That is all really interesting reading. Typical legal obfuscation, i.e. “Lawyer-talk”.
The thing is, IT DOES NOT MATTER!
It DID NOT HAPPEN!
It CAN NOT happen now!
Continued howling, whining, crying and so-forth about “what-might-have-been” seems absolutely IRRELEVANT. It may go to proving “prior intent”, but that is prior history that right now does-not-matter.
More important is the nonsense going on in congress RIGHT NOW—Potentially placing onerous tax increases on (you can guess it) the Middle Class, and Small Businesses. As well as spending TRILLIONS of dollars with no realistic plans to assure how it will be paid for!
Oh, the tax-the-rich plan currently being floated sounds good, but if-and-until the entire tax-code is overhauled, “the rich” will {and have} already structured their tax liabilities to avoid paying taxes—legally! And until the laws are applied equally to all persons INCLUDING CONGRESS, the onerous burden of taxes will CONTINUE to be born by — (you can guess it) — the middle class and small businesses.
The “rich” will be able to continue using the built-in tax benefits to sequester, shield and avoid payments. Someone may be WORTH billions, yet only “MAKE” say, $100k/y.—the limit of their ‘tax liability’ because that is their ‘annual income’—not related to their ‘net worth’.
Or a ‘congressperson’ may make $80k/y, yet have multiple houses or properties in and around D.C. or elsewhere, that are worth hundreds-of-millions yet contribute next-to-nothing in taxes.
Yet the current bills being considered by a Democrat majority would adversely affect small businesses, small personal-farms and ultimately, the middle-class taxpayers.
A summary of the bill(s) and the possible effects and a timeline are here:
https://www.nfib.com/content/analysis/national/key-dates-to-watch-congress-and-the-threat-of-small-business-tax-increases/An assessment of some of the potential effects is here:
https://www.cagw.org/thewastewatcher/congress-should-not-impose-damaging-small-business-taxI just hope one-or-a-few democrats have the intestinal fortitude to stand up to Pelousy et. al. and the machinations being tried to get both bills through the House concurrently, without v****g on a bill (infrastructure) already agreed-to by the Senate.
It seems to be an iteration of the old “my way or the highway” attitude (so famously employed by the “previous President”) . . . .
That is all really interesting reading. Typical ... (