4 ms·
The biggest problem with this is that they just generating a taxable event and these people now owe taxes on the "income" they received from being pardoned.
by malandrew 13y ago
The biggest problem with this is that they just generating a taxable event and these people now owe taxes on the "income" they received from being pardoned.
- saraid216 13y agoAFAIK, their lawyers checked to make sure this wouldn't happen beforehand. During the discussion of this when it started, I saw a mention that they had actually consulted the IRS directly on the matter and were told it would not do so. A quick search yielded me these statements: http://my.firedoglake.com/phoenix/2012/11/18/will-ows-rolling-jubilee-cause-tax-issues-for-debtors-irs-says-no/ http://my.firedoglake.com/phoenix/2012/11/18/will-ows-rollin...