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"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes.
Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."
Quote by:
Judge Learned Hand
(1872-1961), Judge, U. S. Court of Appeals
Source:
in the case of Gregory v. Helvering 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465, 55 S.Ct. 266, 79 L.Ed. 596 (1935)
"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes.
Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."
Quote by:
Judge Learned Hand
(1872-1961), Judge, U. S. Court of Appeals
Source:
in the case of Gregory v. Helvering 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465, 55 S.Ct. 266, 79 L.Ed. 596 (1935)
Trump is damn lucky his old man left him a fortune.......the son-of-a-bitch would have starved to death without it. He's been pampered and spoiled all his life and anyone who works for him is scared of him. They say exactly what he wants them to say, exactly when he wants them to say it!
"Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes.
Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."
Quote by:
Judge Learned Hand
(1872-1961), Judge, U. S. Court of Appeals
Source:
in the case of Gregory v. Helvering 69 F.2d 809, 810 (2d Cir. 1934), aff'd, 293 U.S. 465, 55 S.Ct. 266, 79 L.Ed. 596 (1935)
Trump is damn lucky his old man left him a fortune.......the son-of-a-bitch would have starved to death without it. He's been pampered and spoiled all his life and anyone who works for him is scared of him. They say exactly what he wants them to say, exactly when he wants them to say it!
So he turned 14 million into BILLIONS - and the "problem" with that is?
.
