Income Inequality In America

Locutus

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Jun 18, 2007
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‘Comedian’ who gave $1 million to pro-Obama super PAC laments too much money in politics


MAHER: The problem with ObamaCare is not too much socialism. It’s still too much capitalism. The reason why it’s so screwed up is because we have to have this Rube Goldberg plan that allows for pharmaceutical companies to get their cut and insurance companies to get their cut and hospitals to enrich themselves and doctors to get rich. It should be a non-profit thing. Perhaps elections should not be a profit-making endeavor or cost $2 billion.



bill maher

:lol:


 

El Barto

les fesses a l'aire
Feb 11, 2007
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Quebec
‘Comedian’ who gave $1 million to pro-Obama super PAC laments too much money in politics


MAHER: The problem with ObamaCare is not too much socialism. It’s still too much capitalism. The reason why it’s so screwed up is because we have to have this Rube Goldberg plan that allows for pharmaceutical companies to get their cut and insurance companies to get their cut and hospitals to enrich themselves and doctors to get rich. It should be a non-profit thing. Perhaps elections should not be a profit-making endeavor or cost $2 billion.



bill maher

:lol:


What's so funny?
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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A Mouse Once Bit My Sister
What's so funny?


What's funny about this is that Maher most likely took full advantage of the $1 million tax deduction to donate to Obama's campaign.

Far be it for Maher to do his own bit to close the income gap - he donated that amount knowing that if he didn't, he'd only end up paying it to the IRS that would no doubt waste the money on things like social programs or low income housing
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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What's funny about this is that Maher most likely took full advantage of the $1 million tax deduction to donate to Obama's campaign.

Far be it for Maher to do his own bit to close the income gap - he donated that amount knowing that if he didn't, he'd only end up paying it to the IRS that would no doubt waste the money on things like social programs or low income housing

There is no tax deduction for political contributions. Sorry.
 

El Barto

les fesses a l'aire
Feb 11, 2007
5,959
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Quebec
I'm generally amused by people who think that it's somehow wrong to take advantage of a rule while trying to change the rule. Only when people they don't like do it, of course.
I don't know ,. sounds like a tactic in the right wing play book to me ...the only thing they are expert at is hating.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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I'm generally amused by people who think that it's somehow wrong to take advantage of a rule while trying to change the rule. Only when people they don't like do it, of course.

It's the same line of thinking that has people criticizing politicians who promote action on climate change but fly planes.

These people will never understand that we require a shift in policy on certain issues if you truly want change.

I don't know ,. sounds like a tactic in the right wing play book to me ...the only thing they are expert at is hating.

It's because they are old.
 

Tecumsehsbones

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captain morgan

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.. Did you really think that Obama tooled on down to the local branch of BofA with his novelty cheque and deposited it directly?

Tax Report: Is Your Political Donation Deductible? - WSJ.com

"The other main body of law governing political giving is the one for nonprofit organizations, which is even more opaque at points. Several categories of nonprofits, including charities, "social welfare" groups and trade associations, are allowed to engage in political activities. But their tax treatment varies, and different types of groups are permitted to engage in politics in different ways."
 

Tecumsehsbones

Hall of Fame Member
Mar 18, 2013
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.. Did you really think that Obama tooled on down to the local branch of BofA with his novelty cheque and deposited it directly?

Tax Report: Is Your Political Donation Deductible? - WSJ.com

"The other main body of law governing political giving is the one for nonprofit organizations, which is even more opaque at points. Several categories of nonprofits, including charities, "social welfare" groups and trade associations, are allowed to engage in political activities. But their tax treatment varies, and different types of groups are permitted to engage in politics in different ways."

This is from your own post:


"What's funny about this is that Maher most likely took full advantage of the $1 million tax deduction to donate to Obama's campaign."

Boldface mine.

Dance all you like. I've demonstrated my point.
 

captain morgan

Hall of Fame Member
Mar 28, 2009
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This is from your own post:


"What's funny about this is that Maher most likely took full advantage of the $1 million tax deduction to donate to Obama's campaign."

Boldface mine.

Dance all you like. I've demonstrated my point.

My bad... After all, Maher did donate at the Super Pac, did he not?

Guess you should have picked-up on that too.

Regardless, here's another way that the system allows for deductions.

Wal-Mart to HP Reap Worker Political Donations Through Charities - Bloomberg
 

Cliffy

Standing Member
Nov 19, 2008
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It's because they are old.
Hey! I object. I'm old but I hate nobody. In fact, I like everybody for providing humour in my life by being absurd and believing politics has any relevance other than providing cover for those who really make all the decisions that run the country, for believing in the absurdity of ancient texts and thinking that humans have evolved past the cave man mentality. I am thankful every day that I get to watch, what amounts to, Monty Python 24/7 every day of the year.