Would you be willing your team to look into how the IRS can work with us on this and on the tax treatment of this practice? You know, it's one thing to participate in our court system. It's another thing to abuse our court system by outside funds that manipulate the system, create partnerships and other forward derivatives to take this on as a capital tax situation when it should be ordinary income. I want to ensure my staff gets with your staff. And we'll report back to you, sir. I appreciate that. And then one last thing. (01:49–02:05)
CLAIM
Asserts that outside funds are manipulating the court system to treat certain income as capital gains instead of ordinary income.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
