Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Law
Tax Treatment Of Prepublication Expenses Of Authors And Publishers, Michigan Law Review
Tax Treatment Of Prepublication Expenses Of Authors And Publishers, Michigan Law Review
Michigan Law Review
This Note analyzes the tax treatment of prepublication costs. Part I presents the analytic framework of the business expense/ capital expenditure distinction and searches for practical, income- reflecting criteria that achieve theoretically correct results. Part II covers the historic treatment of prepublication expenditures, concluding that neither the courts nor the Internal Revenue Service (IRS) have been consistent in their approach and that both have largely ignored the income-reflecting goals outlined in Part I. Part III applies the income-reflecting approach in order to develop a principled method of examining the tax consequences of various prepublication expenses.
The Homer Of The Pacific: Melville's Art And The Ambiguities Of Judging Evil, Lee C. Bollinger
The Homer Of The Pacific: Melville's Art And The Ambiguities Of Judging Evil, Lee C. Bollinger
Michigan Law Review
Writing in 1952 of Herman Melville's work and its significance, Albert Camus praised Melville as the "Homer of the Pacific." Such Olympian fame was deserved, Camus wrote, because "[i]f it is true that talent recreates life, while genius has the additional gift of crowning it with myths, Melville is first and foremost a creator of myths." This essay concerns one aspect of those myths, Melville's exploration of man's struggle with the injustice and evil that originates from both within and without himself, and asserts its relevance to an understanding of the judicial process.