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

Kuretski – Was Legal Dream Team Really Trying To Help The Taxpayers?

What strikes me more than anything about this drama is that it is hard to see how it could be helping the taxpayers.  Judge Srinvasan noted that there has never been an instance of a President removing a Tax Court Judge.  Judge Robert Wherry Jr., the Tax Court judge who decided the Keretski case was once accused of falling asleep during a trial, but the notion that the threat of President Obama reaching out and firing him over how he decided a collection due process case seems really silly.  Were the attorneys really maintaining that was a real potential influence?  

read more
Facade Easement Valuation Cannot Be Percentage Rule Of Thumb

Facade Easement Valuation Cannot Be Percentage Rule Of Thumb

The approach that NAT ended up promoting was to use a percentage valuation that had been accepted in other cases.  If that had worked, it would have ended up being circular reasoning as each valuation in the 10% range would reinforce the notion that that was the correct valuation.  You could see why they would want to do it this way.  It made planning much easier.  Once tax advisors grasped the concept, they could easily see how it would apply to their clients.  Pay something like 1% of the value of your property to a group like NAT and you get a charitable deduction for 10% +/- of its value.  The thing that did not fully register with some people was that in order for the donation to be legitimate the value of your property should actually go down by 10%.

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.