2jesusandjohnwayne
Margaret Fuller5 360x1000
299
George F Wil...360x1000
3albion
1falsewitness
1albion
10abion
2gucci
11albion
2transadentilist
Stormy Daniels 360x1000
James Gould Cozzens 360x1000
2lookingforthegoodwar
1gucci
Gilgamesh 360x1000
12albion
1empireofpain
Margaret Fuller4 360x1000
storyparadox3
lifeinmiddlemarch1
14albion
storyparadox2
Margaret Fuller2 360x1000
8albion'
Learned Hand 360x1000
LillianFaderman
Mary Ann Evans 360x1000
2theleastofus
Margaret Fuller 360x1000
Lafayette and Jefferson 360x1000
Brendan Beehan 360x1000
3confidencegames
499
3theleastofus
Margaret Fuller 2 360x1000
2paradise
Thomas Piketty2 360x1000
13albion
2lafayette
5confidencegames
Samuel Johnson 360x1000
Margaret Fuller1 360x1000
Anthony McCann2 360x1000
399
1trap
5albion
199
11632
2defense
Tad Friend 360x1000
2albion
Mark V Holmes 360x1000
3defense
Spottswood William Robinson 360x1000
Anthony McCann1 360x1000
AlexRosenberg
Maria Popova 360x1000
6confidencegames
1defense
6albion
1lauber
Susie King Taylor2 360x1000
7confidencegames
2confidencegames
Maurice B Foley 360x1000
Office of Chief Counsel 360x1000
Margaret Fuller3 360x1000
Betty Friedan 360x1000
2trap
4confidencegames
George M Cohan and Lerarned Hand 360x1000
1paradide
1theleasofus
9albion
Susie King Taylor 360x1000
1lookingforthegoodwar
1madoff
4albion
lifeinmiddlemarch2
Richard Posner 360x1000
1lafayette
Storyparadox1
7albion
1jesusandjohnwayne
2falsewitness
1confidencegames
Thomas Piketty3 360x1000
1transcendentalist
Edmund Burke 360x1000
Adam Gopnik 360x1000
Thomas Piketty1 360x1000
Ruth Bader Ginsburg 360x1000
3paradise

The Thinking Behind The Tax Cuts And Jobs Act – Assuming There Was Some

I spoke with Professor Sugin about her article.  One thing that we both seem to agree on is that TCJA is not well thought out tax reform as was the Tax Reform Act of 1986.  I asked her if this type of deep thinking about the tax law comes across in her teaching.  What she told me was that the law school classes will give students a sense of the arc of themes that run through the law and holistic views of the statutes, which will inform students when they get into the details of practice.

The other thing I learned from our discussion which I probably should have known about is what the economists call the “optimal tax model”, which is kind of the holy grail of economic thinking about taxes – designing a tax system that minimizes “deadweight loss” from the economic distortions that taxes create.  For example, taxes on labor encourage leisure – at least if you are using “homo econimicus” as your model of human behavior.

read more
CPA Convicted Of Assisting On False Tax Return – Did He Get A Raw Deal?

CPA Convicted Of Assisting On False Tax Return – Did He Get A Raw Deal?

Beginning in 2007, Burrill Capital began taking its management fees a little early to deal with “cash flow” problems.  By 2012, it had taken more than it could possibly earn before the fund’s scheduled closing – over $18 million.  In 2012, there was a capital call on the investors purportedly to fund investments. but some of that went to the prepaid management fee.  It is important to note that Mr. Berger had nothing at all to do with these shenanigans.  That was one of the objections to the way that the Government had presented its case to the jury.

read more

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.