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Another Amway IBO Slammed By IRS – Should Be MLM Industry-Wide

Another in a series of Amway IBOs found not to be trying to make a profit, see the story and especially check the box to read the comments section, here: http://www.forbes.com/sites/peterjreilly/2016/06/25/tax-court-denies-amway-losses-due-to-lack-of-profit-motive/#1852df2a4815

The IRS should wise up and figure out MLMs don’t WANT people to care about whether they are making a profit, they want to maximize how much money they can squeeze out of them before they go broke and are forced to quit. This applies particularly to Amway, as they have the most developed tool scam known. For example, here’s another MLM that charges much less for the business focused CDs, although some of the tools are expensive, not to mention other tools not even priced, such as the meetings, website access, voice mail, etc.: http://yteamtools.com/

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