The Alpaca Journal
Mike and Kids

Alpaca Journal

Volume 2, Issue 1
Thursday, December 15, 2005
Alpaca Taxes 2005 - Why Not Have Uncle Sam Help You Buy Your Alpacas?

By Mike Safley

     To begin I want you to know that the idea of taxes is not new nor the exclusive sin of the United States Government.  In Roman times, Caesar Augustus decreed, "that all the world should be taxed."  Politicians have taken taxation to heart for centuries.  We have, on occasion, been given good advice about our responsibility to pay tax. The Honorable Supreme Court Justice Learned Hand instructed the IRS, in a high court decision, that it was not a citizen's duty to conduct himself so as to pay the maximum tax possible, but that a common man might arrange his affairs so as to pay the least amount of tax possible.  God bless the judge, and God bless our alpacas and their tax advantages. Read more

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