Continuing our series on Famous Tax Quotes (quotes from court opinions with language that is colorful or that concisely states an important tax principle), today's tax quote is:
Regulation . . . often requires drawing lines. . . . The [Treasury] Department reasonably concluded that its . . . rule would “improve administrability,” . . . and it thereby “has avoided the wasteful litigation and continuing uncertainty that would inevitably accompany any purely case-by-case approach” . . . .
Mayo Foundation for Medical Education and Research v. U.S., ___ U.S. ___ (2011)