the operators. this is what it written On back of the Chick we get if you are the Operatars as Defined by Treasury Regulation 11504996-0 CS of the property with respect to which this check Constitutes a Cerifications under penatles of Perguary that for the purpose of the Windfall Profit Tox the Informations Contained ins Farm Statement for this property is Carrict as the tier and Catagary and the adjusted Base price is Specified so would you please looks these papers our and lit us all know if we cons do any thing about it Coming out of our chick we only own of of the Royalty and we are not the operator Will you please let ・Dara L. Adams I om a widow Drowning Webster defines windfall as, "an unexpected piece of good fortune". Profit is defined, "to become richer". When I received my last two oil royalty checks, I found I had an unexpected piece of misfortune and became poorer. The checks come for a small acreage I own jointly with an 86 year old widow. I am an 85 year old widow and this is my only income other than a monthly $198.00 Social Security check. These wells were drilled during the depression and owned by a number of large oil companies. They were finally abandoned in the late 1960's and later bought by an independent producer. Just when this lease began to be profitable, I get slapped in the face by Washington with a Windfall Profit Tax. When I first heard of this tax I assumed it was for companies like EXXON and Gulf that make excess profits. Little did I know it was a plot by Washington to get money from me to give to Cubans that burn barracks at Fort Chaffee that my tax money built. I know it goes to food stamp shoppers who buy choice cuts of steak, lobster and imported and exotic foods, then drive away from the super market in a $14,000.00 van. I have to pay cash for scrap bacon butts, beans and day old bread. I also resent having my tax money go to rapists and maderers in prison that get Social Security disability payments becuase they are emotionally disturbed. Why not put a windfall profit tax on the food processors so you can tax the bankrupt farmers? This way the rest of the farmers can go bankrupt and we can have Arabs buy all the farms and we can pay five dollars for a loaf of bread. The Arabs can hide their profits in the mattress covers they wear. Finally I would like to request that some native born Americans be accorded some Jimmy Carter's "human rights" and I would like one good reason for not voting for Ronald Regan. |