Who greased them?
I do. I would like some sunshine on all these ' campaign contributions'. Whos greasing Turzai and Yaw. I would like to know.
WJ is correct.That's why I posted the OP in the first place. This news directly impacts royalty owners, regardless where in the USA they live or own land.Pivotal is the tax reform legislation currently working its way through the US Senate. If the Senate also leaves percentage depletion alone then it is more likely, when differences between House and Senate bills are worked through and resolved in conference, that we royalty owners will retain this benefit.I believe, at least I hope, the Senate will be voting on their version of tax reform after Thanksgiving. It is uncertain now whether or not this measure will pass in the Senate. If it does, we will know straightaway where we stand, regarding percentage depletion, vis a vis the Senate bill. It is more difficult to know this today with any certainty, since the legislation in the Senate right now remains a work in progress.
No worries, Im sure Orrin and Rex haave had that discussion.