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View Diary: Harvard Law Professor Laurence Tribe: The coin would be perfectly legal (74 comments)

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  •  I would dearly love to see this reasoning (4+ / 0-)
    Recommended by:
    katiec, Miggles, Just Bob, MPociask

    applied post-hoc to the last 20 years of IRS filings by large corporations and those with incomes above $1M. "Congress didn't intend for that loophole to be in the law, but your smart lawyers found it ... but since Congress didn't intend for it to be there, so you still owe large coin plus interest and penalties".

    Economics is a social *science*. Can we base future economic decisions on math?

    by blue aardvark on Wed Jan 09, 2013 at 10:23:37 AM PST

    [ Parent ]

    •  an aggressive (1+ / 0-)
      Recommended by:
      blue aardvark

      reading of a tax statute for tax purposes is at least apples-to-apples.  besides, which are you so sure is unintended?  let's not rule out the role the IRS plays in enforcement decisions, and the different statutory background for collecting penalties.

      still, point taken.

      Difficult, difficult, lemon difficult.

      by Loge on Wed Jan 09, 2013 at 10:34:54 AM PST

      [ Parent ]

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