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Fumble_ Brewski
Nomad Capitalist
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Comments by "Fumble_ Brewski" (@fumble_brewski5410) on "You Owe Your Country Nothing #NomadCapiTEAlist" video.
“The legal right of a taxpayer to decrease the amount of what otherwise would be his taxes, or altogether avoid them, by means which the law permits, cannot be doubted.” (Associate Justice George Sutherland)--Gregory v. Helvering, 293 U.S. 465, 469 (1935). Judge Learned Hand: "Any one 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 one's taxes." Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934)
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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." - Commissioner v. Newman, 159 F.2d 848, 851 (2d Cir. 1947) - dissenting opinion.
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