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To: fightinJAG
It’s perfectly possible to receive ZERO actual benefit from an enterprise

That's not what Bachmann said:

"And my husband and I have never gotten a penny of money from the farm."

Yet her disclosure form indicates otherwise. We'll see what is done with this, but if recent events are any indication, Bachmann will probably try to stonewall this.

88 posted on 06/26/2011 4:08:20 PM PDT by dirtboy
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To: dirtboy

I don’t know how you are reading “zero actual benefit” as something other than “not a penny.”

It’s very common to receive NO MONEY (not a penny, not an actual benefit) from some kind of business arrangement, yet have a disclosable “financial interest” in it that has a value placed on it even though *see above.*

As someone posted on this thread, as a partner in a firm he was imputed to have a financial interest in th firm that was valued at so many dollars, even though he had not received a penny in actual income from the firm.

The purpose of financial disclosure forms is to show what the person may have an interest in, and what the value of that interest is if it were “income.” That is all.


211 posted on 06/28/2011 9:44:17 AM PDT by fightinJAG (I am sick of people adding their comments to titles in the title box. Thank you.)
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To: dirtboy

P.S. Stocks are a perfect example. One can own, or be imputed to own an interest in a company through stocks, yet never receive a penny.


212 posted on 06/28/2011 9:45:37 AM PDT by fightinJAG (I am sick of people adding their comments to titles in the title box. Thank you.)
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