Tag: Plutocracy

Tax Exemption for Churches (Is the Wrong Question)

For the many-th time, I see a repost from Twitter on some other social media site, complaining about the wealth of mega-church pastors, and trying to rile people up about how churches should NOT be tax exempt. And, sure, Joel Olsteen’s lifestyle is a mockery of Jesus’ life, but there are only a handful of “mega” churches and “mega church” pastors in this country. Meanwhile, many, many thousands of the so-called 1% in this country pay a lower tax rate (and sometimes, ACTUAL tax) than the average, blue- or white-collar person does.

As a country swimming in debt, we would get a lot more mileage out of calling for meaningful taxation of billionaires and multi-hundred-millionaires before we start worrying about removing tax exemptions for churches and pastors. I think those posts and reposts on Twitter are probably jointly paid for by The Koch Brothers and George Soros, for the class-warfare angle. And maybe Bill Gates, for the anti-religion angle.

Joel Osteen pays taxes on his income. How much of it he has managed to shelter from the IRS is a game played just like all the rest of the 1%. The church, as a non-profit, does not pay taxes, because the money being received in donations cannot be considered a profit to tax. That’s the definition of how non-profit organizations work.

Churches are supposed to be prevented from getting involved in politics. It’s part of the deal in being religiously tax-exempt. (How this works when Presidents and candidates go to churches and make speeches from the pulpit is quite beyond me, but I digress.) If you start taxing churches, then there’s no reason for them not to get heavily involved in promoting particular candidates, and forming political action committees, just like corporations, taking an active role in getting people elected, and lobbying government for favorable treatment.

You may retort that large, corporate churches like the Catholics or Mormons already exert a huge influence on government, and I’d say you’re right, but it’s still less than the average Fortune 100. If we open the floodgates here… With the “war chests” accumulated by both of those organizations? As they say: you ain’t seen nothing yet.

Do the people calling for the removal of tax exemptions for churches really understand what they’re asking for? I don’t think they do.

Smokers up to 80% more likely to be admitted to hospital with Covid, study says

Smokers are 60%-80% more likely to be admitted to hospital with Covid-19 and also more likely to die from the disease, data suggests.

A study, which pooled observational and genetic data on smoking and Covid-19 to strengthen the evidence base, contradicts research published at the start of the pandemic suggesting that smoking might help to protect against the virus. This was later retracted after it was discovered that some of the paper’s authors had financial links to the tobacco industry.

Source: Smokers up to 80% more likely to be admitted to hospital with Covid, study says

Have we learnt literally nothing in this post-modern, guerillara-warfare, attention-and-tracking, profit-seeking economic environment? There are some people who get really upset that other people refuse to get a COVID vaccine. However, you have to understand that it’s precisely this sort of garbage “science” and garbage “reporting,” in the name of driving profits for some monstrous corporation, to the benefit of the new aristocracy of plutocrats, that causes people to distrust everything they read in a “serious” publication, including the truth, and turn to Facebook groups and conspiracy theories. So if you find yourself upset that the government can’t convince a huge slice of the population to get vaccinated, lay the blame at the feet of the tobacco and oil industries, and to all the sleazy mega-corps that have followed their playbook for the past 70 years, by producing fake “science” and getting fake “news” to report on it.

On eve of bankruptcy, U.S. firms shower execs with bonuses – Reuters

Source: On eve of bankruptcy, U.S. firms shower execs with bonuses – Reuters

Every time there’s a hiccup now, the government slathers a bunch of money all over all the current-crony companies, when the entire point of a corporation was to bear the risk of the market to reap the rewards of the profit. (Which they then hide in offshored shell companies.) Companies are running this country. We have a corporatocracy. Or maybe just a plain old plutocracy. The older I get, the more this sort of thing makes me nauseous. Let these companies fail, and give smaller companies a chance to get their foot in the door to take up the slack. No matter how much of a fan you may be of capitalism, you have to admit that the “market” is completely broken. Whatever it is we have at this point, it is NOT capitalism.