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Sometimes the tax code goes overboard in the other direction, however, subjecting some income to double taxation.
FORBES: The 'Tax Expenditure' Con Job
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The Uniform Trust Code provides some guidance when it states that any individual providing direction to a trustee is fiduciary per se. (Footnote 4) Contrast this with Alaska and Arizona, whose statutes state that a trust protector shall not be treated as a fiduciary unless the trust instrument provides for such treatment.
FORBES: Trust Protectors: Coming Out of the Woodwork
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These thin magnetic films can be manipulated to trigger vastly different signals, depending upon which direction they face, allowing them to be read as the ones or zeros of basic computer code.
FORBES: Total Recall
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Lower Taxes, Fewer Deductions: Are Romney and Ryan Dodging the Specifics? and Fact-checking Romney-Ryan: Does the math add up? and A Progressive Tax Code is Economically Destructive Lowering, not raise, the top marginal rate is the right direction.
FORBES: No, I'm not voting for Obama