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Frenns Liquor Depot

There is no shame taking the loan - that is their right and it's available to them to essentially helped keep people off unemployment.

That being said, I have found the Ayn Rand Foundation and Grover Norquist loans as the leaders out of the gate for to win the 'most inconsistent with the mission of the organization award'.

Skatastrophy

Quote from: Frenns Liquor Depot on July 08, 2020, 11:48:25 AM
There is no shame taking the loan - that is their right and it's available to them to essentially helped keep people off unemployment.

+1, if their business was negatively impacted by the pandemic (touring musicians, fashion brands, etc) and PPP helped keep people on their payroll during the downturn then PPP is working as expected.

If the pandemic didn't injure their business at all, and actually bolstered it (pajama companies, videogame publishers, Lysol) and they took PPP as well to get free payroll for a few months? That sucks.

Pakuni

Quote from: Frenns Liquor Depot on July 08, 2020, 11:48:25 AM
That being said, I have found the Ayn Rand Foundation and Grover Norquist loans as the leaders out of the gate for to win the 'most inconsistent with the mission of the organization award'.

Right.
From the Rand people in particular, it exposes them as frauds.

Galway Eagle

Quote from: Pakuni on July 08, 2020, 12:58:14 PM
Right.
From the Rand people in particular, it exposes them as frauds.

They wrote a massive letter on their website explaining why they did it.
Retire Terry Rand's jersey!

GooooMarquette

Quote from: Galway Eagle on July 08, 2020, 01:14:18 PM
They wrote a massive letter on their website explaining why they did it.

People who know better shrugged.

The Sultan

"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

The Sultan

Quote from: Galway Eagle on July 08, 2020, 01:14:18 PM
They wrote a massive letter on their website explaining why they did it.

Oh and it's just as hilarious as you think it would be:

"The CARES Act has created a moral dilemma for those Americans who value freedom. The pandemic has cost them their jobs, their savings, their businesses. And they blame a significant part of this loss on the government."

and...

"At the Ayn Rand Institute, we are dedicated to philosophic principle. And because we are, we will take any relief money offered us. We will take it unapologetically, because the principle here is: justice."
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

Jockey

Quote from: Fluffy Blue Monster on July 08, 2020, 01:48:08 PM
Oh and it's just as hilarious as you think it would be:

"The CARES Act has created a moral dilemma for those Americans who value freedom. The pandemic has cost them their jobs, their savings, their businesses. And they blame a significant part of this loss on the government."

and...

"At the Ayn Rand Institute, we are dedicated to philosophic principle. And because we are, we will take any relief money offered us. We will take it unapologetically, because the principle here is: justice."


That's priceless.

MU Fan in Connecticut

Quote from: Fluffy Blue Monster on July 08, 2020, 01:48:08 PM
Oh and it's just as hilarious as you think it would be:

"The CARES Act has created a moral dilemma for those Americans who value freedom. The pandemic has cost them their jobs, their savings, their businesses. And they blame a significant part of this loss on the government."

and...

"At the Ayn Rand Institute, we are dedicated to philosophic principle. And because we are, we will take any relief money offered us. We will take it unapologetically, because the principle here is: justice."

No Koch brother bail out for the Rand Institute?

Galway Eagle

Quote from: Fluffy Blue Monster on July 08, 2020, 01:48:08 PM
Oh and it's just as hilarious as you think it would be:

"The CARES Act has created a moral dilemma for those Americans who value freedom. The pandemic has cost them their jobs, their savings, their businesses. And they blame a significant part of this loss on the government."

and...

"At the Ayn Rand Institute, we are dedicated to philosophic principle. And because we are, we will take any relief money offered us. We will take it unapologetically, because the principle here is: justice."

Glad you posted it. I didn't want to read through that drivel again
Retire Terry Rand's jersey!

MarquetteDano

#360
Quote from: Fluffy Blue Monster on July 08, 2020, 01:48:08 PM
Oh and it's just as hilarious as you think it would be:

"The CARES Act has created a moral dilemma for those Americans who value freedom. The pandemic has cost them their jobs, their savings, their businesses. And they blame a significant part of this loss on the government."

and...

"At the Ayn Rand Institute, we are dedicated to philosophic principle. And because we are, we will take any relief money offered us. We will take it unapologetically, because the principle here is: justice."


"Any government help to business is just as disastrous as government persecution.... only the way a government can be as of service is by keeping its hands off.   Unless they are willing to give a below market rate loan.  Then all is well."

- Ayn Rand

Oops... italics part was recently added by the Institute.   ;D

Pakuni

Shame on you guys for mocking people who base their life's philosophy on poorly written fiction.

shoothoops


Hards Alumni

Quote from: shoothoops on July 10, 2020, 08:30:49 AM
Catholic Church gets $1.4 billion in COVID-19 aid:

https://apnews.com/dab8261c68c93f24c0bfc1876518b3f6
So they already don't pay taxes... but they're allowed to collect taxpayer dollars?

In any other year this would be an enormous scandal.

This year?  Won't even register.

What a heist.

Frenns Liquor Depot

Quote from: Hards_Alumni on July 10, 2020, 08:39:31 AM
So they already don't pay taxes... but they're allowed to collect taxpayer dollars?

In any other year this would be an enormous scandal.

This year?  Won't even register.

What a heist.

That isn't fair.  There are many non-profits taking PPP loans.  This is about keeping people employed in the US...

Hards Alumni

Quote from: Frenns Liquor Depot on July 10, 2020, 08:40:52 AM
That isn't fair.  There are many non-profits taking PPP loans.  This is about keeping people employed in the US...

Non profits pay taxes.  Their employees pay taxes.

Churches do not.

The Sultan

Quote from: Hards_Alumni on July 10, 2020, 08:46:37 AM
Non profits pay taxes.  Their employees pay taxes.

Churches do not.


Churches, and their employees, are taxed like any other non-profit.
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

Hards Alumni

Quote from: Fluffy Blue Monster on July 10, 2020, 08:49:12 AM

Churches, and their employees, are taxed like any other non-profit.

Sorry, I should have been more clear.  They don't pay property taxes.

While secular charities are compelled to report their income and financial structure to the IRS using Form 990 (Return of Organization Exempt From Income Tax), churches are granted automatic exemption from federal income tax without having to file a tax return.

So, I guess I can back off a little because the PPP is meant to bail out the clergy, not the church.

The Sultan

And parachoial school teachers, lay people who work for the church, etc.

And other not for profits don't pay property tax as well.
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

Hards Alumni

Quote from: Fluffy Blue Monster on July 10, 2020, 09:26:15 AM
And parachoial school teachers, lay people who work for the church, etc.

And other not for profits don't pay property tax as well.

So you agree that churches don't have to report their income, correct?  So, no income tax report, and no property tax.

Just income tax for its employees.

Pakuni

Quote from: Hards_Alumni on July 10, 2020, 09:09:38 AM
o, I guess I can back off a little because the PPP is meant to bail out the clergy, not the church.

I think you're being a little unfair here.
Because of necessary stay-at-home orders, churches were forced to cancel in-person services and countless fundraising events for schools and programming. Given that the purpose of the PPP was to recompense entities that suffered economic losses because of such orders, I see no reason why they should have less of a right to these funds than the local dive bar or carpet installer.
If your argument is "they don't pay some taxes," then you're leaving plenty of corporations and individuals out as well.

Hards Alumni

Quote from: Pakuni on July 10, 2020, 10:22:44 AM
I think you're being a little unfair here.
Because of necessary stay-at-home orders, churches were forced to cancel in-person services and countless fundraising events for schools and programming. Given that the purpose of the PPP was to recompense entities that suffered economic losses because of such orders, I see no reason why they should have less of a right to these funds than the local dive bar or carpet installer.
If your argument is "they don't pay some taxes," then you're leaving plenty of corporations and individuals out as well.

Yeah, that's why I said I'd back off on the PPP since it went to the clergy and not the church.

Literally, what you quoted.  ;D

Jockey


Pakuni

Quote from: Hards_Alumni on July 10, 2020, 10:30:21 AM
Yeah, that's why I said I'd back off on the PPP since it went to the clergy and not the church.

Literally, what you quoted.  ;D

What's the difference? The "church" is just a group of people, including clergy, not some separate, autonomous entity.

Hards Alumni

Quote from: Pakuni on July 10, 2020, 11:12:26 AM
What's the difference? The "church" is just a group of people, including clergy, not some separate, autonomous entity.

Probably nothing.  I just have a personal problem with religious organizations not paying taxes.  I probably knee jerked a bit. 

My tax dollars already subsidize churches enough... I'd rather the money went to small businesses rather than religious orgs.  When you guys pointed out to me that the money goes into employee pockets and not the overreaching organization... I backed off.  I was wrong.  I hope I've cleared this up.  :P

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