Johnson Amendment At Risk – End Citizens United Works To Protect It

With so much happening in the universe of politics in the United States, it’s easy for big stories to go unnoticed. While the general public seems to be more concerned about what the President is or not doing, the nation’s long history of the separation of church and state is more at risk than ever. Republicans are working tirelessly to revoke the 1954 Johnson Amendment. If they succeed with their plans, organizations such as churches, universities, and charities risk losing their tax-exempt status by participating in political campaigns.

Contrary to what many Americans were made to believe for many years, the Johnson Amendment doesn’t completely restrict the groups mentioned above from taking part in the nation’s politics. They are permitted to choose sides and even hold an event to support a candidate of their choice. Churches have always enjoyed certain privileges for being non-partisan, but the amendment signed into law by President Eisenhower is currently at risk.

The amendment was designed to protect these groups from being manipulated by covetous political donors. Unfortunately, the conservatives want to change that and give these people more ways to buy Americans’ democracy. If they succeed to repeal this amendment, it means that anyone can now donate money to tax-exempt groups for political reasons. The money donated is considered to be tax-exempt, so the donors can also receive tax deductions.

The Johnson Amendment was proposed and signed into law for good reasons, but in the recent years, it has become a political tool. In light of this, organizations have been formed with intentions of repealing the law. For example, a GOP organization called The Alliance Defending Freedom runs a campaign known as Pulpit Freedom Sounding that seeks to encourage religious leaders to protest and help in the process of repealing the amendment. IRS has audited one of the participating churches, but no one has been fined or charged with anything yet.

About End Citizens United

In 2015, End Citizens United was founded in direct response to the 2010 Citizens United decision. The group is determined to have as many right people elected to public office as possible. They are concerned about the politics of money which has corrupted the system of governance in the US.

Currently, more than 100 organizations have joined hands with ECU in the fight against the repeal of the Johnson Amendment. They have huge support in various social media networks including Facebook and Twitter. ECU understands that if the Republicans are left to have their way, it’s going to be hard to get America out of this problem. Visit:http://endcitizensunited.org/about/

 

Ted Baumann’s Solution of Getting out Of a Financial Rat Race

     Ted Baumann is a prolific business player who is relentless in his mission to re-educate society on financial matters. He posts serial articles on his blog on a wide array of topics such as stock, revenue creation, debt elimination and world events. One of his posts enlightens on how individuals miss out on amassing more wealth by piling up debts.

Ted began by stating people are not overly concerned with debt as they are with taxes. He explained that the real reason taxes are a concern for the average American is the distinguishable difference they make on the net salary. He however explained that taxes are not the real drain ones salary. According to the seasoned financial expert, debt is the culprit when it comes to missing out on gains.

Ted Baumann has a contrasting view of America’s economy. While the United States remain a top provider of high-quality living, the lifestyle comes at a high cost. Ted believes that a credit-based market is more expensive to the average citizen, in comparison to paying for items on cash. In the long run, the entire amount disbursed to acquire a liability such as a house digs a hole into the overall pocket of the individual. This payment plan is even more severe since it is as open for other purchases such as education and vehicles.

Ted Baumann outlined mortgages and student loans as the biggest drains on society. He revealed that the depth of excessive debts have plunged since 2008. He explained that borrowing leads to more lending and the cycle repeats itself. His observation estimates that buying things on credit is a ticking time bomb which will eventually strain incomes. Ted Baumann’s recommendation to getting out of the rat race is to end the vicious need to borrows money. Additionally, the United States can adjust the interest rates to ease the repayment burden for Americans.

Ted Baumann does more than talk about ways of getting to the fast lane. He is the founder of Alpha Stock Alert – a stock investment company that has proven to have a powerful index. In the last ten years, Alpha Stock Alert has beat S&P 500 Index with vigorous trading strategies. He writes on his blog, the Baumann Letter, with the aim of helping subscribers gain an out of the box mind in investing. He values the privacy of all his clients and works to retain their trust in all financial transactions.