HardOCP News
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- Dec 31, 1969
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Imagine how much money you have to make in order to owe the IRS $26 million.
The appeals court concluded that it didn't matter whether Hawkins bought a private jet or lived the high life, so long as he wasn't willfully scheming to evade his tax burden. The majority opinion concluded [PDF] that the law was on Hawkins' side and that "bankruptcy law must apply equally to rich and poor alike."