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Kudos to the Tax Writers: The Bailout Demanded Quick Answers and the Government Responded Admirably  

Author:  Robert N. Gordon.

Source: Volume 26, Number 02, Winter 2009 , pp.3-8(6)

Journal of Taxation of Investments

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The government rescue plan inevitably will produce many villains. But one group that has performed like heroes through this turmoil are the Washington tax writers, who acted quickly to remove possible tax roadblocks in order to free up seized credit markets. As Steve Rosenthal, an attorney with Ropes & Gray LLP, said, “Sometimes Washington works really well.”

Keywords: IRS Revenue Procedures and Notices

Affiliations:  1: Twenty-First Securities Corp.

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