AIG should be very grateful to the taxpayers. The taxpayers gave you Billions to keep your company afloat. Stating that you want a tax refund is a joke. The only reason that AIG still exisits today is the people saved your bacon.
Let’s see if I have this right. We, the People gave them $180 billion because they were too big to fail. After several years, they are still into us for $80 Billion and they want a refund on taxes????? I think not. They should also should not be allowed to acquire any more companies while owing the taxpayer all this money.
So if AIG wins, does that mean the proceeds of the suit go back to the majority owner (the taxpayers)? If so, isn’t the suit inherently moot? Someone with some JD experience chime in- I am genuinely curious!
I am also genuinely curious how the IRS would respond to an individual filer’s request to amend, in the individual’s favor, a tax return that is over 20 years old.
All loans to AIG have been repaid and in the cases of Maiden Lane II and III, the taxpayers made money. The remaining money that AIG is supposed to payback were already paid in the form of preferred and common stock.
At this point, AIG owes the American public $0. It’s not AIG’s fault that the Treasury converted one of the last loans to an equity position.
Talk about bitting the hand that feeds you!!!!
Really!!! Are you kidding me!!! How much lower can you go at this point. Obviously, they are finished taking from us.
AIG should be very grateful to the taxpayers. The taxpayers gave you Billions to keep your company afloat. Stating that you want a tax refund is a joke. The only reason that AIG still exisits today is the people saved your bacon.
If a judge allows this to happen, he needs to be put in prison along with the rest of these jokers. SERIOUSLY!!!!!!!
Simply stunning. Move all your business from there – NOW
I’m pretty sure I overpaid on my taxes too.
Simple math. $80 Billion less $30 Million = $79 Billion, 970 million still owed to the taxpayer. When can we expect full payment AIG?
Let’s see if I have this right. We, the People gave them $180 billion because they were too big to fail. After several years, they are still into us for $80 Billion and they want a refund on taxes????? I think not. They should also should not be allowed to acquire any more companies while owing the taxpayer all this money.
So if AIG wins, does that mean the proceeds of the suit go back to the majority owner (the taxpayers)? If so, isn’t the suit inherently moot? Someone with some JD experience chime in- I am genuinely curious!
I am also genuinely curious how the IRS would respond to an individual filer’s request to amend, in the individual’s favor, a tax return that is over 20 years old.
All loans to AIG have been repaid and in the cases of Maiden Lane II and III, the taxpayers made money. The remaining money that AIG is supposed to payback were already paid in the form of preferred and common stock.
At this point, AIG owes the American public $0. It’s not AIG’s fault that the Treasury converted one of the last loans to an equity position.