When I was in law school, I took a federal income taxation class. An adage my professor quoted has stayed with me: “No man is required to arrange his affairs so as to pay the largest possible amount of tax.” Of course, the principle he was really suggesting was that every man naturally will go to great lengths to see that he pays the lowest tax possible, short of risking prosecution. I have often used that adage as an example of how lawyers are trained to think, especially when a legal obligation is perceived as arbitrary, not linked to any compelling personal motivation. In such cases it is rational to want to know precisely what the obligation is so we can comply in a formal sense while minimizing the accompanyi . . .
This article is only available to subscribers.
Not a subscriber? Subscribe to Touchstone today for full online access. Over 30 years of content!
Get a one-year full-access subscription to the Touchstone online archives for only $19.95. NEW: Download PDF of issues! That's only $1.66 per month!
Get six issues (one year) of Touchstone PLUS full online access for only $39.95. NEW: Download PDF of issues! That's only $3.34 per month!
Transactions will be processed on the secure server of The Fellowship of St. James website, the publisher of Touchstone.
OR get a subscription to Touchstone to read on your Kindle for only $1.99 per month! (This option is KINDLE ONLY and does not include either print or online.)
Your subscription goes a long way to ensure that Touchstone is able to continue its mission of publishing quality Christian articles and commentary.
more from the online archives