2013-12-01
Continuing our series on Famous Tax Quotes (quotes from court opinions and rulings with language that is colorful or that concisely states an important tax principle) today's tax quote is:
[T]he age of [certain] holdings [does not] diminish their precedential weight * * * There is simply no merit to the proposition that precedent somehow becomes less binding solely with the passage of time
Seggerman Farms v. Commr., 308 F.3d 803 (7th Cir. 2002)
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