Constitutional LawFeaturedFederal LawTariffs
March 18, 2025By Mauro Reyes
In a bold move that echoes financial policies of the past, President Donald Trump (“President Trump”) has proposed a radical overhaul of the American tax system by advocating for the complete elimination of the Federal Income Tax. Announced during an episode of the “Joe Rogan Podcast,” this proposal suggests a return to a tariff-based revenue […]
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FeaturedOlympicsTax Law
October 29, 2024By Jose Linares
Victory can be taxing. After the July 2024 Olympic games in Paris, there have been questions as to whether Olympic medalists can receive tax exemptions on their winnings. Certain amendments to the Internal Revenue Code (“I.R.C.”) have allowed exemptions for prize winning-athletes who earn under a certain yearly income.[i] This exemption will also apply to […]
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Constitutional LawCorporate LawFeaturedTax Law
April 10, 2024By Michael Schaum
The fruit or the tree? Being the lone sentry against unapportioned federal taxation, the very definition of income is central to tax jurisprudence. Taxable “income” has cautiously been likened to the fruit-bearing tree: fruit’s economic value should be attributed (taxed) to the tree on which it grows.[i] Likewise, attempts to re-assign fruits to another […]
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