ST Alpha - "i am starting to think he made some tax decisions that were not considered illegal at the time, but since then the IRS has said" (Reading a Post)

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In response to "At this point, I have to believe there's something severely politically damning (though almost certainly 100% legal) in them. " by ty97

i am starting to think he made some tax decisions that were not considered illegal at the time, but since then the IRS has said

Posted by tRuMaN (hello?) (aka Truman) Aug 1 '12, 09:43

are illegal, and he hasnt owned up to them yet.

Responses:

if you care, here is a forbes article from 2005 about the IRS and these types of things. -- (link) - tRuMaN (hello?) Aug 1, 10:04
This makes sense. When he left Bain was smack in the middle of height of the tax "creatvity" period on gains. - spamlet Aug 1, 09:47 21
- tell me what that is? (I should know, I'm sure. I'm dim.) -- nm - Huan Van de Camp-Jiminez Aug 1, 09:52 12
  - here is a quick summary based on something i have here - tRuMaN (hello?) Aug 1, 09:57 6
    - sneaky -- nm - decline Aug 1, 10:00 5
      - the really complicated versions used multiple corporations/etc on each side - tRuMaN (hello?) Aug 1, 10:01
      - [deleted] 3
        
        oddly, no, that was from a newsletter thing we got a while back - tRuMaN (hello?) Aug 1, 10:02 2
        
        [deleted] 1
        
        i have a feeling it was the site copying the info - tRuMaN (hello?) Aug 1, 10:05
  - There were a lot of lawyers and accountants that figured out ways to follow the letter of the law and generate large losses for people that needed it. - spamlet Aug 1, 09:56 3
    - This one is potentially interesting because of the discrepancy in timing of when he left Bain. - spamlet Aug 1, 09:59 2
      - thanks, I'll read these while I'm waiting for my car to be assessed this afternoon. -- nm - Huan Van de Camp-Jiminez Aug 1, 10:03 1
        
        These are the smart people, not the crazy people. If you want crazy (and frankly easier to read) there's the Tax Protester FAQ -- (link) - spamlet Aug 1, 10:07
  - [deleted]
- [deleted] 6
  - it wasnt really legal, it just wasnt illegal until the IRS ruled on it. -- nm - tRuMaN (hello?) Aug 1, 09:53 5
    - [deleted] 4
      - After retroactive retirement, why not retroactive legality? (nm) - musubi Aug 1, 09:57 2
        
        [deleted] 1
        
        I retroactively change my post to that wording. (nm) - musubi Aug 1, 10:02
      - "WE WERE ON A BREAK!" -- nm - oblique Aug 1, 09:55
- or multiple versions of those. -- nm - tRuMaN (hello?) Aug 1, 09:49

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i am starting to think he made some tax decisions that were not considered illegal at the time, but since then the IRS has said

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