Section 280E functionally turns the federal income tax into a gross receipts #tax for #marijuana businesses. That might raise some constitutional issues.
"Marijuana businesses face a unique challenge due to the interplay between state legalization and federal tax law. Under Section 280E, businesses that traffic in controlled substances are ineligible for any deductions or credits for amounts paid or incurred in carrying on their trade or business.”
I sympathize with Judge Merchan, who I believe has refrained from jailing Trump to avoid allowing Trump to play the victim and raise money off of that. I also think Merchan probably doesn’t want to interrupt the trial for hearings over whether Trump is causing his sycophantic Republican electeds to say things that violate the gag order. But …. 1/ #LawFedi
"Mansion" taxes are probably not going to ameliorate inequality anytime soon. Tying much-needed public services, like incentivizing the building of affordable housing, to revenue generated from them is not a good idea.
In my column this week I discuss the general idea of injecting progressivity into the property tax regime.
When property values go up, income doesn’t always follow suit. This gives rise to myriad breaks from the FMV—assessment paradigm, which brings with it … problems.
Key it to income. (Property) tax the rich. Full stop.
The Corpus of Resolutions: UN Security Council (CR-UNSC)
✅ 2722 resolutions (1946-2024)
✅ All six UN languages
✅ 82 Variables
✅ Enhanced OCR
✅ Citation Data
✅ #OpenData and #RStats#OpenSource
✅ Formats: CSV, PDF, TXT, GraphML, BibTeX
"Goodwin Procter LLP's chair and managing partner told lawyers and business professionals in an email that the firm would be using new technology to monitor time spent in the office as it looks to promote compliance with its hybrid work policy, the firm confirmed to Law360."
Dozens of fed judges attended wk-long seminars at luxury retreats -receiving free rms, free meals, free $ for travel worth 1000s - & failed to fully disclose as required.
Judges w disclosure issues incl some big names.
Aileen #Cannon, currently presiding over #Trump’s docs case, attended 2wk-long seminars at lux resort near Yellowstone Nat Park...failed to upload disclosure w/in 30 days as required.
Vice taxation (marijuana, gambling, etc.) is being treated by states as "free money" to patch over revenue shortfalls -- while victims of the last great idea (locking up substance users) remain in prison.
Am lamenting anew the refusal by Biden to support Supreme Court reform when Democrats controlled the House and Senate and could have expanded the Court, neutralizing the power of demonstrably corrupt Justice Thomas and the justices appointed after Mitch McConnell illegitimately refused to advance Obama’s nominee to the seat that went eventually to Gorsuch. Elected Democrats must take foundational measures if we are to preserve any sort of meaningful democracy in America. #LawFedi 1/
NEW: #Arizona AG Kris Mayes just announced five of the #Trump officials charged in the Arizona fake electors scheme whose name were redacted in the original indictment:
• John Eastman
• Boris Epshteyn
• Christina Bobb
• Jenna Ellis
• Mike Roman #legal#WompWomp
Honestly, the Supreme Court justices today sounded even more deranged and clueless than I even expected. They are just too worried about hypothetical future presidents to focus on the fact that we have a former president indicted for attempting to overthrow an election who is now running for reelection on an explicitly authoritarian, anti-democracy platform. 1/ #LawFedi
In this week's column I argue for creating a sales tax lottery that incentivizes folks to keep their receipts and scan them into a database -- entering them in a chance to win and reducing the ability to suppress sales on the merchant's end.
Rule of law in the context of American law requires that, at some level, every one of accepts that if we are indicted and tried for a crime, the jurors who sit in judgement of us are our peers, worthy of our respect. Trump’s refusal to stand for the jurors epitomizes his contempt both for rule of law and for other people. #LawFedi
Listened to The Daily yesterday, which featured Cade Metz's reporting that OpenAI and its competitors have scraped the entire English-language Internet as input for their LLMs and it's almost as if it should be a limit problem from a @stevenstrogatz's book. What happens to the sum of copyright infringement penalties as the number of infractions approaches infinity?
I was thinking specifically of the #xz Utils incident when I wrote this weeks column calling for an #opensource tax credit for developers.
“A 2024 Harvard study valued [open source software] at $8.8 trillion.
A software project may be initially undertaken by a single developer as a hobbyist project, but … maintenance and security updates require long-term commitments, often by an entire community of developers.”
Several Belgians have said generally the national ID card is for official government operations not for the private sector; willy-nilly requests to show it should be refused in general. But then in reality ID card is demanded in countless commercial non-gov scenarios:...
Q for my fellow #LawFedi: anyone know if NY law will allow this jury to convict Trump on the 34 lesser included misdemeanors if they hang on the primary "election fraud" felony?
The state and city of New York are doing stellar work in upholding rule of law in the U.S. Today, #Trump’s criminal trial for falsifying campaign expenditures has begun. Gift access to Washington Post’s live coverage: https://wapo.st/442dNvq. #LawFedi
Belgians say your national ID card is sensitive and should not be presented to non-gov entities, but reality differs. Mobib refused.
Several Belgians have said generally the national ID card is for official government operations not for the private sector; willy-nilly requests to show it should be refused in general. But then in reality ID card is demanded in countless commercial non-gov scenarios:...