[OldDeckHand]

"Mechanics of the law aside, it is still bullshit. "

It's not BS, it's tax evasion. We just gave one of our daughters some money to help her by her first home. We paid taxes on that gift. Why do I have to pay taxes on a gift for the purchase of a home, but Tiger doesn't have to pay taxes when he indulges his johnson?

[Gaffer]

You take this way too seriously....come on now, do you think that he hasn't already paid much more than his 'fair' share of taxes as things go? Seriously? Likewise, you have absolutely no way of know from which funds he paid these trollops, do you.

I commiserate with you on having had to pay gift tax on what you gave your daughter. My mother did the same with her grandchildren, only she looked at the rules long enough to figure out how to tie it to an inheritance gift and filed for it, legally, and didn't have to pay a dime.

[DesertRhino]

“daughters some money to help her by her first home. We paid taxes on that gift.”

Good point,,,THAT makes sense put that way.