This man is an idiot!
This man is an idiot!
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
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]
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 . . .
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 . . .
THE Austrialian government and the BBC have been identified as “enemies of Christianity” following their decisions to replace the terms BC (Before Christ) and AD (Anno Domini) with “politically correct” BCE (Before Common Era) and CE (Common Era) . . .
The Wail reports here that the BBC’s Religious and Ethics department states: As the BBC is committed to impartiality it is appropriate that we use terms that do not offend or alienate non-Christians. In line with modern practice, BCE/CE (Before Common Era/Common Era) are used as a religiously neutral alternative to BC/AD . . .
But Rabbi Jonathan Romain, from Maidenhead Synagogue, said he could see the logic behind the change. ‘In the year of Our Lord’ is a religious view that is not shared by many across the world, or even the UK. The change to BCE and CE is simply more inclusive. Read more . . .
In a ridiculous violation of the separation of Church and State, Bay Minette, Alabama is offering those guilty of misdemeanors the choice between jail and a year of church. Now, I know what many of my atheist readers are thinking–having to attend church once a week is a punishment worse than jail, but think more carefully about this and you realize the city is actually interested in converting people, not punishing them here. Read more . . .
The regional disparity is striking. Since the Supreme Court lifted a ban on death sentences in 1976, 1,264 people have been executed in the U.S. And 921 of those executions — or 73 percent of the total — took place in 13 Southern states . . .
But less discussed is the racial divide in how people view the death penalty. For example, underneath the polls showing widespread support is one of the most well-documented facts in death penalty research: that it enjoys much higher support among whites than other racial groups, especially African-Americans. Read more . . .
This man is an idiot!
The study out of the International Monetary Fund found that greater income equality positively correlates with stronger economic growth
. . . Indeed, greater levels of income equality corresponded more strongly to sustained economic growth than other economic factors, including lower debt levels, according to the report . . .The United States Income inequality has grown in the United States over the past four decades and now more closely compares to the income distributions of Russia and Iran than many other developed economies
. . . Some economists have attributed stagnant wages for most Americans over the past four decades in part to growing inequality, as the rich have mostly benefitted from the country’s recent economic gains. Read more . . .