Interview With Student Loan Activist Alan Collinge – Fair Value In An Unfair System ?
There are serious policy considerations as well. For example: If this methodology is accepted and used by Congress in its decision making, then we’ll have a “tail wagging the dog” scenario where the private lending industry will be able to make the federal program “look” far, far more expensive by simply raising their interest rates! While this is something the private lenders like Sallie Mae clearly would like to do for a number of reasons, it threatens millions of borrowers, the federal lending system and the public interest generally.
Claim Citizens United Attorney Broke Charity Tax Law Doesn't Hold Up
Mr. Bopp and his firm, however, should not be subject to the extremely punitive 4958 excise tax, if they gave JMFCS its money worth. Unfortunately, I think that Mr. Bopp and his firm did give JMFCS its money worth, which is why CREW is so pissed at him. I don’t like the Citizens United decision any better than CREW does.
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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.