Viewing a single comment thread. View all comments

TheJessicator t1_j7smp0u wrote

>This whole situation is being caused by the IRS and with the stroke of a fucking pen it could end.

I think you need to take those civics classes again. That's absolutely not how laws work.

1

mrlolloran t1_j7sn8aa wrote

So who goes after the IRS if they don’t do this? Why is it a question, the IRS doesn’t even seem sure of the answer since they’re not issuing guidelines, they’re telling us to wait. Also you know how government departments work right? Some of them are entirely made up of non-elected, appointed officials who can pass things that have the effect of law (not saying this 100% good or bad all the time or that all departments have equal power to do this).

The issue is more complicated than you are making it sound.

Edit: a word

1

TheJessicator t1_j7tkr32 wrote

It's a matter of getting legal advice and being damned sure they get out right. While it seems obvious that it should be taxable, they have clearly identified at least one potential legal reason why it could be that it might not be taxable, so they want to be sure. Fixing that later will be extremely costly if they get this wrong.

3