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Reply #15


Response to qazplm (Reply #8)

Tue Dec 27, 2011, 07:27 PM

15. Ahhhh... see what you said there?

"I think the bill does exempt Americans within the US but does not exempt them outside the US."

This is why the conflict over this bill has been bitter. I know exactly what you are saying and am not criticizing, just making a point about the ongoing argument.

The bill does not exempt Americans at home from the 1031 provisions.

But one can reasonably say, "I think Americans within the US but not outside the US are exempt from this bill."

It's a subtle distinction, but if Americans are exempt it is because they were already exempt and the bill says it doesn't change the current state of the law.

When folks have said, "This bill exempts..." it has lead to calumny and strife when others point out that is not true. The bill itself does not, but the overall scheme may have that effect.

In that sense both sides are right. Or, to a pessimist, both wrong.

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Arrow 21 replies Author Time Post
The Doctor. Dec 2011 OP
wildbilln864 Dec 2011 #1
silverweb Dec 2011 #2
The Doctor. Dec 2011 #4
cthulu2016 Dec 2011 #3
The Doctor. Dec 2011 #5
cthulu2016 Dec 2011 #6
cthulu2016 Dec 2011 #7
qazplm Dec 2011 #9
cthulu2016 Dec 2011 #13
Mojorabbit Dec 2011 #14
cthulu2016 Dec 2011 #16
qazplm Dec 2011 #8
LineLineLineNew Reply Ahhhh... see what you said there?
cthulu2016 Dec 2011 #15
The Doctor. Dec 2011 #17
zipplewrath Dec 2011 #10
The Doctor. Dec 2011 #18
zipplewrath Dec 2011 #21
On the Road Dec 2011 #19
zipplewrath Dec 2011 #20
patrice Dec 2011 #11
great white snark Dec 2011 #12
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