Budget Offers From The Peanut Gallery...

Budget Offers From The Peanut Gallery...Er...President Hussein Obama

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“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#1 Nov 30, 2012
http://www.huffingtonpost.com/2012/11/29/fisc...

Republicans Say White House Proposes $1.6 Trillion In New Tax Revenue, New Stimulus, Elimination Of Debt Ceiling

WASHINGTON -- Republicans familiar with a new White House offer on avoiding the so-called fiscal cliff say it looks almost exactly like President Barack Obama's budget proposal last February.

GOP aides say Treasury Secretary Tim Geithner presented an offer calling for $1.6 trillion in new tax revenue over the coming decade, extending the 2 percentage point payroll tax deduction or something comparable to it and $50 billion in stimulus spending on infrastructure projects.

The White House plan calls for $960 billion over the coming decade by increasing tax rates and taxes on investment income on upper-bracket earners and $600 billion in additional taxes. Republicans view the offer as a step backward with the fiscal cliff – an economy-rattling set of automatic spending cuts and tax increases – looming at years' end.

The only new spending cuts in the plan would come from administration proposals curbing health care programs by $400 billion over the coming decade and modest cuts from non-health programs like farm subsidies and cutting Postal Service costs and through higher fees on airline tickets. The plan would also boost spending by extending unemployment benefits for the long-term jobless, deferring looming cuts to Medicare payments to physicians and helping homeowners refinance "underwater" mortgages..

The aides said that Geithner also requested the equivalent of a permanent extension of the government's borrowing ability to avoid wrangling over the issue as in last year's summertime crisis over raising the so-called debt limit.

The measure would block $109 billion in automatic across-the-board spending cuts known as a sequester from striking the economy in January.

{Um...no debt ceiling...meaning no balanced budget ever...yeah...that'll work...}

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#2 Nov 30, 2012
The only new spending cuts in the plan would come from administration proposals curbing health care programs by $400 billion over the coming decade

{Hmm...cuts in healthcare...}

The aides said that Geithner also requested the equivalent of a permanent extension of the government's borrowing ability to avoid wrangling over the issue as in last year's summertime crisis over raising the so-called debt limit.

{This is the fun one...lets have NO LIMIT to borrow that way we don't have to argue about the budget...wow...I'd like credit cards to offer this...and with the kind suspect credit that our government already has...}

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#3 Nov 30, 2012
http://www.usatoday.com/story/news/politics/2...

White House spokeswoman Amy Brundage countered that GOP lawmakers are "the only thing preventing us from reaching a deal that averts the fiscal cliff" and a tax hike for most Americans.

{Really? Offering to make the debt ceiling and governments ability to borrow unlimited has NOTHING to do with it?}

Carney warned that the repeat of such talk was also politically dangerous for the GOP.

"It would be a terrible mistake," Carney said. "The harm done was done mostly to the American middle class -- we had our economy downgraded, we had consumer confidence plunge, all because of this brinksmanship that is entirely inappropriate. We hope we won't see that again."

{Progressive liberal threats and fear mongering...um...excuse me tolerance and cooperation...sorry...}
dpb

La Veta, CO

#4 Nov 30, 2012
True Thread Title = "The Ruminations of a Mad Man"

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#5 Nov 30, 2012
dpb wrote:
True Thread Title = "The Ruminations of a Mad Man"
Mad man?

Okay...how do expect to balance a budget with no debt ceiling and unlimited borrowing ability from a government that spends like a binge drinker drinks...?
dpb

La Veta, CO

#6 Nov 30, 2012
LOL -- I don't. However, a reasonable tax % from the highest earners would help, as well as letting the cuts programmed in at present (Defense and other wise) take their course.

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#7 Nov 30, 2012
dpb wrote:
LOL -- I don't. However, a reasonable tax % from the highest earners would help, as well as letting the cuts programmed in at present (Defense and other wise) take their course.
You know what? This we can agree on...
dpb

La Veta, CO

#8 Nov 30, 2012
Suprised are we? LOL

Since: Dec 08

Location hidden

#9 Nov 30, 2012
dpb wrote:
LOL -- I don't. However, a reasonable tax % from the highest earners would help, as well as letting the cuts programmed in at present (Defense and other wise) take their course.
What about all those crooks, sometimes called elected fools,er I mean Represnetives cut out all the dumb PORK/EARMARKS for silly things in their home states?

I mean counting chicken droppings, how many eggs they lay an hour and other stupid wasteful spending that runs into the billions is part of the problem.

Make "pork/earmarks" illegal and there is our savings plus yes indeed tax those that make say $750,000 or more a year higher taxes and close all tax loopholes only those wealthy can afford to pay to avoid paying taxes.

At the same time pass a law all religious businesses including the churches be taxed too. That means no more write-offs for so called donating or tithing to your religious group.

Add to this issue a law that says no state can tax Social Security as many do now and include pensions with that law.

Since: Dec 08

Location hidden

#10 Nov 30, 2012
Knightmare wrote:
<quoted text>
You know what? This we can agree on...
KM, did you just drink some kool-aid?

You just agreed with dpd .....

Since: Dec 08

Location hidden

#11 Nov 30, 2012
dpb wrote:
Suprised are we? LOL
Was that earth shaking an earthquake or dbp falling down over KM agreeing?

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#12 Nov 30, 2012
Bluntly Spoken wrote:
<quoted text>
KM, did you just drink some kool-aid?
You just agreed with dpd .....
Yeah...I actually with letting the all those cuts go through...

In fact...send congress home now...just let what they agreed on go through...and cut their salaries until next session...

Plus all those things you mentioned 'cepting the churches and donations...

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#13 Nov 30, 2012
Bluntly Spoken wrote:
<quoted text>
Was that earth shaking an earthquake or dbp falling down over KM agreeing?
LOL!
dpb

La Veta, CO

#14 Nov 30, 2012
Didn't fall-- However, I had to take a long hit (to clear my head) and read it again to believe it. LOL

Since: Dec 08

Location hidden

#15 Nov 30, 2012
dpb wrote:
Didn't fall-- However, I had to take a long hit (to clear my head) and read it again to believe it. LOL
So did I and I know KM.

Now it's time to disagree with him here.

Since: Dec 08

Location hidden

#16 Nov 30, 2012
Knightmare wrote:
<quoted text>
Yeah...I actually with letting the all those cuts go through...
In fact...send congress home now...just let what they agreed on go through...and cut their salaries until next session...
Plus all those things you mentioned 'cepting the churches and donations...
Why should we exempt churches?

In fact it is time for the Federal Government to change the tax structure for "native americans too" and just treat them as we are, American Citizens with no special privileges.

And stop paying out millions to wealthy tribes. Wonder how many millions are paid out and how much that will save?

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#17 Nov 30, 2012
Bluntly Spoken wrote:
<quoted text>
Why should we exempt churches?
In fact it is time for the Federal Government to change the tax structure for "native americans too" and just treat them as we are, American Citizens with no special privileges.
And stop paying out millions to wealthy tribes. Wonder how many millions are paid out and how much that will save?
Churches are just individuals gathering together to worship...who have already been taxed...

Add to the fact this would really confuse the church state issue...

Besides many of the people in church are...at least the smaller churches are poor themselves and the church helps them out through the donations of those that happen to have money or supplies to share with those who need...

At least this is how many churches work...

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#18 Nov 30, 2012
I do tend to agree with you on the Native American issue...

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#19 Nov 30, 2012
http://hushmoney.org/501c3-problems.htm

When a church accepts the 501c3 status, that church:

Waives its freedom of speech.
Waives its freedom of religion.
Waives its right to influence legislators and the legislation they craft.
Waives its constitutionally guaranteed rights.
Is no longer free to speak to the vital issues of the day.
Becomes controlled by a spirit of fear that if it doesn’t toe the line with the IRS it will lose its tax-exempt status.
Becomes a State-Church.
The church in America today is, by and large, not speaking to the vital issues of the day. The church has been effectively silenced. There has been a chilling effect upon the church’s freedom of speech for fear of IRS retribution should the church get out of line. The inevitable result is a moral downward spiral in the culture as the church stands mute.

This did not happen by accident, but by design, and it is something of relatively recent design. Churches were added to IRS Code § 501c3 in 1954. All one need do is analyze who is responsible for sponsoring the congressional bill to include churches in § 501c3 and it should become apparent that his agenda was not to empower the church, but to silence the church (hint: the sponsor was a Senator from Texas who later became President).

“Shoot First, Think Never”

Since: Jun 09

Elk Grove

#20 Nov 30, 2012
http://hushmoney.org/501c3-myths.htm

501c3 Myths

A church or church ministry must be 501c3 in order to avoid paying taxes.

A church or church ministry must be 501c3 in order to be tax deductible.

Churches should comply with all the laws of the land because Jesus said,“Render to Caesar the things that are Caesar’s”(Mr 12:17). Therefore, it is only right for a church to become a 501c3.

Being a 501c3 helps to legitimize a church in the eyes of the world. After all, Paul said,“Providing for honest things, not only in the sight of the Lord, but also in the sight of men.”(2Co 8:21)

Myth #2. Tax Deductible:
Whether or not a church or church ministry applies for and receives a “501c3 tax-exempt recognition letter” from the IRS, any contributions made to a church are “automatically qualified” as a tax write-off to the contributor, pursuant to IRS Publication 526, and IRS Code § 170(c)(2)(B). A church does not have to be a "nonprofit charitable organization" to be tax deductible, nor does it need IRS authorization to be tax deductible. According to the IRS, churches have that status “automatically.”

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