[Vision2020] Montana Sends Blixseths $57 Million Tax Bill

[Tom Hansen]

Courtesy of KTVQ (Billings, Montana) at:

http://www.ktvq.com/news/montana-sends-blixseth-s-57-million-tax-bill/

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Montana sends Blixseths $57 million tax bill
Posted: Oct 13, 2010 12:46 PM by Associated Press

BILLINGS - Montana tax officials say Tim and Edra Blixseth owe the state
$57 million in taxes on the money they drained from the Yellowstone Club
and on luxury jets, cars and yachts they wrote off as business expenses.

With Edra Blixseth bankrupt, state officials have filed a warrant to go
after Tim's assets to cover the $57 million.

Payment would go a long way toward easing Montana's budget woes, with
state lawmakers next year due to address a $300-million plus projected
budget shortfall.

State officials may have to fight for the money, as the club's creditors
are seeking $286 million.

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Remind me to send the Montana State Tax Commission a "Thank You" card.

Seeya round town, Moscow.

Tom Hansen
Moscow, Idaho

"The Pessimist complains about the wind, the Optimist expects it to change
and the Realist adjusts his sails."

- Unknown