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Breaking News Home | All | Religion | Society | Tech | Choice | Fridays | SA Newsroom
FRONT PAGE  |  6/18/2018
WEDNESDAY, FEB 14, 2018  |  53 comments
Feds Collect Record Taxes in First Month Under Tax Cut; Run Surplus in January

The federal government this January ran a surplus while collecting record total tax revenues for that month of the year, according to the Monthly Treasury Statement released today.

January was the first month under the new tax law that President Donald Trump signed in December.

During January, the Treasury collected approximately $361,038,000,000 in total tax revenues and spent a total of approximately $311,802,000,000 to run a surplus of approximately $49,236,000,000.


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· Page 1 ·  Found: 53 user comment(s)
News Item4/7/18 9:40 AM
Rodney K.  Contact via emailFind all comments by Rodney K.
The greedy ones are the Democrats (socialists) who want to take what doesn't belong to them. (The Bible calls that stealing.) It reminds me of this quote by Lawrence Garfield:

"I love money. I love money more than I love the things it can buy. Does that surprise you? Money, it don't care whether I'm good or not. It don't care whether I snore or not. It don't care which god I pray to. There are only three things in this world with that kind of unconditional acceptance: dogs, doughnuts and money. Only money is better. You know why? Because it don't make you fat and it don't poop all over the living room floor. There's only one thing I like better - Other people's money."

53

News Item4/5/18 8:58 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Rodney, the electorate may be waking up❗
Paul Krugman wrote:
...Only small minorities of voters favor tax cuts for the wealthy and corporations; even smaller minorities favor cuts in major social programs....
--http://tinyurl.com/y9ukk5nc (Voters May Be Wising Up)👍
Rodney, there should be enough people tired of
Bill Moyers wrote:
In just a few days, Donald Trump seems to have set out to wreck government and turn over the remains to his plutocrat friends.
--Donald Trump’s Demolition Derby

This article was written at the beginning of 2017, of course things are much worse now, which probably Bill Moyers realize it would be.

Anyway, Rodney, people could very well vote in the Democrats to get out the Greedy Old Party, and raise taxes❗

Christians will have to use the old-fashioned way to get people to behave morally- - have them repent and become Christians

52

News Item4/5/18 7:47 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Lynne Olsen wrote:
...the flamboyant MacArthur, a darling of conservative Republicans back home, would introduce a flood of liberal reforms aimed at transforming a feudal, militaristic country with no tradition of individual liberties into a bastion of democracy....
...Instead of trying Emperor Hirohito, who was considered a deity by his people, as a war criminal, MacArthur chose to keep him as constitutional monarch. Hirohito, in turn, modernized himself and his court, supporting MacArthur’s reforms and announcing to his shocked subjects that he was not divine after all. In short order, Japan’s military forces were disarmed and disbanded, militarists purged from the government, land reform and labor unions introduced, and a new constitution put in place that contained perhaps the world’s most liberal guarantee of individual freedoms. The Constitution’s most revolutionary reform — legal equality for women, which included equal pay for equal work as well as the right to vote and to own and inherit property — was the brainchild of MacArthur himself, who believed that the emancipation of women would speed destruction of Japan’s ­testosterone-fueled militaristic culture....
--Retreat and Advance 👍
51

News Item4/4/18 10:39 PM
Rodney K.  Contact via emailFind all comments by Rodney K.
Who says they haven't earned it? And who says we should steal from them all - just in case they didn't?

Robbing Robert Reissssssssssch. (and Jim)

PS: If you think that trickle down doesn't work, go get a job from a poor person.

50

News Item4/4/18 6:03 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Certainly Rodney-- if they have earned it, but who has said they have earned it and at whose expense who can say, if Bill Gates, Soros, or the Koch brothers have really earned what they've gotten? Yet again'
Higher rates on the rich and corporations is better for the majority. See all the Nifty charts in, Robert Reich: Several Myths about Taxes and Economics.

1-Tax Cuts one the Rich don't Trickle Down to the rest of us❗👎
2-High taxes on the rich help the economy❗👍

49

News Item4/4/18 10:44 AM
Rodney K. | Tennessee  Contact via emailFind all comments by Rodney K.
Great. Now it's the preacher's fault.

Obviously, there are many men who "through covetousness... with feigned words make merchandise of" the flock of God. However, I suspect your beef with them has little or nothing to do with their fleecing of the sheep, and everything to do with your perception of them as "big Trump supporters".

That still doesn't change my original statement:
"Letting people keep what they have earned is not redistribution."

48

News Item4/3/18 7:28 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Recent example, Rodney! My suspicion is there are a lot of multi-millionaires among pastors of IFBs, (big Trump supporters?) and perhaps even Southern Baptist -- I don't know how they handle their salaries though but:
Peter J. Reilly wrote:
...The standards of the Evangelical Council on Financial Accountability require that member organizations provide audited financial statements on request. ECFA is concerned about the effect that financial shenanigans have on non-believers citing Paul's letter to the Corinthians which states "For we are taking pains go do what is right, not only in the eyes of the Lord but also in the eyes of men."....

Many, probably most, churches are financially transparent, but the lack of transparency affects some of the largest mega-churches.

People In The Pews

Most charities are subject to some level of transparency, but not churches. That leaves it up to the members to demand transparency. If you meet resistance from the leadership, maybe you might consider that rather than a sheep who is being fed, you are one that is being shorn.

excerpts from-Court Rules Churches Can Continue To Conceal Financial Information
47

News Item4/2/18 10:07 PM
penned  Find all comments by penned
Lurker wrote:
Margaret Thatcher — ‘The problem with socialism is that you eventually run out of other people's money.’
46

News Item4/2/18 7:15 PM
Rodney K.  Contact via emailFind all comments by Rodney K.
What an excellent idea, Jim. Let's levy a YUGE tax on the earnings of slaveholders! I predict it will raise about $0.00 per year (margin of error +/- $0.10).

Good grief. Did you learn that kind of obfuscation from your buddy Robert Riessssssssch?

45

News Item4/2/18 6:12 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Rodney, I assume a lot of people said that plantation owners earned their money -- forgetting about the slaves who did most of the work.

Who said they earned their money? There can be a debate about the echo global distribution of a country's wealth -- as pointed out in this article.

Robert Reich wrote:
Robert Reich on the 7 biggest lies on taxes, the economy and more.

Below is an expansion of what Robert Reich so effectively stated and illustrated in an amazing 2 minutes.

--Robert Reich: Several Myths about Taxes and Economics

I will vouch for the video in this article anyway which is by Robert Reich.👍 However, deficit spending, the Republicans have really embraced👎A little overboard if you ask me❗

44

News Item4/2/18 2:11 PM
Rodney K. | Tennessee  Contact via emailFind all comments by Rodney K.
Jim Lincoln wrote:
...upward redistribution of income: lower taxes for the wealthy...
Letting people keep what they have earned is not redistribution. (DUH!)
43

News Item4/2/18 1:10 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Paul Krugman wrote:
There’s no mystery about the Republican agenda. For at least the past 40 years, the G.O.P.’s central policy goal has been upward redistribution of income: lower taxes for the wealthy, big cuts in programs that help the poor and the middle class....

This policy agenda is, however, deeply unpopular. Only small minorities of voters favor tax cuts for the wealthy and corporations; even smaller minorities favor cuts in major social programs....

--http://tinyurl.com/y9ukk5nc (Voters May Be Wising Up)👍

A short opinion piece, the polls mentioned in the article were from Pew research.

Robert Reich has his own website, gentleman❗ Take a look at it.
http://robertreich.org/

42

News Item2/17/18 4:43 PM
Ignominious Emirakan | Rauch vs Reich  Find all comments by Ignominious Emirakan
Steve Doring wrote:
Wasn't Robert Reich the secretary of labor under President Clinton?
check out, from the back files of Slate, Jonathan Rauch's May 30, 1997, review of Reich's memoir Lost in the Cabinet. Rauch, whose now long career has been characterized by integrity &thoroughness, catches Reich in one fabricated quotation after another. Rauch finds that Reps. Robert Michel (Republican), David Obey and Martin Sabo (Democrats) deny they said anything like what Reich puts in his book; their denials ring true I suspect, to any reporter who had contact with them.

http://www.slate.com/articles/briefing/articles/1997/05/robert_reich_quote_doctor.html

Reich is no moral giant. but he is a BIG liar

He appeals to the type of people who will say ,
God says this
Give a "quote"
And when checked, one finds a lie

"Call me old-fashioned, but I've always believed that there is something special about quotation marks. Whatever is between them, in nonfiction, is supposed to reflect accurately words that some real person actually said. Now, "accurately" leaves room for quibbling, and a memoir will be understood by most readers to be offered on an "as remembered" basis.
Reich1st personna under Clinton,
Then author 2nd
Link-in gives 3rd Reich

41

News Item2/17/18 11:23 AM
Steve Doring | Tampa, FL  Find all comments by Steve Doring
Wasn't Robert Reich the secretary of labor under President Clinton? Therefore, I would doubt anything he has to say about current events, unless you read Democrat Party emails and newsletters, which Jimbo Links-on must be doing. It's amazing how many Dem talking points he comes up with.
This is not to say that Christians cannot vote for Democrats; they do constantly, afraid that the other party will reduce their government benefits.
40

News Item2/17/18 7:24 AM
Walter | Alabama  Find all comments by Walter
Not been able to join in this because I've been WORKING and too tired. Pay real close attention to this Jim. You can not hitch your wagon and pull the democrat parties wagon and be a born again Christian. A fresh spring doesn't put out salty water. You may have convinced yourself otherwise but your deceived. Sit down and write Almighty God a speech to present him on judgement day. Explain your cheerleading for this reprobate mind set. I'm apolitical in that I'm just passing thru here. I believe in the absolute sovereignty of God. He commands me to rebuke and exhort, call out and expose darkness. Jim you need to repent.
39

News Item2/17/18 2:47 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Tim, you should read other parts of Robert Reich's article, for example:
Robert Reich wrote:
According to the New York Times, Donald Trump declared a $916 million loss on his 1995 tax returns – which could have allowed him to legally avoid paying any federal income taxes for 18 years....

Ordinary investors in Trump’s business empire saw the value of their shares plunge to 17 cents from $35.50, bondholders got pennies on the dollar, and scores of contractors went unpaid. [ ]

But Trump got a bonanza because the tax code allows “net operating losses” to cancel out taxable income in future years. And the bankruptcy code allows wealthy people to stiff the people they owe by reorganizing their debts under Chapter 11....

The real scandal here is that Trump and other hugely wealthy people can get away with this, and do so all the time. It’s just another way the system has been rigged – by rich people who buy off politicians to alter tax, bankruptcy, and other laws and regulations to their advantage, just like Donald Trump has done.

--http://tinyurl.com/jcujbck (The Real Scandal of Trump Paying No Taxes)

Any voters that invested trust in Trump are most likely going to be in for a big loss ❗

38

News Item2/17/18 1:58 AM
Dr. Tim | Land of Cotton  Find all comments by Dr. Tim
So what, Jim? Would you pay taxes if you didn't have to?
37

News Item2/16/18 5:44 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
I can guarantee you one thing--none of that tax money came from Trump.
Robert Reich wrote:
....
Bankruptcy is also easy to utilize, if you’re wealthy enough to find a good bankruptcy lawyer who can use the bankruptcy code repeatedly to shelter your fortune and avoid paying your debts. Trump has used bankruptcy to stiff his creditors at least four times....

As a businessman and a very substantial donor to very important people, when you give, they do whatever the **** you want them to do,” Trump told The Wall Street Journal in July 2015. “As a businessman, I need that.”

Trump isn’t and was never a smart businessman. He was and is smart at gaming the system. There’s a difference.

--http://tinyurl.com/jcujbck (The Real Scandal of Trump Paying No Taxes)
36

News Item2/16/18 5:12 PM
Dr. Tim | Land of Cotton  Find all comments by Dr. Tim
Strictly BYOP (bring your own parachute).
35

News Item2/16/18 4:33 PM
Just a guy | Mississippi  Find all comments by Just a guy
Agreed Dr Tim. Just one modification....
Let Bernie Sanders be the test launch. He would do better if they missed and he hit the ground. He is a much harder individual.🗿
34
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