Archive for March 23rd, 2015

Government Greed Gone Wild


Monday March 23rd, 2015   •   Posted by K. Lloyd Billingsley at 5:42am PST   •   1 Comment

California’s Franchise Tax Board (FTB) says inventor Gilbert Hyatt owes $55 million in taxes. Hyatt says he’s the target of a vendetta, and as Dale Kasler shows in the Sacramento Bee, Hyatt has a strong case. In 1990 Hyatt was awarded the patent for the first single-chip microprocessor and earned $350 million in royalties....
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