This man is an idiot!
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Daily Archives: 09.26.2011
Essay: “A Call to Revoke the Religious Tax Exemption”
By Madison S. Hughes (02.25.2011)
Abstract
It is time; nay it is long past time, to revoke the religious tax exemption. Granted, this proposition may instantly be viewed as yet another untouchable “third-rail” of politics; however, there are numerous economic arguments to be made against continuing this exemption. Past arguments against the religious tax exemption have largely fallen on deaf ears. Changing conditions, especially economic conditions, can place old arguments in a new light. The current government-funding crisis—at all governmental levels—is sufficiently dire, and it is long past time for a call to revoke the religious tax exemption. This paper will demonstrate that the religious tax exemption is responsible for considerable revenue loss, and has a negative impact on: school funding, public library funding, revenue generation, the U.S. Federal Budget Deficit, fairness, and equity. Additionally, the tax exemption: is not transparent, lends to corruption, does not hold persons or religious organizations accountable for corruption, and, therefore warrants a call to revoke the religious tax exemption.
Keywords: church, religious organizations, revocation of religious tax exemption Continue reading
Glenn Beck Endorses Religious Right Effort To Challenge IRS
These men are idiots!
If they would like to defy the Johnson Amendment of 1954, then so be it; however, they should forgo their tax exempt status while they are at it. [MSH]
Real Class War Is Working to Keep Those Below You Down
Taking pot-shots at another class isn’t war, nor is imposing a modest tax increase on those who have been showered with tax cuts for the last decade. Genuine class warfare is those at the very top working to keep everyone else far beneath them . . .
Conservative discourse about the “undeserving” poor being where they are because of some inherent personal faults might make some sense if we were all born with the same opportunities to get ahead. Tragically, however, in today’s economy, the single greatest predictor of how much an American child will earn in the future is how much his or her parents take home . . .
In reality, the United States’ much-ballyhooed upward mobility is a myth, and it appears to be getting worse with each new generation.
The U.S. education system is largely funded through state and local property taxes, which means that the quality of a kid’s education depends on the wealth of the community in which he or she grows up. This, too, helps replicate parents’ economic status in their kids. Read more . . .
Why Don’t the Deficit Hawks Want to Tax Wall Street?
The intensity with which the country’s leading deficit hawks continue to ignore financial speculation taxes (FST) is getting ever more entertaining . . .
The refusal of this group to consider FST is becoming more striking because most of the world appears to be moving in this direction. Last spring, the European Parliament voted by an almost four to one margin in support of FST . . .
Even with the low tax rates being considered by the commission (e.g. 0.05 percent in each side of a stock trade), it is estimated that an EU-wide tax could bring in as much as $60 billion a year. Read more . . .
Always Question Authority 