THE OFFER IN COMPROMISE: WHAT IT IS AND
WHY IT MATTERS ...................................................................... 1076
A. The OIC Procedure: A Brief Description .................................... 1077
1. Doubt as to Collectibility ................................................ 1078
2. Doubt as to Liability ....................................................... 1080
3. Effective Tax Administration ......................................... 1080
B. A Preliminary Case for a Robust Offer-in-Compromise
Procedure ................................................................................. 1081
1. Revenue Benefits ............................................................ 1083
2. Interrogating the Finality of the Assessed Tax
Liability—Toward a Broader Conception of
Distributive Justice .......................................................... 1086
3. Negotiating a Reality Where People Sometimes Cannot
Pay: Tax Policy Considerations in Dialogue with
Debtor-Creditor Policy Considerations