Will the woman be taxed on the money?
If this is done, it must apply ONLY to divorce settlements reached after the law is passed.
Too hard to understand for Republicans?
“it must apply ONLY to divorce settlements reached after the law is passed.”
It’s effective on the effective date of the bill.
Currently the woman is taxed on the money as income. In the future, under this bill, the payor will be taxed on the money and it will be tax free to the woman.
“Too hard to understand for Republicans?”
The Republicans are in the process of Effing up a Wet Dream. There is NO HOPE for the Trump Presidency unless we get rid of dozens of these people in the Congress. if we wiped out the Congress and used a dart board to re-fill it, we would get better legislation and it would be on a timely basis.
“Will the woman be taxed on the money?”
They are taxed on it today.