Posted on 03/19/2009 10:49:43 AM PDT by careyb
Eric Cantor talks to Morning Joe.
What a surprise. [/sarc]
My advice to these people?
Take the money.
Invest ALL of it into oil and gas investments.
Take roughly an 80% to 90% IDC tax credit on the money invested.
Then, file a lawsuit against the United States, the IRS, on several different Constitutional grounds.
Ask the Courts to grant an injunction against any interest or penalties on this illegal tax.
By the time the Court Case is resolved, they will have received, probably, 100% of their money back, anyway, in total IDC tax credits plus earnings on the wells.
LOL
That would be funny!
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