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

Stormy Daniels And The $130,000 – Based On Agreement, I Call It Capital Gain

I’ve been able to come up with three possible positions I would have taken on Stormy’s return.  This is the type of thing that would have made for a great tax season at Joseph Cohan & Associates in the 1980s, when we could still smoke in the office and before the Clarence Thomas hearings had introduced an almost Victorian propriety into office environments.  First, a little background.

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.