The news is too bad to hear or watch.  We all hope they (our new masters, bristling with new-found authority and kindergarten talk) don’t get away with a fraction of their nonsense.  But they might.  Apparently they’re going to push through a “law” that spends 1.9 Trillion, mostly to bail out the indebtedness of New York and California, which are still milking the COVID panic.  Where’s all that money coming from?  Oh, they’ll just add it to the national debt.  It might be worth pointing out that a handful of states, (Florida, Texas, South Dakota…) those that wouldn’t do the COVID shuffle, are the ones that are carrying the weight of the whole United States.

We’re not sure why the “vaccine” is being lauded and praised.  First of all, it’s not a vaccine and it doesn’t work like one.  Some people are not reacting well to it, and some have died trying to become immune.  Organizationally, we don’t tell people what to do or not do.  Just like all other matters, it’s between you and God and none of our business.  We expect that people will make informed decisions that are not swayed by fake news and fraudulent polls.  If you rely on them you’ll conclude that most people are nuts.  But that didn’t just start, it’s been going on for years.

If you believe the mainstream, you’ll conclude that people just can’t wait to get the government boot on their necks.  “Tell us what to do and when to do it.  And punish us severely if we don’t hop to.”  Isn’t it wonderful?

Go ahead.  Break the back of the United States so we can all feel good about ourselves.  And by all means, let’s get as many Central and South Americans up here so we can finance their American dreams.  We feel better already.  Except none of this is going to work long term.  Spending this country into oblivion is not the answer to any of the emotional nonsense that spews out of every device.  Federal compassion doesn’t apply to American citizens, who are nothing but racists anyway according to the truly enlightened.  These COVID bail-out checks are just an attempt to get as many as possible hooked on the idea that the government should be responsible for everybody’s needs.  There’s not anything American about it.  It’s not our way, at least it wasn’t.

The border situation is a full-blown catastrophe, sorry to tell you.  There are reports and photographs showing that the drug cartels and human traffickers are running the show now.  People are piled up at the border, each having paid smugglers thousands, if not tens of thousands for the promise of entering and going on the dole.  What’s up with all the unaccompanied minors?  Apparently the land of promise has unlimited compassion and doesn’t mind spending several generations out into the future to prove it.  Most of these do-gooders won’t live long enough to see the blight they’ve ushered in.

What are we supposed to think when the military is most concerned about free “transition surgery?”  Apparently we have a lot of pregnant women flying fighters and bombers, because the speech that nobody watched let us know that one of the great accomplishments of the new regime is the advent of “maternity flight suits.”  There are no good words to say about it.

The man acting as president must read the teleprompter and never, but never speak off the top of his head.  If you’ve seen some of what he’s said when not scripted, even lately, you’ll know his minders cannot afford to have him stray from the carefully crafted script.  It seems designed to make everyone who loves the country apoplectic, while appealing to the faculty lounge mentality.  We’re beginning to wonder what will become of the military, what will become of the greatest nation on earth?  Right now it looks like we want China to overtake America in every conceivable way.  What, are we going to stand up to them with?  Homos, trannys and pregnant women?

We hate to say so, but it’s too obvious to pretend otherwise.  This is the fake messiah’s third term.  Gone is any former pretense of caring about America’s citizens or the country’s future.  Joe will read what he’s told to read, and you can just suck it up while you’re contemplating what racists we all are.  We had no idea it would end up this way, and still hold out hope that it won’t.  There were numerous miracles and impossible interventions that allowed for the formation of the United States.  Had God not ordained it, we wouldn’t be here, having lived our lives in freedom as we have.

But the rejection of God, calling his judgments “bigoted,” and the introduction of nonsensical clap-trap is going to be the end of it.  Whether the pretense that the experts are going to “save the climate,” or the “planet,” or the introduction of government-sponsored “transitions,” or the revocation of freedoms the Constitution guarantees, it’s going to take Divine intervention if this juggernaut is ever to be turned around.  We don’t rule it out.  But people better come to their senses and stop cooperating with the destruction.

Mark

Source:  http://www.intercontinentalcog.org/fridayupdates.php

The post Weekly Update by Mark Armstrong – 12 March 2021 first appeared on Garner Ted Armstrong Evangelistic Association.

Democrats snuck a handful of surprise tax hikes on corporations in President Biden‘s sweeping coronavirus relief package that combined are worth more than $60 billion.

One provision in the $1.9 trillion stimulus bill limits deductions for publicly traded companies that pay their top employees more than $1 million for tax years beginning after 2026. Another extends a cap on how much certain unincorporated business owners can deduct against their non-business income to reduce their tax liability and the third clamps down on how multinational corporations do their taxes.

The Biden administration has been reluctant to raise taxes during the pandemic, with millions of businesses and families still reeling financially. But according to Politico, which first reported the news, Democrats ran into an issue with rules that strictly regulate legislation being passed via budget reconciliation.

US SPENDING ON COVID RELIEF POISED TO HIT $6T WITH PASSAGE OF BIDEN’S RELIEF BILL

Had Democrats exceeded their $1.9 trillion budget cap for the plan, they risked facing an insurmountable Republican filibuster in the Senate. But by adding the tax increases, Democrats managed to keep their plan’s cost in check, even with the last-minute addition of a measure that waives taxes on the first $10,200 in unemployment benefits.

The House passed the aid package on Wednesday afternoon, sending the bill to Biden’s desk. The president plans to sign the bill into law on Friday, the White House said.

To offset the costs, Democrats extended a $500,000 limit on how much businesses formed as pass-through entities can deduct in losses from nonbusiness income like stocks and bonds by an additional year. The cap, part of Republicans’ 2017 Tax Cuts and Jobs Act, was poised to sunset in 2025. It’s expected to raise $31 billion, according to the Senate Finance Committee.

SOME FAMILIES COULD RECEIVE UP TO $14,000 FROM BIDEN’S RELIEF BILL

But critics suggest its inclusion violates Biden’s campaign promise to not raise taxes on Americans earning less than $400,000. An analysis last year by the Joint Committee on Taxation, a non-partisan organization, found that the cap would raise taxes on 45,000 taxpayers who earn less than $200,000.

“If Biden and Harris want to keep their pledge, they must veto the bill or instruct congressional Democrats to insert bill language exempting households making less than $400,000 in a given year,” said Alexander Hendrie, director of tax policy at the Americans for Tax Reform.

Democrats expect to produce $22 billion in new revenue by permanently repealing a provision in current law that gives U.S. multinationals the leeway to choose how to account for their interest costs when they do taxes.

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The legislation will also raise roughly $6 billion in new revenue by targeting executive compensation; under current law, businesses are able to deduct most employees’ pay — generally barring that of the CEO, CFO, and the three highest-paid officials — from their tax bill.

But Democrats modified the law to include five other highly paid officials in the restriction, bringing the total number of employees to 10.

Of course, the tax increases are far outweighed by the amount of tax revenue cut by the relief legislation, worth an estimated $590 billion, according to the official Joint Committee on Taxation. The stimulus bill includes a $1,400 stimulus check for millions of Americans and a generous, one-year expansion of the child tax credit.

The post Biden’s coronavirus relief bill includes $60B in surprise tax hikes first appeared on Garner Ted Armstrong Evangelistic Association.