Kent Hovind Will Face A New Trial
e and his co-defendant Paul John Hansen were charged with contempt of court, fraud and conspiracy because of filings that they made affecting property seized by the government. The seizures related to Hovind’s earlier conviction. The jury found Hovind and Hansen guilty of contempt, but was unable to reach a verdict on the more serious fraud and conspiracy charges. Today federal prosecutor Tiffany Eggers has filed notice that the Government intends to proceed to retrial on the charges that the previous jury did not reach a verdict on.
Is Talk Of Executive Action On Tax Loopholes Political Theater?
During the last year Presidential election carried interest was in the fore, because it was something that Mitt Romney had used to keep his taxes low. The discussion about attacking carried interest with regulation was a staple of my blog during that period, as I considered the President kind of hypocritical for not doing that and also thought that the proposed legislation to address the issue was really awful. At any rate here is how carried interest could be easily addressed by regulation.
Follow Me
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.