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To: Jim Robinson

I assume such expenses were already deductible. How does letting them be deducted earlier cost the taxpayers $2.5B?


3 posted on 11/23/2021 7:10:43 PM PST by Still Thinking (Freedom is NOT a loophole!)
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To: Still Thinking

I think that they currently can’t write off expenses as they occur. The new gimme would allow them to charge whatever they want for hourly fees and write them off as losses and then get the big payoff when they settle the case, reducing their tax bill.

I think this is what it is.


5 posted on 11/23/2021 7:17:31 PM PST by Blood of Tyrants (When elections fail, we will either live under tyranny or rebel and throw it off.)
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