L. & C. Mayers Co. v. Commissioner of Internal Revenue

The single issue is whether the Tax Court shall be affirmed in refusing to disturb a ruling of the Commissioner, reducing the allowance for salaries of the taxpayer’s president and secretary-treasurer from $30,000 apiece to $20,000. We do not think it necessary to state the details of the business, for it is clear that such reductions as these are beyond the reach of our review and possibly even of that of the Tax Court. We do not indeed mean that we could not review any cut, however drastic; if the Commissioner had, for example, allowed no more than $2,400 we might well have been obliged to…