Tax on Debt Settlement
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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.
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iPetitions is powered by everyday people — not corporations. With nearly 50 million signatures, we've helped spark change in local communities across the globe. We don't take corporate money. We rely on people like you.
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