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Ranching Is A Hard Business But Tax Examiners Can Think It Is Fun

Ranching Is A Hard Business But Tax Examiners Can Think It Is Fun

I think baseball player came after cowboy in terms of my boyhood career choices.  The sentimentality is getting to be too much.  Next thing you know, I’ll be telling you about a 12-year-old boy in a box seat in Shea Stadium watching Jim Bunning pitch a perfect game.  The senior order clerk sitting next to the boy had probably scored the tickets from a client who happened to get particularly good execution in a then much less efficient stock market. The senior order clerk had just over a year left to live.  The game was on Father’s Day.

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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.