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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (465357)	3/21/2009 10:31:50 PM
From: brushwud	Read Replies (1) of 1578476

"But normally, when tax law is changed during the year, it is for transactions AFTER the date of enactment." Usually that is the case. However... You're not holding up your side of the argument very effectively, so I feel sorry for you and I'll throw you a bone. Here's an article about a 9-0 USSC decision upholding a retroactive change in tax law: nytimes.com Hope the NYT will let you read it. The decision regards changes in 1987, but the article also refers to retroactive changes in 1993. Here's an excerpt: Justice Antonin Scalia said that the Court's reasoning "guarantees that all retroactive tax laws will henceforth be valid."

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