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Cargill Salt company owned 16,000 acres. government wanted the land. They agreed to a price, that included, under the law a donation worth $123 million. Cargill field for a tax break from the IRS worth $123 million, per the law.
The Left protested and the IRS took five years to agree to an 80% donation rate. Cargill lost a $23 million donation, the use of $123 million for five years and millions for attorneys. Do you think Cargill will ever again do such a donation? Will other businesses see this abuse of power and be reluctant to donate to government? The Left hates America and businesses. This is just another example of how much.
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The Left protested and the IRS took five years to agree to an 80% donation rate. Cargill lost a $23 million donation, the use of $123 million for five years and millions for attorneys. Do you think Cargill will ever again do such a donation? Will other businesses see this abuse of power and be reluctant to donate to government? The Left hates America and businesses. This is just another example of how much.
More...