Sonny Clark
Diamond Member
- Banned
- #1
If a person sues a local, state, or the federal government, wins the law suit, and is awarded a cash settlement, should the settlement be taxed? If a person is awarded $10 Million from the government, and is forced to pay taxes on the $10 Million, did the government actually pay $10 Million in damages?
If yes, why?
If no, why?
If yes, why?
If no, why?