When I was in Law School, among the most revered legal opinions were those by Judge Learned Hand of the U.S. Court of Appeals for the Second Circuit. They were precisely reasoned, not verbose, and reflected a very cultivated sense of justice, in the judgment of my law school professors. We were, nonetheless, encouraged to […]
A Very Unreliable Tax System theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
The G-20 Shock
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The G-20 Shock
https://www.nysun.com/editorials/the-g-20-shock/91571/
It is shocking to see President Biden cutting with the Group of 20 wealthy countries a deal to raise taxes on American corporations without first getting a mandate from Congress. On the contrary, Mr. Biden has to be well aware that the sentiment for such a deal might well not even be there in Congress. Never mind. Mr. Biden seems to imagine that the Constitution granted the taxing power to the president of, say, France.
Where is Learned Hand when we need him? He is gone now, but he was the United States Circuit Judge who declared that Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase ones taxes. He sided with the tax commissioner, as did the Nine, though the justices vouchsafed Judge Hands point.
Don Keelan: When tax reporting can be misleading manchesterjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manchesterjournal.com Daily Mail and Mail on Sunday newspapers.