Philosophy on Taxes

Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes. -Judge Learned Hand, Gregory v. Helvering (1934)

We believe that individuals are better allocators of their own capital than any government, elected official or bureaucrat. First, your tax dollars may go toward a specific use that does not align with your values. Second, altruism through taxation is inherently inefficient. The end beneficiaries never receive 100% of what was collected from you.

Our general philosophy on taxes is that we want you to pay no more than you are legally obligated, so that you get to decide what to do with your excess capital. You can decide whether you want to make a contribution to a charity that resonates with you. You can decide whether you'd like to make a gift to a loved one. You can decide whether you'd like to help a family that is struggling.  You can decide whether you'd like to contribute to the education of your children, grandchildren, nieces or nephews. You can decide whether you'd like to support your local businesses. You can decide whether to grow your business by hiring a new employee from your community.

You will decide how you want to invest your tax savings in a way that makes our world a better place.