Posted on 11/22/2011 6:17:32 PM PST by PilotDave
Berkshire's NetJets subsidiary has been assessed $643 million in back taxes, and NetJets has now responded with a lawsuit against the IRS, claiming the assessment is "illegal."
(Excerpt) Read more at aero-news.net ...
Bwwahaha
It appears to be a good call. IRS overreached in this case.
Come on, Mr. Buffett —can’t your company gladly pay the tax, refuse to pass the cost on to your customers and eat the loss for the benefit of America? Berkshire stockholders will understand, won’t they? After all, the extra tax money would go to such a worthy cause.
Suing the IRS, is this a common practice?
I love it.
I love it when a plan comes together.
What, you say? This was not the plan? :-)
Uncle Sam WILL get its pounds of flesh.
So, Warren, how does it feel to be hassled by the IRS?
If he wasn’t such a hypocrite, he would just pay up. What’s a lousy $10 or $20 a ticket. Besides, the money would go to some of his favorite Progressive/Socialists friends. What’s 643 million to a billionaire, he’ll get it back on some slimy deal with the government anyway.
Buffet now gets to face the consequences of his own words.
But Buffet ought to be happy to pay the extra tax since he wants rich people to pay more taxes. Why is he resisting?
What goes around.
I wish we could all file a class action lawsuit against them.
Just the answer I was looking for, thanks.
WHICH United States???
By 1945, the year of the first nuclear war on planet Earth, the U.S. Supreme Court had come to dispute Marshall’s singular definition, but most people were too distracted to notice. The high Court confirmed that the term “United States” can and does mean three completely different things, depending on the context:
The term “United States” may be used in any one of several senses. [1] It may be merely the name of a sovereign* occupying the position analogous to that of other sovereigns in the family of nations. [2] It may designate the territory over which the sovereignty of the United States** extends, or [3] it may be the collective name of the states*** which are united by and under the Constitution.
[Hooven & Allison Co. v. Evatt, 324 U.S. 652 (1945)]
[brackets, numbers and emphasis added]
This same Court authority is cited by Black’s Law Dictionary, Sixth Edition, in its definition of “United States”:
United States. This term has several meanings. [1] It may be merely the name of a sovereign occupying the position analogous to that of other sovereigns in family of nations, [2] it may designate territory over which sovereignty of United States extends, or [3] it may be collective name of the states which are united by and under the Constitution. Hooven & Allison Co. v. Evatt, U.S. Ohio, 324 U.S. 652, 65 S.Ct. 870, 880, 89 L.Ed. 1252.
[brackets, numbers and emphasis added]
In the first sense, the term “United States*” can refer to the nation, or the American empire, as Justice Marshall called it. The “United States*” is one member of the United Nations. When you are traveling overseas, you would go to the U.S.* embassy for help with passports and the like. In this instance, you would come under the jurisdiction of the President, through his agents in the U.S.* State Department, where “U.S.*” refers to the sovereign nation. The Informer summarizes Citizenship in this “United States*” as follows:
1. I am a Citizen of the United States* like you are a Citizen of China. Here you have defined yourself as a National from a Nation with regard to another Nation. It is perfectly OK to call yourself a “Citizen of the United States*.” This is what everybody thinks the tax statutes are inferring. But notice the capital “C” in Citizen and where it is placed. Please go back to basic English.
[Which One Are You?, page 11]
[emphasis added]
Secondly, the term “United States**” can also refer to “the federal zone”, which is a separate nation-state over which the Congress has exclusive legislative jurisdiction. (See Appendix Y for a brief history describing how this second meaning evolved.) In this sense, the term “United States**” is a singular phrase. It would be proper, for example, to say, “The United States** is ...” or “Its jurisdiction is ...” and so on. The Informer describes citizenship in this United States** as follows:
2. I am a United States** citizen. Here you have defined yourself as a person residing in the District of Columbia, one of its Territories, or Federal enclaves (area within a Union State) or living abroad, which could be in one of the States of the Union or a foreign country. Therefore you are possessed by the entity United States** (Congress) because citizen is small case. Again go back to basic english [sic]. This is the “United States**” the tax statutes are referring to. Unless stated otherwise, such as 26 USC 6103(b)(5).
[Which One Are You?, page 11]
[emphasis added]
Thirdly, the term “United States***” can refer to the 50 sovereign States which are united by and under the Constitution for the United States of America. In this third sense, the term “United States***” does not include the federal zone, because the Congress does not have exclusive legislative authority over any of the 50 sovereign States of the Union. In this sense, the term “United States***” is a plural, collective term. It would be proper therefore to say, “These United States***” or “The United States*** are ...” and so on. The Informer completes the trio by describing Citizenship in these “United States***” as follows:
3. I am a Citizen of these United States***. Here you have defined yourself as a Citizen of all the 50 States united by and under the Constitution. You are not possessed by the Congress (United States**). In this way you have a national domicile, not a State or United States** domicile and are not subject to any instrumentality or subdivision of corporate governmental entities.
[Which One Are You?, pages 11-12]
[emphasis added]
see the post below yours post #17
The same United States that collected the taxes.
Then you must mean this one???
Secondly, the term “United States**” can also refer to “the federal zone”, which is a separate nation-state over which the Congress has exclusive legislative jurisdiction. (See Appendix Y for a brief history describing how this second meaning evolved.) In this sense, the term “United States**” is a singular phrase. It would be proper, for example, to say, “The United States** is ...” or “Its jurisdiction is ...” and so on. The Informer describes citizenship in this United States** as follows:
2. I am a United States** citizen. Here you have defined yourself as a person residing in the District of Columbia, one of its Territories, or Federal enclaves (area within a Union State) or living abroad, which could be in one of the States of the Union or a foreign country. Therefore you are possessed by the entity United States** (Congress) because citizen is small case. Again go back to basic english [sic]. This is the “United States**” the tax statutes are referring to. Unless stated otherwise, such as 26 USC 6103(b)(5).
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