Peggy Gilmour and I were both graduated from college in 1973 (it only took me three years). She went on for a graduate degree in nursing and I went o nto the family coal business and then some. Though Ms. Gilmour dropped off the radar screen for a period of time – at least according to the free bits at LinkedIn – at some point in our respective careers, we were both CEOs. As such, I would like to think that each of us had a passing understanding of state and federal tax codes and the implication of same on our respective businesses; truth be told, it did not take a rocket scientist to understand that the short version is – they either paid taxes on the income they earned or they were exempt from paying taxes on the income they earned.