Is Costco's Jim Sinegal A Hypocrite ?
"The bottom line was this. By supporting President Obama, Mr. Sinegal was, in effect, supporting higher taxes and now he supported a tax planning maneuver to avoid some of the tax for himself and his fellow shareholders for the next year or two."
Nice Learned Hand quote at the end too.
Nice Learned Hand quote at the end too.
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- 1Posted by khalling 12 years agoLearned Hand. I can find you lots of quotes from the court where they say the opposite. The taxpayer did not live within the "spirit" of the law, ignoring the letter of the law. spirit of the law always sides with more taxes. I didn't get the overall perspective of the writer. Mr. Costco, should perhaps have to live within the "spirit" of the law.Mark as read | Best of... | Permalink|