Tax Court Dusts Off Crane Decision
t hinted that maybe, just maybe, there was a way out of a burned out tax shelter besides dying or giving it to your spouse and getting a divorce. Those hopes were dashed by the Tufts decision in 1983. So poor Ms. Malonzo was at least three decades late with her argument. Still I’m glad she took the case up, reading about the Crane decision makes me feel young again.
Tea Party Patriots Audit IRS Rally At Capitol June 19
Besides getting people stoked to attend the rally, the other goal of the call was to raise $27,000. We were told that if we pressed 7 efficient, but friendly, operators would quickly take our donations and we would be back on the call without missing anything. At the beginning of the call I heard mention of a few folks like Joe from Idaho who gave $105. Halfway through the call, they told us that there were 7,000 people on the call who had not yet pressed 7.
Follow Me
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.