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Thread: Acting IRS commissioner resigns in wake of agency scandal

  1. #171
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by ocean515 View Post


    Really? You really want to do this?

    Ok.

    California pension liabilities may swell to $328.6 bln -report | Reuters

    Bankrupt California city to resume paying pension fund, but not bondholders | Reuters

    California cities looking for economic recovery

    Despite signs of economic recovery, many parts of the nation's most populous state are feeling a hangover from the collapse of housing prices, prolonged high unemployment and resulting declines in revenue. They are confronting soaring demands for spending on public workers' pensions and retiree health care while slashing services, rolling back pay and laying off cops, firefighters and other workers.


    So?
    So where's the pie chart showing what percentage of the state's debt comprises pension spending?

    Pretty silly to say that pension funds have "decimated" state coffers if they don't comprise the bulk of the debt, eh?

    But we'll make it easy for you since you managed to actually cite something at all (a major 1st for a conservative!)--here's actual figures from the State of California's Governor's 2013 - 2014 Budget. . .

    http://www.dof.ca.gov/documents/Full...ry_web2013.pdf

    Now look at the debt chart (Fig. INT-03) showing spending needed to cover current debt in the state at the end 2013. Deferred payments to CalPERS (public employee pension system for CA) will be $ 0.4 billion, whereas total payment to service debt in 2013 will be $27.8 billion.

    So 0.4/28.8 = 0.013 = 1.3%

    An obligation comprising 1.3% of total debt payments isn't exactly the one breaking the bank, is it ? ?

    Quote Originally Posted by penn1954
    You are so busted !!!
    Since when do we get in troubling for humiliating righties? is that a new forum rule?

  2. #172
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by clownboy View Post
    Because a pro-abortion one does?
    Hello, clownboy.

    On what basis did BHO's Kenyan brother get fast-track approval for his application, ahead of groups that had been waiting a long time?

  3. #173
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by penn1954 View Post
    I've noticed they go away quickly when they've been busted !!

    Hi Ocean & Hi Polgara hope alls well just reading posts.
    All is well

    You're in Ft Wayne?

    Good memories from Ft Wayne.

  4. #174
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by longview View Post
    No group should, but since they do, the rules should be applied equally across the political board.
    You are incorrect. Some groups are eligible for a tax exemption, but purely political groups are not.

  5. #175
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by ocean515 View Post


    And then, poof, they're gone...
    Would that it were that easy! :

  6. #176
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by Amadeus View Post
    You are incorrect. Some groups are eligible for a tax exemption, but purely political groups are not.
    IMHO, charitable donations to Limbaugh University should be tax-exempt. Conservatives shouldn't be punished twice for the same mistake

  7. #177
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by solletica View Post
    So where's the pie chart showing what percentage of the state's debt comprises pension spending?

    Pretty silly to say that pension funds have "decimated" state coffers if they don't comprise the bulk of the debt, eh?

    But we'll make it easy for you since you managed to actually cite something at all (a major 1st for a conservative!)--here's actual figures from the State of California's Governor's 2013 - 2014 Budget. . .

    http://www.dof.ca.gov/documents/Full...ry_web2013.pdf

    Now look at the debt chart (Fig. INT-03) showing spending needed to cover current debt in the state at the end 2013. Deferred payments to CalPERS (public employee pension system for CA) will be $ 0.4 billion, whereas total payment to service debt in 2013 will be $27.8 billion.

    So 0.4/28.8 = 0.013 = 1.3%

    An obligation comprising 1.3% of total debt payments isn't exactly the one breaking the bank, is it ? ?



    Since when do we get in troubling for humiliating righties? is that a new forum rule?



    I'd suggest bankruptcy is a strong indicator of a decimation of a cities finances.

    Please move along, you're embarrassing yourself...

  8. #178
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by penn1954 View Post
    I've noticed they go away quickly when they've been busted !!

    Hi Ocean & Hi Polgara hope alls well just reading posts.
    Good afternoon to you, penn1954!

    Ocean has been showing us how easy it is to say things in smilies! : Hope you're enjoying your day!

  9. #179
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    I think some people are 'high' on scandal fumes.

  10. #180
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    Re: Acting IRS commissioner resigns in wake of agency scandal

    Quote Originally Posted by solletica View Post
    Don't tell the righties/tpers that. It'll make them feel bad
    Why? Because he wasn't fired?

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