JD Salinger Really Was A Park Avenue Rich Kid
James Gould Cozzens had quite a bit in a common with JD Salinger. He was a bit older, born in 1903 as compared to Salinger’s 1919. He was a prep school kid and college drop-out who achieved early literary success. Cozzens was never part of the New York literary scene. His wife Sylvia Bernice Baumgarten was a literary agent and took care of all that for him. Their “seclusion” was about two hours from New York in Lambertville, NJ.
Court Rules Against Slots Playing As A Business
Generally speaking the courts will not second guess your money making ideas. Trieu M. Lee and his spouse played the slots using the principles of Feng Shui and were recognized as engaging in a trade or business by the United States Tax Court. You have to be ready to show, however, that you are modifying your plan based on experience. Other trappings of business such as separate accounts are also very helpful. All in, when you are claiming gambling as a trade or business, you are really taking a chance. I guess you are used to that or you would have just gotten a part-time job.
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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.