Prepared Society Forum banner
1 - 15 of 15 Posts

·
Registered
Joined
·
633 Posts
Discussion Starter · #1 ·
HR 2411 states that every worker in America should be able to voluntarily(?) have a portion of his/her wages automatically withheld and sent directly to the Treasury Department for the purposes of paying down the federal debt. "Every employer making payment of wages shall deduct and withhold upon such wages any amounts so elected, and shall pay such amounts over to the Secretary of the Treasury…"


On July 6th, just two days ago, at least a dozen busybody Congressmen sponsored the introduction of HR 2411, the "Reduce America's Debt Now Act of 2011." They always come up with fantastic names for these pieces of legislation… and rest assured, the better/more patriotic the name, the more ominous the bill. This one follows the pattern.

HR 2411 states that every worker in America should be able to voluntarily have a portion of his/her wages automatically withheld and sent directly to the Treasury Department for the purposes of paying down the federal debt.

"Every employer making payment of wages shall deduct and withhold upon such wages any amounts so elected, and shall pay such amounts over to the Secretary of the Treasury…"

That's right. Uncle Sam is so broke that he wants to give all the good little Americans out there the opportunity to contribute an even greater portion of their paychecks to finance government largess.

Desperate? Hmmm…. Don't worry, it gets better.

Obviously, if an employee feels so compelled and should elect to have a portion of his/her paycheck withheld, the onus of responsibility is now on the employer to make it happen. The employer has to do all the paperwork, withhold the money, send the payment to the Treasury, maintain the account records, and probably submit to all kinds of new filing requirements.

You can imagine that, if passed, the bill will result in a host of new IRS regulations, complete with a battery of penalties for employers who don't fill out the paperwork properly, submit filings on time, or make some administrative mistake.

Think about it: if a small business owner has one single employee who is dumb enough to think that it's his patriotic duty to pay down the debt and decides to contribute $1/month, that owner will have the responsibility for all kinds of new forms and filings, plus submit to new 'debt reduction audits.'

But don't worry, it gets even better.

So let's say there are millions of sheep out there who elect to donate a portion of their toil and sweat so that the Chinese and big financial institutions don't have to worry about an American default. How does Congress plan on rewarding its most patriotic citizens? By sticking it to them on their taxes, of course.

HR 2411 stipulates that any contribution made to the Treasury in order to pay down the federal debt IS NOT TAX DEDUCTIBLE.

"The [Treasury] Secretary shall include. . . a reasonably conspicuous statement that any amounts deducted and withheld from wages. . . are not deductible as charitable contributions for Federal income tax purposes."

Imagine this scenario: You make $100,000/year. In a fit of complete insanity, you decide that you want to withhold your entire annual salary to pay down the debt. Hey, you can always move in with mom for the next year, right?

Well guess what- Uncle Sam will gladly take your money… and then STILL expect you to pay taxes on the $100,000 that you earned, so you'd have to come out of pocket with an additional $40,000 or so.

Don't worry, though. The Social Security and Medicare wages are reduced by the amount that you withhold, making you only liable for state and federal taxes. Seems like a good deal, eh comrades?

There are so many things utterly wrong with his piece of legislation, it's hard to know where to begin other than by saying that such intellectual and philosophical perversion is only capable of springing from unprincipled sociopaths whose sole capability is the destruction of value.

There's a great quote from Atlas Shrugged that comes to mind which sums this all up:

"[W]hen you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed."

THESE PEOPLE ARE RESPONSIBLE FOR THE ADOPTION OF THIS BILL

Mr. CRAWFORD (R-ARK)
Mr. TIBERI (R-OH)
Mr. FINCHER (R-TN)
Mr. LANDRY (R-LA)
Mr. DENHAM (R-CA)
Mr. DOLD (R-IL)
Mr. FLORES (R-TX)
Mr. GRIFFIN (R-ARK)
Mr. AUSTIN SCOTT (R-GA)
Mr. HUIZENGA (R-MI)
Mr. PALAZZO (R-MS)
Mr. GUINTA (R-NH)

Here's the full bill Bill Text - 112th Congress (2011-2012) - THOMAS (Library of Congress)

My question to you guys is:

Do you think that it will start out voluntarily and be required later? Just like wearing seat belts were voluntary until it was required? Or is this a great plan for Americans to help the government get out of debt?
 

·
Seeking The Truth
Joined
·
7,938 Posts
Well we'll show them,next election'sarcasm!:D

Just you wait and see when my man or woman ges in there theres some big changes gonna happen.Curtains up,lights the lights,we got nothing to hit but the heights,EVERYTHINGS COMING UP UP ROSES!:nuts:
 

·
The wanderer
Joined
·
4,350 Posts
Oh, ha ha, instead of cutting the ridiculous pork spending they want regular americans, who are already struggling with a budget, to hand them more money so they don't HAVE to cut back? We're supposed to cut back EVEN MORE so THEY don't have to?

Hey, I've got a cool idea! I don't want to have to keep being so restrictive with our budget, and I'm spiraling deeper into that financially-challenged category...why don't all of you voluntarily send me some of your paychecks so I don't have to cut back or keep living on such a tight budget? :D (I won't bother to post my address here because none of you are stupid enough to send it!)
 

·
Adventurer at large
Joined
·
541 Posts
These leeches on our society (that call themselves our 'leaders') just don't get it. Another tax (and that is what this IS!) is not the way to reduce any debt. REDUCING spending is the way. The only way!! :mad:

My IT team here at work (State employees) have already had the job of factoring in new regulations and codes into our state payroll system. Takes a lot of work, on a tight timeline. Now, if this odious legislation gets passed, the workload goes up again! With the trouble we have, using an IT team to do this, I can only imagine the increased problem for small employers who have no IT people on board! Errors will mount, and penalties will be high......

The more The Government works on this 'problem', the worse it gets....... :scratch
 

·
Seeking The Truth
Joined
·
7,938 Posts
A nation of sheep will be governed by wolves.Who said that?:scratch

Not only sheep but lazy suicidal sheep.We don't even have to use violence to take back whats ours,we just have to get up walk outside get into our coach and ride to where they are commiting their treasons against us.:D
 

·
Member
Joined
·
803 Posts
I will be on Mr. PALAZZO (R-MS) like white on rice Monday....I will ask him if he has lost his mind....

Jimmy
 

·
Just getting started. Always.
Joined
·
1,810 Posts
Oh, yes, I will happily give more money to the gubt than they already steal from me. Just like that box that asks if I want to donate to the campaign fund of the current president.
Hah! Youre joking, right?
 

·
Zookeeper
Joined
·
145 Posts

THESE PEOPLE ARE RESPONSIBLE FOR THE ADOPTION OF THIS BILL

Mr. CRAWFORD (R-ARK)
Mr. TIBERI (R-OH)
Mr. FINCHER (R-TN)
Mr. LANDRY (R-LA)
Mr. DENHAM (R-CA)
Mr. DOLD (R-IL)
Mr. FLORES (R-TX)
Mr. GRIFFIN (R-ARK)
Mr. AUSTIN SCOTT (R-GA)
Mr. HUIZENGA (R-MI)
Mr. PALAZZO (R-MS)
Mr. GUINTA (R-NH)


Are all these people going to be using this law and sending in THEIR paychecks? (And whatever other "perks" they get.)
 

·
Registered
Joined
·
3,104 Posts
Those responsible for this bill, I'd like to see their bank statements...including offshore.
 

·
Registered
Joined
·
3,104 Posts
On Topic sort of?? I received this yesterday.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

These are all the programs that the new Republican House has proposed cutting.

Annual Savings

Corporation for Public Broadcasting Subsidy. $445 million
America 's Treasures Program. $25 million
International Fund for Ireland. $17 million
Legal Services Corporation. $420 million
National Endowment for the Arts. $167.5 million
National Endowment for the Humanities. $167.5 million
Hope VI Program.. $250 million

Amtrak Subsidies. $1,565 Billion

Eliminate duplicative education programs. H.R. 2274
(in last Congress), authored by Rep. McKeon,
eliminates 68 at a savings of $1.3 Billion

U.S. Trade Development Agency. $55 million
Woodrow Wilson Center Subsidy. $20 million
Cut in half funds for congressional printing and binding.$47 million
John C. Stennis Center Subsidy. $430,000

Community Development Fund. (ACORN?) $4.5 Billion
Heritage Area Grants and Statutory Aid. $24 million

Cut Federal Travel Budget in Half. $7.5 Billion
Trim Federal Vehicle Budget by 20%. $600 million
Essential Air Service. $150 million
Technology Innovation Program. $70 million
Manufacturing Extension Partnership (MEP) Program. $125 million
Dept of Energy Grants to States for Weatherization. $530 million
Beach Replenishment. $95 million

New Starts Transit. $2 Billion
Exchange Programs for Alaska , Natives Native Hawaiians, and Their Historical Trading Partners in Massachusett . $9 million

Intercity and High Speed Rail Grants. $2.5 Billion
Title X Family Planning. $318 million
Appalachian Regional Commission. $76 million
Economic Development Administration. (?) $293 million

Programs under the National & Community Services Act.$1.15 Billion

Applied Research at Department of Energy. $1.27 Billion
FreedomCAR and Fuel Partnership. $200 million
Energy Star Program. $52 million
Economic Assistance to Egypt . $250 million

U.S. Agency for International Development. $1.39 Billion
General Assistance to District of Columbia . $210 million
Subsidy for Washington Metro Area Transit Auth. $150 million
Presidential Campaign Fund. $775 million savings over ten years.
No funding for federal office space acquisition. $864 million
End prohibitions on competitive sourcing of government services.

Repeal the Davis-Bacon Act. More than $1 Billion

IRS Direct Deposit: Require the IRS to deposit fees for some services
it offers (such as processing payment plans for taxpayers) to the
Treasury, instead of allowing it to remain as part of its budget.
$1.8 Billion savings over ten years.

Require collection of unpaid taxes by federal employees. $1 Billion total WHAT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Prohibit taxpayer funded union activities by federal employees.
$1.2 Billion savings over ten years.

Sell excess federal properties the government does not make use of.
$15 billion.

Eliminate death gratuity for Members of Congress.
Eliminate Mohair Subsidies. $1 million
Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change. $12.5 million
Eliminate Market Access Program. $200 million
USDA Sugar Program. $14 million
Subsidy to Organisation for Econ Co-operation and Develop. (OECD).
$93 million
Eliminate the National Organic Certif. Cost-Share Program.
$56.2 million
Eliminate fund for Obamacare administrative costs. $900 million
Ready to Learn TV Program. $27 million

HUD Ph.D. Program.

Deficit Reduction Check-Off Act.

TOTAL SAVINGS: $2.5 Trillion over Ten Years

For crying out loud.. what a total waste.. fire them all, and no more funding to any of these types of fundings that are not approved by the PEOPLE.
 

·
Aesops Ant (not Aunt)
Joined
·
1,499 Posts
Amtrak Subsidies. $1,565 Billion
This must be a typo then.

Obviously this is not to the level of cutting most of us had hoped for. What is our current expenditure per year? I know I have heard it said that the gov't borrows 58,000$ per second... ugly.
 

·
Registered
Joined
·
3,104 Posts
This must be a typo then.

Obviously this is not to the level of cutting most of us had hoped for. What is our current expenditure per year? I know I have heard it said that the gov't borrows 58,000$ per second... ugly.
U.S. Gubermint..you know what they say..
It is what it is.:gaah:
 

·
Registered
Joined
·
113 Posts
I will not pay for their mistakes. I vote to fire them all and start completely over. They work for us on our dollar and they have failed time and time again and pass the blaim and lie. What happens to Joe American employees that act that way?........................ FIRED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
1 - 15 of 15 Posts
Top