Tax loophole would have died had Kennedy lived
It’s no wonder that our 35th president, John F. Kennedy, was killed on Elm Street in Dallas, Texas, on Nov. 22, 1963.
According to a Dec. 15, 2012, letter in The Maui News, “The 15 percent gas and oil depletion allowance is worth in excess of $50 billion a year.”
Do the math. Fifty years times $50 billion. I figure it’s been worth over $250 trillion since they eliminated President Kennedy, who was trying at the time to close that very same tax loophole.
Of course, this is just one of many clues to the riddle of “Who Struck John.”
Mark Kanae Smith