Are IRS Property Seizures The Stuff Of Reality TV?
he idea that the vested guys and gals packing heat never say anything might create an interesting element. I can imagine cameo appearances by the Pawn Stars guys and some of the Storage Wars people to comment on the value of the goods being seized.
Pritzker Trust Dodges Illinois State Income Tax
By statute, the residence of the grantor at the time the trust became irrevocable subjects the trust to Illinois income tax. That was enough for the Sangamon County circuit court that had ruled in favor of the Revenue Department. In the appeal, the trustee argued that Illinois taxing the trust was unconstitutional since the trust no longer had any connection to Illinois.
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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.
