Topic: Loophole question
I just watched the recap from MSR Houston Fall 2017. In the wrap up Jay critiqued Tarp racing's, homemade exhaust headers by saying, someone on the team could have gotten a job at Taco Bell and bought a tubing bender instead of going to all the effort of slicing and welding stock headers.
Based on Jay's statement, am I right in assuming that if I get a job at Taco Bell and use only the proceeds of the Taco Bell job to finance my Lemons team. Will I avoid penalty if i exceed the 500$ limit?
Jay invented the limit and since he is suggesting that a team get a job at Taco Bell and buy a bender instead of welding stock pieces together leads me to believe that he may be setting a legal precident whereby a Taco Bell job funded team may be exempt from the 500$ cap. Realistically if you work at Taco Bell how cheaty a car could you really afford to build.