So much for the freedom to practice one's religion.
One word answer - FAIRTAX - same word again - FAIRTAX
I think there is a story in the Bible about you should take care of your parents before giving to the church. Anyone back me up?
Sounds as if the only thing that's being restricted is how seniors can dispose of their wealth in order to be eligible to have Uncle Sugar (via our tax dollars) pay for their nursing home.
If they are moving assets to avoid paying their medical bills then something should be done. They should have bought long term care insurance if they had that kind of money, and should not expect the American tax payer to pay for care they should be responsible for IF THEY HAVE THE MONEY?
I have my long term care insurance and if they have that kind of money they should have it also.
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This is a classic example of legislation that is written in such a general way that the "rule of unintended consequences" takes over. In this case the giving that you must report is not restricted to your church or charity, but could be construed to include gifts you give to your children or even your parents. The law may be needed to close a loophole for the rich, but the unintended consequences would effect us all.
If you don't want the government poking into your business, don't use taxpayer funds. Simple.
Its funny that politicians dont mind the rich like Ted Kennedy using loopholes to keep what they have but shame on a middle class person getting to use one.