Letter: Court ruling only affects closely held biz

By Robert Green

The Daily Advance

2 Comments | Leave a Comment

As soon as I read a recent letter concerning the Hobby Lobby Supreme Court decision, I knew that I had to respond to the letter’s distortions and outright lies. First of all, the writer obviously has no knowledge of what the actual decision said about corporations. The term that the court used is “closely held” corporations. According to IRS regulations, a closely held corporation is one in which more than 50 percent of the stock must be held by close family members. This is the case with both Hobby Lobby and Conestoga Wood Products, which was also a plaintiff in the case. Also required is that the corporation’s objections must be based on sincerely and strongly held religious beliefs.

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Comments

"The letter-writer’s comments

"The letter-writer’s comments sound exactly like those of the greatly misinformed Senate Majority Leader Harry Reid of Nevada and House Minority Leader Nancy Pelosi of California, both of whom are absolutely wrong in their statements." You are too generous - using the term misinformed. They are fully informed, but intentionally mischaracterizing the ruling. That's what they do - they intentionally lie and deceive in order to further their political agendas.

Lou Holtz gets it right

http://sigforum.com/eve/forums/a/tpc/f/320601935/m/2440044553

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