As we are sinking in debt because of the bank mismanagement, and recession, we are petitioning the POTUS, Dept. of Treasury or the IRS Director, to suspend temporarily without penalties and interest, the enforcement of the tax law where settlement saving is considered ordinary income.This law is anyway unfair because the money saved is not tangible and therefore, should be considered capital gains.
The views expressed in this petition are solely those of the petition's sponsor and do not in any way reflect the views of iPetitions. iPetitions is solely a provider of technical services to the petition sponsor and cannot be held liable for any damages or injury or other harm arising from this petition. In the event no adequate sponsor is named, iPetitions will consider the individual account holder with which the petition was created as the lawful sponsor.