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Professor David Gamage was quoted recently in the Wall Street Journal regarding the Billionaire Tax ballot initiative that he was integral in drafting.
Whether any of the strategies ultimately works will depend on the specific facts in play, said David Gamage, a professor at the University of Missouri law school who helped draft the proposed tax. “I like to tell my students this maxim of tax-planning: Pigs get fed, hogs get slaughtered,” Gamage said. “You can often get away with some amount of restructuring affairs, but if you go too far and get too greedy, you can get in trouble.”