Euro Pacific Capital’s Peter Schiff Defends His Tax Protesting Father Irwin Schiff
.even though these cases, properly understood, do not support Mr. Schiff’s professed beliefs, they do contain language which, if honestly misconstrued and read out of context, could lead someone without legal training to believe that taxable income is limited to corporate profits
Catskill NY Pagan Phryganium Exempt From Real Estate Taxes
The Phryganium is located in Palenville, NY. Palenville is a “hamlet” that is part of the Town of Catskill. When Nancy McCoy, Assessor for the Town of Catskill, looked at the Phryganium, she thought she saw a run-down inn that a few women lived in and not much in the way of religion going on. So in her view, the Phryganium and its surrounding property belonged on the tax rolls.
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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.