Syndicated Conservation Easements- An Industry Based On Nonsense
Conservation-easement cases might have been more reasonably resolved case-by-case in contests of valuation. The syndicated conservation-easement deals with wildly inflated deductions on land bought at much lower prices would seem perfectly fine fodder for feeding into a valuation grinder. Valuation law is reasonably well known, and valuation cases are exceptionally capable of settlement.
Paycheck Protection Certification – No Harm No Foul
Basically nobody who had an actual business and did not blatantly lie on the application will have cause to regret having chased PPP money. Given the speed which the program was thrown together and the vagueness of the certification, this is clearly the right answer.
If there was an attempt to penalize companies because they were being piggy in applying, litigation would have dragged on for years. I might have found it entertaining, but no good would have come of it.
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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.
