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Posted by s_pickle2001 on May 29, 2008, 3:24 pm
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>
> > At what point can one reasonably assume the tax laws (regulations? codes?)
> > are final for 2008?
>
> > December 31, 2007?
> > December 31, 2008?
> > April 15, 2009?
> > or some other date?
>
> Have never understood how it could (or should) be anything other than
> the first of these, given the phrase in Article I, Section 9, of the
> Constitution, which proves that: "No . . . ex post facto Law will be
> passed."
>
> Without being quite as fervent as James Madison, Federalist Number 44,
> 1788:
>
> "Šex post facto laws Š are contrary to the first principles of the
> social compact, and to every principle of sound legislation. ... sudden
> changes and legislative interferences Š become jobs [i.e., tools, or
> tactics?] in the hands of enterprising and influential speculators, and
> snares to the more-industrious and less-informed part of the
> community."
>
> it just seems to me that one should be able to make good faith financial
> decisions -- at least for the duration of a given year -- based on the
> tax laws relevant to those decisions _at the time they are made_.
When you are buying a house, you don't know how much property tax you
will have to pay in 5 years time.
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