USArmyRetired
Rookie
- May 29, 2010
- 2,601
- 363
- 0
- Banned
- #1
Well isn't this cotton pickin suprising? The poor folks down on the coast can't catch a break at all and I feel that this is wrong for the IRS to do. These people need all the money they can get and they should wave the taxes for them. These people who are shrimplers, crabbers, fishermen, charter fleets need all the capital they can get in order to survive this mishap so they can feed their families and maintain their quality of life which has been hampered by the Obama Administrations interference. I hope they reconsider and refuse to tax the victims.
FOXNews.com - IRS May Tax Payments to Gulf Coast Victims
NEW ORLEANS Out-of-work Gulf Coast shrimper Todd Pellegal spent his first $2,500 check from BP quickly, paying off bills and buying groceries for his family.
He never even considered putting some of it away for taxes.
Now he's among the people up and down the Gulf Coast reeling from the oil spill disaster who are surprised and frustrated to find out the Internal Revenue Service may take a chunk of the payments BP PLC is providing to help them stay afloat.
Many were already angry about how long the oil giant took to cut the checks. So when they got the money generally about a few thousand dollars each so far they spent it fast.
"If they're going to pay you a lump sum, like for a year, then bam, take the taxes out of the check," said Pellegal, of Boothville, La. "But a little bit at a time, they shouldn't."
FOXNews.com - IRS May Tax Payments to Gulf Coast Victims
NEW ORLEANS Out-of-work Gulf Coast shrimper Todd Pellegal spent his first $2,500 check from BP quickly, paying off bills and buying groceries for his family.
He never even considered putting some of it away for taxes.
Now he's among the people up and down the Gulf Coast reeling from the oil spill disaster who are surprised and frustrated to find out the Internal Revenue Service may take a chunk of the payments BP PLC is providing to help them stay afloat.
Many were already angry about how long the oil giant took to cut the checks. So when they got the money generally about a few thousand dollars each so far they spent it fast.
"If they're going to pay you a lump sum, like for a year, then bam, take the taxes out of the check," said Pellegal, of Boothville, La. "But a little bit at a time, they shouldn't."