As soon as he publishes his 1040s and writes a check to the U.S. Treasury for more than he owes, he will gain the credibility needed for his argument.No, he is merely following the wise guidance of Judge Learned Hand.“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.”Commissioner v. Newman, 159 F.2d 848 (2d Cir. 1947). Judge Learned Hand
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra