing Tax Credit – Aggregators Fight Sponsors In Year 15
It did not occur to me that the dried husks of limited partnership interests from which all the tax benefits had been squeezed could have new life breathed into them by clever legal work.
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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.
