Posted 2 years ago on March 16, 2012, 9:26 a.m. EST by IdahoChas
from Boise, ID
This content is user submitted and not an official statement
Okay I am just a no body from a small town of the Western United States. I think maybe I am a bit too simple minded to really help, I really hate politics, and never really thought that one voice could help fix what’s really wrong. I also really hate my high school civics teacher, The one Vote Matters speech…Yuck!
Well its getting on to election time, so I want to know, who we can look for to guide America out of this situation. So I start looking around, poking around the web for information, You know the President can only get done what Congress and the Senate passes to him as a bill. So off I go to check Voting records, you know is the Idiot I elected doing his/her job….
Now please remember I just want to see America get out of its present situation. I just wanted to know who to vote for…..
Well here is what I found, kind of interesting how Grandpa’s view of Politian’s come to mind.
I found this H.R. 4: Comprehensive 1099 Taxpayer Protection and repayment of Exchange Subsidy Overpayments Act of 2011. Yea I remember everyone talking about that on the news. You know give the Joe Worker a Tax Break. Cool right, That one Vote Matter’s Speech it isn’t a law until the President signs it. Check the Amendments to it and read the summary of what our President signed into law…..
Hey this bill has nothing to do with me getting a tax brake or is it, Yeap right there in the Summary is that $75. per American Tax Credit until 2021. Cool right…
Na I say check the amendments that were signed into this before it became law.
There are two; These were found using the govtrack.us website system
112th Congress: 2011-2012 To repeal the expansion of information reporting requirements for payments of $600 or more to corporations, and for other purposes. AMENDMENTS The following are amendments proposed for this legislation. Click an amendment's name to read the text of the amendment, where available. (1) H.Amdt. 174 from House Rules Pursuant to the provisions of H. Res. 129, an amendment in the nature of a substitute consisting of the text of H.R. 705 is considered as adopted. Proposed: Mar 3, 2011. (2) S.Amdt. 284 by Sen. Menéndez [D-NJ] To protect small businesses from health insurance premium increases or losses of health insurance coverage. Proposed: Apr 4, 2011.
So now let me get this right, I get $75 as a Tax credit, Cool..
Here is what was signed into Law;
Congressional Research Service Summary The following summary was written by the Congressional Research Service, a well-respected nonpartisan arm of the Library of Congress. GovTrack did not write and has no control over these summaries. 4/5/2011--Passed Senate without amendment. (This measure has not been amended since it was passed by the House on March 3, 2011. The summary of that version is repeated here.) Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011 - Amends the Internal Revenue Code to: (1) repeal requirements for the reporting to the Internal Revenue Service (IRS) of payments of $600 or more to corporations that are not tax-exempt and of gross proceeds paid in consideration for any type of property; (2) repeal requirements for reporting payments made with respect to rental property which is not part of a trade or business; and (3) increase, for taxable years ending after December 31, 2013, the advance applicable dollar amount of the tax credit for health care premium assistance for taxpayers whose household income is less than 400% of the poverty line.
So Uncle Sam can rent a corporations building, the corporation doesn’t need to report the income (fully)…Humm Ok ( I will be fair.) fully, as long as the amount is over $600.00 the corporation doesn’t need to report it, okay that might be cool is Uncle Sam was in Business…But the next line kills it all..All corporations now do not have to report incomes of rental property which are not part of trade or business. And the final straw of this and the reason I now set and write this little note. Health care assistance, They want me to smile about this…..
Grandpa’s view of a Politian “They are there to steal from ya, watch you can tell, see they are smiling.”
I say well dang high school civics teachers, One vote counts ok, lets throw them all out one vote at a time. There was 273 co-sponsors to this bill, both Republican and Democrat. Chas Della Silva Boise ID