Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

IRS wants $29 million in estate taxes for bald-eagle sculpture that … can’t legally be sold
Hotair ^ | 07/24/2012 | AllahPundit

Posted on 07/24/2012 8:29:01 AM PDT by SeekAndFind

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-48 next last
To: SeekAndFind

The federal government has mutated into a grotesque spoiled child that sits on a huge pile of candy while pointing at another child holding a small candy bar while screaming “you’re greedy, you have to share!”

At least that’s what I think of when I see Nancy Pelosi.


21 posted on 07/24/2012 8:55:45 AM PDT by Rides_A_Red_Horse (If there is a war on women, the Kennedys are the Spec Ops troops.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Vladimir Ilyich Lenin:

Accuse others of what you do.

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

John Maynard Keynes:
Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. . . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. . . . (It) does it in a manner which not one man in a million is able to diagnose. . .


22 posted on 07/24/2012 8:56:47 AM PDT by dsc (Any attempt to move a government to the left is a crime against humanity.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: muawiyah
"It is unlawful for most of us to buy, sell or POSSESS eagle parts."

Does that include feathers? because we find them all the time near our cabin.
23 posted on 07/24/2012 9:10:26 AM PDT by jaydubya2
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Keep in mind that when the government passed the income tax, they said it would only be levied on “the Rich” and would not exceed 3%.

Then the media wonders why sensible citizens don’t believe anything the government tells them.


24 posted on 07/24/2012 9:11:40 AM PDT by txrefugee
[ Post Reply | Private Reply | To 1 | View Replies]

To: houeto

“Ugly as a mud fence!”

Definitely a donation. That thing looks worse than the junk that school families would donate to our annual charity auction when cleaning out their garages and basements.


25 posted on 07/24/2012 9:19:08 AM PDT by No Socialist
[ Post Reply | Private Reply | To 20 | View Replies]

To: jaydubya2
"It is unlawful for most of us to buy, sell or POSSESS eagle parts."

Does that include feathers? because we find them all the time near our cabin.

Yes, it does. Just another indicator of the malevolent insanity in which we're living.

26 posted on 07/24/2012 9:31:21 AM PDT by tarheelswamprat
[ Post Reply | Private Reply | To 23 | View Replies]

To: SeekAndFind
There's a flip side to this. Is the artwork insured? If so, how much would the owners collect if it were destroyed in a fire? The owners may have been technically right in valuing it at $0, but they can't possibly be serious about that if they've insured it for tens of millions of dollars, and an insurance company would be on the hook for those tens of millions of dollars.

The other thing to consider is this: What would happen if the IRS accepted the $0 estimated value, then the Federal law changed a week from now so that the piece could legally be bought, sold and transported? Hmmm ...

27 posted on 07/24/2012 9:41:13 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Abolish the S.O.B,s


28 posted on 07/24/2012 9:41:47 AM PDT by ravenwolf
[ Post Reply | Private Reply | To 1 | View Replies]

To: cuban leaf

Option F (from my last post): Set it on fire and collect an insurance settlement based on the IRS value.


29 posted on 07/24/2012 9:42:38 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
[ Post Reply | Private Reply | To 5 | View Replies]

To: Alberta's Child

But the insurance company would not give it a value.

Meh, I’d just deny it survived his death and hide it somewhere.

Let the IRS prove it still exists.


30 posted on 07/24/2012 9:51:43 AM PDT by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: muawiyah
It is unlawful for most of us to buy, sell or POSSESS eagle parts.

IIRC, there's an exception for Native Americans. The family / estate should sell it to Elizabeth Warren.

31 posted on 07/24/2012 10:00:26 AM PDT by Charles Martel (Endeavor to persevere...)
[ Post Reply | Private Reply | To 2 | View Replies]

To: SeekAndFind

Is there any way that the inheritors could refuse to accept the eagle? If possessing eagle parts is illegal, one would think that this item should be refused by the inheritors. Perhaps it could remain with the deceased’s estate and then be confiscated by the government.


32 posted on 07/24/2012 10:06:29 AM PDT by grumpygresh (Democrats delenda est; zero sera dans l'enfer bientot.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Charles Martel

I think you must be an active practicing member of a recognized tribe.


33 posted on 07/24/2012 10:08:50 AM PDT by muawiyah
[ Post Reply | Private Reply | To 31 | View Replies]

To: cuban leaf

If the art collection is insured, I can guarantee you the insurance company did some kind of appraisal of their own before setting the premiums.


34 posted on 07/24/2012 10:10:41 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
[ Post Reply | Private Reply | To 30 | View Replies]

To: SeekAndFind

It all depends. If they are Demoncrats and submit a very large contribution to the Obeyme super pac, then their troubles will abate. If they are R’s, then they can expect the hungry pigs treatment like in Hannibal.

Simple, really.


35 posted on 07/24/2012 10:21:36 AM PDT by SargeK
[ Post Reply | Private Reply | To 1 | View Replies]

To: tarheelswamprat

That’s just crazy!


36 posted on 07/24/2012 10:59:13 AM PDT by jaydubya2
[ Post Reply | Private Reply | To 26 | View Replies]

To: SeekAndFind
Catch law 22. Tax what cannot be sold legally to recoup the tax loss.
I would take it to court and make the IRS accumulate 1-10 mil in losses
to collect on art that shouldn't be taxed due to it's actual standard set by the Feds.

I would also call a Gov or Senator for backing in this case. That kind of money
would and could unseat a politician.

37 posted on 07/24/2012 11:13:43 AM PDT by MaxMax
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

All that for such a grotesque ‘sculpture’. If the IRS says it’s worth umpty-bajillion, perhaps they just just give it to the federal government, c/o IRS, in lieu of other payments and demand a receipt.


38 posted on 07/24/2012 11:14:44 AM PDT by Kommodor (Terrorist, Journalist or Democrat? I can't tell the difference.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

If IVORY which is older can be possessed, why cannot this artwork be in the same category? A person cannot possess ivory which is more current.

How old is this piece of artwork??

When was the law about the eagles passed??

Something doesn’t add up here.


39 posted on 07/24/2012 12:07:09 PM PDT by ridesthemiles
[ Post Reply | Private Reply | To 1 | View Replies]

To: jaydubya2

Years ago a somewhat local lady got nabbed by the feds after presenting to Hillary a “dream catcher” that apparently contained an eagle feather.

From Snopes: “Peg Bargon, 39, of Monticello, Illinois, plead guilty in federal court last summer to four misdemeanor violations of the Lacey Act and Bald Eagle Protection Acts. As part of the plea agreement, the government agreed to dismiss two additional counts that alleged another violation of the Eagle Act and an MBTA violation. Bargon’s presentation of a dreamcatcher which included feathers from a bald eagle, goshawk, barred owl, and a snowy owl to Mrs. Clinton during the latter’s appearance at the University of Illinois in 1994 resulted in heightened media interest in the case. Clinton turned over the dreamcatcher to FWS when she was initially contacted.”

More detail here: http://articles.chicagotribune.com/2000-10-27/news/0010270199_1_pardon-convicted-hillary-rodham-clinton


40 posted on 07/24/2012 12:09:24 PM PDT by Western Phil
[ Post Reply | Private Reply | To 23 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-48 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson