Scholar Al Strikes At Dixieland Boondockery Again
So IRS wanted to give them zero, Judge Lauber allowed them in my mind a substantial deduction well over $150,000. On a percentage basis, it is not so much – slightly over 0.15%. Just to be clear that is not 15% of the total claimed. It is 15% of 1% of the total claimed. I am pretty sure that is as low as it has gone without going to zero.
I Still Think The Income Tax Is Constitutional
In my mind, the misreading of Brusahber is not that significant in that there is still a very clear statement that Congress has the power to lay and collect taxes from whatever source derived.
Follow Me
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.