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As such, they did not feel comfortable supplanting the functions of the Internal Revenue Service or the tax court in rendering a ruling on what they believed to be an unsettled area of the law.
CNN: AllPolitics - Ethics Transcript
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Ms. Adams was to oversee the payroll and accounting functions of GTI and eventually pay off any outstanding tax liabilities.
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The ideal tax rate is the rate at which government collects enough revenue to perform its essential functions and not a dime more.
CNN: Why America needs a tax reformation
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The special provisions under which this subsidy apparatus functions take a variety of forms, covering exclusions from income, exemptions, deductions, credits against tax, preferential rates of tax, and deferrals of tax.
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