Talk of The Villages Florida - View Single Post - AMA or Obamacare
Thread: AMA or Obamacare
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Old 07-04-2012, 09:51 AM
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i love the last one:
"21. Codification of the “economic substance doctrine”(Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113"