"Anyone may arrange his affairs so that his taxes shall be as low as
possible; he is not bound to choose that pattern which best pays the
treasury. THERE IS NOT EVEN A PATRIOTIC DUTY TO INCREASE ONE'S TAXES. Over and over again the Courts have said that there is nothing sinister
in so arranging affairs as to keep taxes as low as possible. Everyone
does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands."
possible; he is not bound to choose that pattern which best pays the
treasury. THERE IS NOT EVEN A PATRIOTIC DUTY TO INCREASE ONE'S TAXES. Over and over again the Courts have said that there is nothing sinister
in so arranging affairs as to keep taxes as low as possible. Everyone
does it, rich and poor alike and all do right, for nobody owes any
public duty to pay more than the law demands."
- Judge Learned Hand,the most oft-quoted judge by the United States Supreme Court and the Federal Courts of Appeal in history
According to the IRS, in 2009, there were 8,274 filers reporting income of more than $10 million per year. The combined income for all 8,274 was $240 billion. That's it.
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