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Old 01-21-2011, 04:06 PM   #1
Ed Wright
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Default Re: The IRS and NHRA, you gotta see this.

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Curious minds want to know, Who Is "BN"??

let us all in
Bruce Noland?
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Old 01-21-2011, 05:40 PM   #2
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Default Re: The IRS and NHRA, you gotta see this.

Wonder when the pros and the sponsors are going to find out about this? There is an article in the Washington examiner.com today, an online Washington DC paper. I guess you really can't call it a paper. How do you all think the pros are going to feel about this?
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Old 01-21-2011, 05:57 PM   #3
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Default Re: The IRS and NHRA, you gotta see this.

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Wonder when the pros and the sponsors are going to find out about this? There is an article in the Washington examiner.com today, an online Washington DC paper. I guess you really can't call it a paper. How do you all think the pros are going to feel about this?
They have been drinking the Kool Aid for years.
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Old 01-21-2011, 06:00 PM   #4
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Default Re: The IRS and NHRA, you gotta see this.

on a lighter side , does this mean Obama becomes the official starter, and the F.B.I. takes over tech.
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Old 01-21-2011, 06:04 PM   #5
Mike Brogniez
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Default Re: The IRS and NHRA, you gotta see this.

The Lets Grab Cash (Light Gardner Compton) gang and others in the ivory tower should share their wealth with those NHRA folks working passionately where the rubber meets the road at the races during the season............. .
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Old 01-21-2011, 06:29 PM   #6
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Default Re: The IRS and NHRA, you gotta see this.

this thing is all over the internet. Just google nhra and irs.
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Old 01-21-2011, 06:34 PM   #7
Bill Edgeworth
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Default Re: The IRS and NHRA, you gotta see this.

I could see this adversely affecting us. If they are found to be ineligible to operate as a 501c then they just become a regular tax paying corporation right? Will an IRS ruling actually change their corporate governance? Accountability? I could see this playing out in such a way that in the end they are just looking for more revenue to cover their new expenses (corporate tax).
To me this may be a case of;
“Better the Devil you know than the one you don’t”
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Old 01-21-2011, 08:48 PM   #8
GarysZ24
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by Mike Brogniez View Post
The Lets Grab Cash (Light Gardner Compton) gang and others in the ivory tower should share their wealth with those NHRA folks working passionately where the rubber meets the road at the races during the season............. .
x3...
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Last edited by GarysZ24; 01-21-2011 at 09:10 PM. Reason: two was taken...lol
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Old 01-21-2011, 08:59 PM   #9
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Default Re: The IRS and NHRA, you gotta see this.

I'm surprised this is just coming to light with the IRS.. We as racers are suckers, being fed leftovers for years, revolt!
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Old 01-21-2011, 09:06 PM   #10
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Default Re: The IRS and NHRA, you gotta see this.

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Originally Posted by Mike Brogniez View Post
The Lets Grab Cash (Light Gardner Compton) gang and others in the ivory tower should share their wealth with those NHRA folks working passionately where the rubber meets the road at the races during the season............. .
I couldn't agree with you more Mike!!!
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