4 ms·

or the PATRIOT Act ...

by jdp23 16y ago

yummyfajitas 16y ago
Or the "Heroes Earnings Assistance and Relief Tax Act of 2007" The more detailed title: "To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for other purposes." http://www.opencongress.org/bill/110-h3997/show http://www.opencongress.org/bill/110-h3997/show It's only when you read the text you discover things like tax credits for low sulfur diesel fuel, tax subsidies for small business, and a $700 billion bailout for the financial services industry.
- gyardley 16y ago
  Ah, yes, the 'Heroes Earnings Assistance and Relief Tax Act of 2007'. I'm no tax attorney, but I believe that was the act that subjects me to immediate capital gains tax on all my illiquid assets (read: start-up stock) at their fair market value should I ever stop being a permanent resident of the United States. Woo, nothing like potentially bankruptcy-causing exit taxes, especially when they're triggered by losing permanent residency - a status that's not 100% up to me. And my fiancee wonders why I get nervous whenever I cross the American border. Can you believe I was eventually planning to naturalize when I got my green card eight years ago? Now that just cracks me up.
jdp23 16y ago
Thanks everybody for the upvotes! For the latest on the PATRIOT Act, please see http://bit.ly/feb16news http://bit.ly/feb16news
- jdp23 16y ago
  It's interesting that this was downvoted while the parent was upvoted. My initial reaction is that people on Hacker News react positively when somebody makes a snarky remark about the PATRIOT Act, but react negatively when told how they can make a difference. Or is there some other explanation?
Bossman 16y ago
Heh. The Patriot Act was the biggest in recent history. Remember how little debate there was when the entire Congress was afraid of looking weak after 9/11? You'd think some of them would go back and read the bill and have second thoughts, but it looks like 10 years later, we're going to renew it again.

or the PATRIOT Act ...

by jdp23 16y ago

or the PATRIOT Act ...

Or the "Heroes Earnings Assistance and Relief Tax Act of 2007" The more detailed title: "To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to members of the uniformed services, volunteer firefighters, and Peace Corps volunteers, and for other purposes." http://www.opencongress.org/bill/110-h3997/show http://www.opencongress.org/bill/110-h3997/show It's only when you read the text you discover things like tax credits for low sulfur diesel fuel, tax subsidies for small business, and a $700 billion bailout for the financial services industry.

gyardley 16y ago
Ah, yes, the 'Heroes Earnings Assistance and Relief Tax Act of 2007'. I'm no tax attorney, but I believe that was the act that subjects me to immediate capital gains tax on all my illiquid assets (read: start-up stock) at their fair market value should I ever stop being a permanent resident of the United States. Woo, nothing like potentially bankruptcy-causing exit taxes, especially when they're triggered by losing permanent residency - a status that's not 100% up to me. And my fiancee wonders why I get nervous whenever I cross the American border. Can you believe I was eventually planning to naturalize when I got my green card eight years ago? Now that just cracks me up.

jdp23 16y ago

Thanks everybody for the upvotes! For the latest on the PATRIOT Act, please see http://bit.ly/feb16news http://bit.ly/feb16news

jdp23 16y ago
It's interesting that this was downvoted while the parent was upvoted. My initial reaction is that people on Hacker News react positively when somebody makes a snarky remark about the PATRIOT Act, but react negatively when told how they can make a difference. Or is there some other explanation?

Bossman 16y ago

Heh. The Patriot Act was the biggest in recent history. Remember how little debate there was when the entire Congress was afraid of looking weak after 9/11? You'd think some of them would go back and read the bill and have second thoughts, but it looks like 10 years later, we're going to renew it again.