A NATIONAL GOAL: HOW COURTS CAN REHABILITATE CONGRESS'S INTENT AFTER HISTORIC BOARDWALK HALL.

The article reports the U.S. congress intent of promoting preferred investment activities against unfavorable market forces through tax preferences. Topics discussed include substance of tax-preferred behavior in terms of the entire investment transaction; use of the Internal Revenue Code as a policy instrument through the implementation of tax preferences; and prevention of abusive tax shelters.