On the recordMarch 12, 2008
The Senator was pointing out that there are three elements of casualty loss. Two of them you are not taxed on and this one you are. And it is the ultimate casualty, dying.
Said by
Judd Gregg
Source
govinfo.govThe Senator was pointing out that there are three elements of casualty loss. Two of them you are not taxed on and this one you are. And it is the ultimate casualty, dying.
Discussing the taxation of casualty loss elements during a Senate debate.
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