Talk of The Villages Florida - View Single Post - IRS gets its way
View Single Post
 
Old 08-07-2014, 11:16 AM
TVMayor's Avatar
TVMayor TVMayor is offline
Veteran member
Join Date: Dec 2012
Location: Village Rio Grande
Posts: 697
Thanks: 0
Thanked 4 Times in 3 Posts
Default

Quote:
Originally Posted by janmcn View Post
If the VCCDD thinks that refinancing these bonds from tax-free to taxable bonds will help them with their long-running dispute with the IRS, why didn't they do it years ago?
Because maybe the owner of the high interest rate tax free bond had a say in this action and he wanted to get the high interest rate as long as he could.
__________________
MI, Pontiac, Waterford, Southfield, Farmington, FL.--> Ron's my name and pool's my game.