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

Loophole May Allow Highly Paid Professionals To Take Advantage Of 20% Deduction

The idealism around the worker-owner movement is pretty inspiring and has a deep history.  It makes me almost feel like the loophole is like the Ring of Power hidden in the Shire and that I am kind of like Saruman unleashing a band of bad guys into a kindly sector of the world.  I actually would feel pretty good, if there was a technical correction that fixed this, but always remember Reilly’s First Law of Tax Planning – It is what it is.  Deal with it.  I would hope the deduction stays intact for the bicycle mechanics, house cleaners and artisan bakers among others, who might only be getting a few hundred bucks out of it.  I’m afraid that a lot of them will miss it, because it is kind of obscure.  I’ll try to remember to post a reminder.

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.