Son Of Boss – Don’t Blame Romney Blame His Tax Pros
We know that Mitt Romney was on the audit committee of Marriott in 1994, when it did a Son of Boss deal, that sheltered $70,000,000 in income. The Court of Claims...
Julian Block On Taxation Of Prizes And Awards
Originally published on Forbes.com on August 9th, 2012 The proposal to exempt the cash awards of Olympic medal winners from taxation must have gotten Julian Block...
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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.