Taxmegeddon

In this The Week magazine is the Briefing article titled Countdown to Taxmegeddon. The gist is because the CES and our Congress can not and will not work together they have kept kicking the budget ball a little bit further so as not to actually deal with the issue. Now with the election strategies being in full force, the ball is being kicked out further still. Thing is this ball has an expiration date – and it is midnight December 31, 2012. Now barring a Mayan calendar, Nibiru cataclysm occurring – our government needs to address the matters involved with this ball that they keep kicking ahead. From the article – emphasis added:

…a combination of $8 trillion in tax hikes and spending cuts scheduled to begin taking effect Jan. 1, 2013. If the country goes off that cliff, economists say, we’ll plunge right back into recession. At midnight on Dec. 31, the Bush-era tax cuts are due to expire, raising income tax rates across the board to levels last seen in 2001. President Obama’s 2 percent payroll tax holiday will end, too, along with a host of other business and investment tax breaks. All told, four out of five U.S. households would face an average of $3,701 more in taxes next year, according to the Tax Policy Center; the federal government’s tax haul would increase by $399 billion….At the same time, the first $100 billion in automatic cuts to defense spending and domestic programs such as Medicare will kick in, under an agreement reached last summer by a congressional super-committee. Together, these measures would squeeze more than $600 billion out of the economy next year alone.

If Congress and the White House don’t act, according to the Congressional Budget Office, the massive tax hikes and spending cuts could knock 4 percent off the country’s projected economic growth. That would probably mean a 1.3 percent contraction in the first half of the year — a recession. “It’s two to three times bigger in negative terms than even the biggest year of the stimulus was in positive terms,” said Austan Goolsbee, former chairman of President Obama’s Council of Economic Advisers.

What this means is following the election the two parties will know who is victor and then the victor will push their agenda in the effort to deal with this ball in their own way. The REALITY is the so-called losing side of the election is not going to be ‘in the spirit” to cooperate (see Congress since the last election) so what is actually good for the citizens = the country will be kicked to the curb in the ongoing political warfare known as partisan politics. What is required is the citizens of the USA to revolt against the current mutated system and install a federal government that is acting for the best of the country. Sad truth is —– it won’t happen. The society in our country today is secular, narcissistic and immoral and the so-called founding fathers wrote the framework for our country with the mentality that the people of the nation would be moral, other-centered and God fearing. Today what we have as a nation of people is – individuals more infatuated with so-called reality TV, sports and entertainment . The haves and have-nots have a horrendous gap separating them and a mentality of us vs. them so that each side pushes the other side even further and further away.  Our country – my country – is on life-support  and I’m not sure the healthcare staff (government) is going to actually save the patient. We have huge problem that is going to come to its full maturity and when it does our nation will die. It is inevitable.

Proverbs 29:2 KJV  When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.

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icubud

Glory to God in the highest, THEN - peace on earth and goodwill to men (Luke 2:14). So peace on earth and goodwill to the human race can not occur until their is first - Glory to God in the highest. This will never be accomplished nor desired by the UN or the USA governments. Hence the Second Advent. Moment by moment I want to grow correctly in the grace, knowledge, wisdom and understanding of ALMIGHTY GOD. Spiritually I consider myself a saved Bible believer but so as to hopefully avoid some of the stigma that is heavily steeped on anyone who does not designate a denomination, I must consider myself an independent saved Bible believing Baptist. But Baptist denominations are highly polluted with leaven and such. I am a Christian in the true definition of the word which is given in Acts 11:26. Roman Catholicism and Orthodox Catholicism are NOT Christian. R.C. has been a great and successful tool in 1) making people not want to be a Christian and 2) making the majority of its believers/followers/members die and go to hell. I have great concern for everyone's present, temporal state of things and the future, eternal state of things. Politically I consider myself an independent, that unfortunately due to the limited choices, usually votes Republican. I am praying for legitimate third and fourth parties to gain traction in our society so that they will provide some better candidates. I am hoping for a bloodless American Spring. I believe one of the greatest detriments to our society here in the USA is the MSM (mainstream media), the judicial system and Congress. MAGA!! WWG1WGA #45 #17 Our country needs to make term limits for those who hold a seat in Congress. The individual can not serve more than 8 years in their lifetime in any capacity of Congress. And yes I voted for Trump both times and will do so again. Some people I admire: The Lord Jesus Christ (wholly God and wholly man), all those who gave their lives as recorded in the Foxe's Book of Martyrs and those since then that have been executed because they would not deny their saving faith in the Lord Jesus Christ, William Tyndale, John Wycliffe, Matthew Rogers, Gipsy Smith, DL Moody, Clarence Larkin, Ronald Reagan, John Knox, Martin Luther, Apostle Paul, the 12 disciples/apostles listed in Acts 1, Samuel the prophet, William Evans, Ph.D., D.D., Litt. D, Edward F. Hills A.B. - Yale, Th.M. - Columbia, Th.D. - Harvard; JTC, Archbishop James Ussher, John Frith, Erasmus, Alexander Hislop, Avro Manhattan, Dean Burgon, 161 1 KJV Bible Translators, Susanna Wesley, Susannah Thompson Spurgeon, PSR & Gail Riplinger. Some "things" that I like: Conscientiousness, well-marked books, kindness, romance, appreciation, morals, empathy, big hugs, nuzzling, eyes, long hair, gray/silver hair, beauty, modesty, when a women is a "lady", good coffee, windy days or nights, the sound of rain, cold weather, spring, autumn (except all the leaves to rake), roaring fire in the fireplace or pit, a good meal, gestures from a loving or friendly heart, the oceans/large lakes, music, coffee houses/cafes, books!, grand libraries, well used bookshelves, peace, white fluffy clouds in a blue sky, birds nesting, bunnies!, chipmunks!, wildlife when its not predatory, learning, smell of bread or pizza baking, the smell of coffee, the Basque, collection of information/data/inputs of various kinds, snow, gratitude, connecting the dots in life, old people still in love and are best friends, a good mystery, good film/tv/etc., internet, clocks and watches, trains/railroad, symbols, history of many types, good conversation/discussion, my music collection, studying the Bible, a well-marked Bible, crunchy snacks, handwritten correspondence & journals/notes, preparing meals for people who will appreciate it, beautiful gardens, blueprints, maps, REAL friends, boat rides, good Bible preaching/teaching, the mountains, the wilderness, hiking, teamwork, correspondence, wisdom, simplicity in the right places & quiet. Some "things" I loathe: The Alexandrian Cult and its supporters, FAKES, bullying, making fun of people, grief, taking advantage of people, neglect, disregard of others, raunchiness, hate, bossy people, brutality, war, fighting, cursing, degradation of society, evil, wickedness, narcissism, liars, abuse of any kind, loss of innocence, smell of burnt popcorn, nosy people, death, fake friends, disingenuous, being forgotten, not being valued, loss, broken heart, deceit, disrespect, manipulators, arrogance, loud people, troublemakers, self-entitlement, non-stop talkers who are completely self-absorbed and make everything in someway related to themselves,

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