[Street] [Community_forum] Update on Tax Day Action/one idea
Deborah Sirotkin Butler
amberpaw at gmail.com
Thu Feb 23 13:39:30 EST 2012
+1 to Eli's comment DSB
On Feb 23, 2012 1:07 PM, "Eli" <eli at occupyboston.org> wrote:
> Boston should take that 2 billion and do what they do in North Dakota:
> invest it in a state or city owned bank.
>
>
> http://motherjones.com/mojo/2009/03/how-nation%E2%80%99s-only-state-owned-bank-became-envy-wall-street
>
> Sent on the fly.
>
> On Feb 23, 2012, at 12:31 PM, Ridgely Fuller <ridgelyfuller at gmail.com>
> wrote:
>
> EXCELLENT.. Hope...exactly where did you get this info?? I have been
> trying to get exact figures re state money....I have been working with
> Treas office and they are way slower in providing it...surprise..now we
> should find out if either of these banks pay any state income tax..on tax
> day we can take them a 'bill'..let's get someone from his office to meet
> with us ASAP..or an appointment where we could go there..
> Ridgely
> FYI:
> there is a working group re Banks ..please join..we have a teach in
> scheduled on April 14..Saturday 1-5 on BU campus and are in process of
> trying to get great speakers which will appeal to a wide range of interests
> and concerns..feel free to share with me if you don't want to join yet
> another working group..
> The Bank Group, though, defintely does want to be involved in the Tax Day
> stuff...
>
>
> On Thu, Feb 23, 2012 at 12:19 PM, Hope Haff <hhaff at yahoo.com> wrote:
>
>> The City of Boston has about 1 billion dollars in 2 banks in Boston,
>> Citizens and Bank of America, ostensibly because these banks are big enough
>> to cough up a million or 2 on a day's notice, as needed. There are said to
>> be "no strings attached" to the privilege of holding on to this billion in
>> taxpayer money. A Boston City Counsellor, Felix Arroyo, has been working
>> on a plan to influence the city to insist that these banks make loans to
>> local businesses with good credit - a thing they are doing VERY little of,
>> despite sitting on Boston's money.
>>
>> I think this is something Occupy should look into - it won't happen
>> unless there is pressure and publicity, and it would make a big difference
>> in local jobs and small business. Let's use our muscle to get some taxpayer
>> money moving things in the right direction!
>>
>> Hope Haff, JP
>> For info, write Couns. Arroyo's office(or I'm sure he'd talk directly to
>> a working group:
>> Felix.Arroyo at cityofboston.gov
>>
>>
>> ------------------------------
>> *From:* Daria Casinelli <casinellidaria at gmail.com>
>> *To:* OccupyJP <occupyjp at googlegroups.com>
>> *Cc:* massoccupy at googlegroups.com; interoccupy at lists.occupyboston.org;
>> ob-media at lists.occupyboston.org; street at lists.occupyboston.org;
>> occupybostonoutreach at list.occupyboston.org; occupysalem at googlegroups.com;
>> occupysomerville-mbta at lists.mayfirst.org; obda at occupyboston.org;
>> getinvolved at studentsagainsttcuts.org; info at lists.occupyboston.org;
>> suburbs at lists.occupyboston.org; info at occupyfalmouth.com;
>> community_forum at lists.occupyboston.org;
>> occupy-boston-spp at googlegroups.com
>> *Sent:* Thursday, February 23, 2012 10:12 AM
>> *Subject:* Update on Tax Day Action
>>
>> A city wide coalition is meeting in March to plan, among other things, a
>> Tax Day Action. The 4/17 date for that action is not confirmed. Please come
>> to the OB Sunday night Action Assembly to help make this big--really,
>> really big.
>>
>> On Mon, Feb 20, 2012 at 2:37 PM, Aria Littlhous <casinellidaria at gmail.com
>> > wrote:
>>
>> Occupy JP is proposing to form an Intra-Occupy Tax Day Working Group.
>> Please contact us if you would like to participate! There are two
>> important issues to resolve immediately:
>>
>> *What are our demands?
>> *What about the Tea Party Rally at the Boston Common Bandstand on
>> 4/15?
>>
>> Details below. We welcome your comments and input. Eight weeks and
>> counting.
>>
>> A.
>>
>> Our two discussions have included a report back on information already
>> gathered, things to think about and two possible draft demands to get
>> the ball rolling.
>>
>> Draft Demand:
>>
>> 1. The gargantuan and labyrinthine nature of the tax code inherently
>> favors taxpayers wealthy enough to hire lawyers. Occupy JP instructs
>> our legislators to radically simplify the tax code this year. The
>> Congress works for the people, the tax code should too.
>>
>>
>>
>> 2. Occupy JP supports the proposal of our National Taxpayer Advocate,
>> Nina E. Olson, to Zero Sum Budget Title 26 as outlined part IV of her
>> testimony before the House Ways and Means Committee on 1/20/11. We
>> instruct our legislators to paass her proposal this year. The Congress
>> works for the people, the tax code should too.
>>
>> Part IV: A Zero-Based Budgeting Approach Could Assist Congress in
>> Deciding Which Tax Breaks and IRS-Administered Social Programs to
>> Retain and Which to Eliminate.
>> My suggestion is to approach tax reform in a manner similar to zero-
>> based budgeting. Under that approach, the starting point would be a
>> tax code without any exclusions or reductions in income or tax. As
>> discussions proceed, tax breaks and IRS-administered social programs
>> would be added only if lawmakers decide on balance that the public
>> policy benefits of running the provision or program through the tax
>> code outweigh the tax complexity challenges that doing so creates for
>> taxpayers and the IRS. Some tax provisions and programs will meet this
>> test, while others will not. Factors to consider in making this
>> assessment include whether the government continues to place a
>> priority on encouraging the activity for which the tax incentive is
>> provided, whether the incentive is accomplishing its intended purpose,
>> and whether a tax expenditure is more effective than a direct
>> expenditure for achieving that purpose.47
>>
>> http://www.irs.gov/pub/irs-utl/nta_testimony_waysandmeans_01202011.pdf
>>
>> Note: Although getting a legislative demand as specific at #2 through
>> any GA would be difficult, the advantages of supporting Ms. N.O.’s
>> proposal are many: it’s a good proposal, she’s non-partisan, it’s
>> already in the system, she has cool initials.
>>
>> Other
>>
>> We’ve contacted the New England War Tax Resisters. They will be
>> announcing the grants they award from a fund set up from the proceeds
>> of resistance on 4/15. They will get back to us about a possible
>> collaboration.
>>
>> Senator John Kerry will get back to us about where Ms. No!’s proposal
>> stands now.
>>
>> We will contact the advocacy group Uncut and see where they’re at.
>>
>> The deadline for filing taxes is midnight April 17. The media
>> traditionally interviews late filers at the Fort Point Post Office, a
>> great place for kites.
>>
>> Thanks. We look forward to hearing from you.
>>
>> O! JP!
>>
>>
>>
>>
>>
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