Posted on 09/14/2011 2:15:04 PM PDT by RetroSexual
Yesterday, it was announced that an astounding 1 in 6 Americans are living in poverty. President Obama's response? To demand a tax on donations to soup kitchens and other charities that help people desperately in need. The President's proposal will impact approximately 40% of all the tax deductible contributions, and essentially penalize soup kitchens, hospitals, and churches that provide essential services to those who need them most. Its no wonder this tax hike has been rejected on both sides of the aisle.
(Excerpt) Read more at majorityleader.gov ...
Nevermind : Scribd version:
http://www.scribd.com/doc/64723281/American-Jobs-Act
155 pages, looking for the specific section on this as it will affect how we are able to help our Community.
No, they're evil. It's all part of their plan to completely eliminate private charities, and have all "aid" go through the government. That way they can control who gets the aid, who eats, who goes hungry. It's all a part of their plan for total control over every aspect of peoples' lives. They are working hard to destroy the economic engine of America, in order to get as many people as possible dependent on the government. Then by eliminating private charities, they can give people ultimatums to get the to do what the government wants...
This, combined with the elimination of the "charitable contribution deduction" will get the US more in line with European socialist governments, and help bring about that "fundamental change" that Obama was talking about before the election.
Mark

This is strictly a photo-op... Barry Soetro isn't even qualified to ask the question, "Would you like fries with that?"
Of course, didn't he teach "constitutional law" at Columbia University? The same place that keeps inviting "Imanutjob" from Iran back as their guest over and over again?
Mark
You don't have to like the people you use. As long as they serve his purpose, he'll let them live. For now...
All of a sudden, the lyrics from the Pink Floyd classic "Dogs" comes to mind:
"You have to be trusted
By the people that you lie to
So that when they turn their backs on you
You'll get the chance to put the knife in"
((awesome David Gilmour guitar solo))
Mark
“No, they’re evil. It’s all part of their plan to completely eliminate private charities, and have all “aid” go through the government. That way they can control who gets the aid, who eats, who goes hungry. It’s all a part of their plan for total control over every aspect of peoples’ lives. They are working hard to destroy the economic engine of America, in order to get as many people as possible dependent on the government. Then by eliminating private charities, they can give people ultimatums to get the to do what the government wants...
This, combined with the elimination of the “charitable contribution deduction” will get the US more in line with European socialist governments, and help bring about that “fundamental change” that Obama was talking about before the election.”
Excellent post Mark.
Taxing charitable contributions is perfectly in line with leftist dogma. How do you force people to rely on the state when they rely on churches and etc? Defunding the charities shifts the burdens of society on to the government.
I was kinda trying to do a take on the lefties but I understand your response and agree. The man has all the qualities of a dictator and employs those closest to his personality traits.
The idea under consideration here is not a "tax on donations," as Cantor's message implies. It is simply a reduction (or elimination) of the tax deduction for charitable contributions. This may sound like a bad idea on its face, but the reality is that so many "charities" these days are little more than legalized rackets -- with well-paid executives and board members -- that actually spend very little money on the "charitable work" they're supposed to be doing.
If the Red Cross is not around, are you expecting government to step up to the plate? And if we can't get angels to run the Red Cross, where are you going to find angels to staff the government version?
You'd also have to prove to me that the great mass of charities do worse at watching their money than Medicare and Medicaid, both of which lose oodles of money to fraud.
May I suggest a book, "The Vision of the Anointed", by Thomas Sowell.
I believe Cantor doesn’t haven’t the cajones to call obama out on this.
I like what you’ve said and how you’ve said it, and it would behove all of us to send Cantor a message that he’d better grow a pair and deal with this now. He always appeared as a lightweight to me, along with Boehner who runs hot and cold.
It is a bad idea, plain and simple. It needs to be dismissed “out of hand.”
Eliminating a tax deduction from the U.S. tax code does not constitute “group punishment” by any stretch. I’m not even suggesting this is a good idea, mind you. I’m just pointing out that Cantor’s reflexive reaction doesn’t exactly hit the mark.
Many of the larger denominations, such ad Obama’s former church, are far left. Always talking about social justice, environmentalism, etc. and in a round about way blaming Republicans.
I suspect they will be silent on this issue, even though it would hurt their own food banks and soup kitchens and the people they claim to be helping.
I can decide which charity I contribute to.
The New US Poverty Numbers: Everyone, Just Everyone, Gets This Wrong
by Tim Worstall, Business & Technology Contributor
The new US poverty numbers are out from the Census. The poverty rate is over 15% and isnt this just terrible? Its higher than it was decades ago and thats just even worse, isnt it?
Sadly, everyone, and I do mean near everyone other than myself, gets these numbers entirely wrong. From the left weve Angry Bear, from the right Dan Mitchell at Cato. Both have, sadly (sadly, for I quite like both of them), entirely misunderstood the little problem we have at the heart of the US poverty numbers.
The most important result of this little problem being that you simply cannot compare them over time.
Some grubby details: the US poverty line is calculated as being three times the food bill of a family in the early 1960s, upgraded over time for inflation. Doesnt matter whether thats a good definition or not, thats just what it is.
When we calculate who is in poverty, who is below the poverty line, we include in the income said person or family gets their market income (of course) and also any cash that they get given directly by the government to alleviate their poverty. This seems sensible enough really, if youve got more cash youre less poor than if you dont have more cash.
However, we do not include in that households income all of the other things we do to alleviate poverty. We dont include free medical care, or maybe help with the rent of an apartment or house. We dont include any help that comes through the tax system nor do we include any vouchers: like Food Stamps for example . . . [see link above for continuation of article]
[Turns out, when these paid-in-kind benefits, and the EITC benefit, are included in the poverty calculations, quite a few more people are calculated to be above the poverty line. Like all statistics, it’s important to vet the internals.]
So can I. Neither one of us, however, gets to write the tax code!
From that angle it sounds warranted, but does the solution discern the difference between racket and charity? Without a division, it’s a tax on soup kitchens.
The “poverty line” is 20x the world median income. That’s not poverty, that’s squandered wealth.
In this regard, eliminating or reducing the tax deduction for charitable contributions would be no different than doing the same thing to the tax deduction for mortgage interest. In both cases a lot of people -- including well-meaning conservatives -- would adamantly object, but there's nothing sacred about nonprofit organizations or home mortgages that requires them to be indirectly "subsidized" through the country's tax policy.
I take my 'LOL' back.
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