« Reply #4 on: July 09, 2009, 01:46:18 AM »
The time frame involved was the heyday of "Home office expense" scamming before the IRS targeted it for audits, it's entirely possible it was pure tax-dodging.
That was just one of many "Tax Shelters" of that time. Remember Bush #1 saying, "Read my lips, no new taxes." then he got blamed for the biggest tax increase ever. Well, he didn't raise taxes, he just did away with a lot of democrat created tax loopholes, the "Tax Shelters". The deal was that the democrats couldn't balance the budget without a tax increase. With the increased revenue from the eliminated "Tax Shelters" they were supposed to balance the budget.....THEY DIDN'T..... and "read my lips" came back to bite him in the ass.....He got blamed for a huge tax increase.... never believe/trust a lying ass democrat.
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