Talk of The Villages Florida - View Single Post - I.R.S. Rules Against The Villages
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Old 06-06-2013, 05:49 PM
ilovetv ilovetv is offline
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Quote:
Originally Posted by TexaninVA View Post
I respectfully disagree with the notion that our immediate and best course of action is to “sue the Developer.” Mistakes and various other Developer imperfections notwithstanding, our community would never have grown into what it has without the leadership and vision of Gary Morse. It seems to me the best way forward is, with respect to the IRS issue, for the residents’ and Developer’s interests to be aligned where possible. At least give that a chance before suing him. The IRS ruling, while unwelcome news, is also not unexpected given the bureaucratic proclivities of our beloved tax collection agency.
In any event, the Developer still has a very large stake in the success of his commercial ventures. Likewise, we (the residents) have a large stake in preserving our lifestyle and home values. Why start fighting with each other? The common opponent here is the IRS.
Thus, I am trying to put myself in the Developer’s shoes, and ask what I would do? I don’t know much about Gary Morse except that he’s in his mid-70s, is a gifted businessman / leader, and worth a billion or more. Good for him … American Dream etc. I also have to think that he has a certain level of pride and attachment to his creation.. ie TV. He spent his whole adult life building this place. My instinct, were I he, would be to contest the issue, minimize the $$ damage, and find a way to keep the community going. OTOH, if I’m mid-70s, have all the money I’d ever need and the residents of what I created immediately ganged up to “sue me” and in general, be unpleasant about it, I think I could find myself saying “to heck with it” and set a course to Barbados aboard the yacht Cracker Bay.
Now this is "wisdom".

Thank you so much for your insights and call for harmonious problem solving.