Fair Tax Coalition to Obama: Tell IRS Not to Tax BP Compensation to Oil Spill Victims
source: http://CNSNews.com
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- TomTucker
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Don’t tax the victims of the Gulf oil spill. That's the message to President Barack Obama from fair-tax activists.
The Internal Revenue Service is going to the Gulf Coast next week to make sure the federal government gets its cut from any oil spill compensation checks BP issues to fishermen and others who have been idled due to the Gulf oil spill.
The IRS plans to hold forums in seven Gulf Coast cities on July 17 “to help victims with tax troubles or questions,” according to an IRS news release. It has also posted tax information for oil spill victims on its Web site.
But Ken Hoagland, author of the book "The FairTax Solution" and organizer of the Online Tax Revolt, told CNSNews.com that the IRS is wrong to tax hard-hit Gulf Coast residents. “It is akin to kicking someone who’s just been hit by a truck,” Hoagland said. “We are calling on the president to direct the IRS to forego tax bills on the BP oil relief payments.”
More at the Link......
http://www.cnsnews.com/news/article/69127
The Internal Revenue Service is going to the Gulf Coast next week to make sure the federal government gets its cut from any oil spill compensation checks BP issues to fishermen and others who have been idled due to the Gulf oil spill.
The IRS plans to hold forums in seven Gulf Coast cities on July 17 “to help victims with tax troubles or questions,” according to an IRS news release. It has also posted tax information for oil spill victims on its Web site.
But Ken Hoagland, author of the book "The FairTax Solution" and organizer of the Online Tax Revolt, told CNSNews.com that the IRS is wrong to tax hard-hit Gulf Coast residents. “It is akin to kicking someone who’s just been hit by a truck,” Hoagland said. “We are calling on the president to direct the IRS to forego tax bills on the BP oil relief payments.”
More at the Link......
http://www.cnsnews.com/news/article/69127
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Kristena
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Its a positive approach.
- 1 year ago
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Kristena
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KSirys
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I hope it doesn't happen! Obama needs to get involved and stop worrying about Lebron and basketball for a change!
- 1 year ago
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KSirys
