[JimJoe]

Here is why TV might lose the IRS issue.. and its not TV's fault.
I think the IRS issue is part of the bigger HOT political issue of our time.. Getting rid of loopholes.
I am not arguing either side of this issue... I just want to point out where I think this issue may be heading...
When TV or any other "municipality" uses tax free bonds to finance projects, they are effectively shifting part of the cost of financing the project to every other federal taxpayer. "Municipalities" are allowed to do this because they are for the general welfare and theoretically anyone in the nation could use the public project or promote some general welfare issue. The problem with TV is that the projects are arguably not for the general welfare. They are only available for TV residents or their guests.
I love TV and think it is fantastic... but...
Is it "fair" for people who live outside TV and pay federal taxes to help finances the amenities of "rich" people who bar others from the enjoying the amenities the outsiders helped to finance, including pools, rec centers, golf courses, etc.
If Ocala sells tax free bonds, should they bar villagers from using their pool, attending sporting events, playing on their golf courses, or attending meetings in their public buildings?
I know others get federal subsidies, but can TV really claim it is "poor" or "religion", or providing a "public service".
Don't shoot the messenger. I think if this issue went nation wide, TV would be the new "corporate jet" loophole.

I understand this message involves some politics but everything does to some degree. I think it is important for those interested in the IRS issue to understand what really may be underlying the issue.. not just the legal arguments for or against the IRS.
If this message belongs in Political, I invite the Admins to move it and if so, I apologize in advance.
JJ