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Wayfair Shows Supreme Court Can Change Its Mind – What’s Next?

Wayfair Shows Supreme Court Can Change Its Mind – What’s Next?

On the retailer piece, Jeff is referring to outfits like my fantasy retail operation Pete’s Pokemon And PT’s, that sells vintage Pokemon cards, models of PT 109, and Spanish American War memorabilia over the internet.  The “You may fire when ready” t-shirts are flying off the shelves.  The business is pretty evenly spread across the country, though, and the South Dakota statute has a $100,000 threshold. If Pete’s were doing $100k in South Dakota, it would be doing nearly $40 million nationally and could afford to deal with the sales tax.  The other threshold is a little more troubling – 200 or more separate transactions.  I don’t remember ever buying something that cost more than five hundred bucks over the internet, so that is what will likely pull retailers in.

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Trump Foundation Campaign Coordination Worst-Case Tax Scenario

I asked Mr. Hopkins if he saw anything criminal in all this and he did not think so. I know you may have read other people saying otherwise, but Mr. Hopkins does not see anything criminal.  Remember the sui generis.  There is no precedent for anything like went on, probably because it would take a Donald Trump to make it happen and he is also on the sui generis side.  A lot of tax crimes require an element of willfulness, which would be very difficult to prove in this case.

Mr. Hopkins also noted that a skillful advocate would be able to provide other ways of looking at what happened.  Here is one I came up with.  The foundation wanted to help veterans.  I mean, who doesn’t?  The veterans’ groups reached out to the campaign because it was more prominent and had more infrastructure.  By involving the campaign in the donation you were highlighting Mr. Trump’s concern about veterans as he mourned the debilitating foot condition that cut off his own military career at the high school cadet level.  But. But. You are also giving more publicity to organizations like the Puppy Jake Foundation, which really is a very worthy cause.  Maybe that is what the foundation had in mind and it was the foundation exploiting the campaign for charitable purposes and not the campaign exploiting the foundation for political purposes.  Anyway, that’s my story and I’m sticking with 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.