id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-309	Cauble, Emily	Was Blackstone's Initial Public Offering Too Good to be True?: A Case Study in Closing Loopholes in the Partnership Tax Allocation Rules	2022	72	.pdf	application/pdf	27440	1295	55	In other words, tax must follow economics.); WILLIS & POSTLEWAITE, PARTNERSHIP TAXATION, supra note 81, 10.01[2] ([Ujnder the statutory scheme, the items of partnership tax income and loss must be allocated to the partners who realize the economic benefits or bear the economic burdens associated with those items.); Monroe, Too Big to Fail, supra note 81, at 487 (stating that the partnership tax allocation rules require that if a partner receives an allocation for tax purposes, then she must also bear the economic benefit or burden corresponding to such allocated item); Gregg D. Polsky, Deterring Tax- Driven Partnership Allocations, 64 TAX LAW. 97, 97 (2010) o As numerous other commentators have observed, the purpose of the rules governing partnership tax allocations is to prevent excessively tax- 79.	cache/ftr-309.pdf	txt/ftr-309.txt