Note the FUNDING for this bill includes
• change the treatment of individual retirement account distributions after death, resulting in $4.648 billion from FY 2014 - FY 2022.
The Georgetown Climate Center provides an excellent 18-page section-by-section summary.
Page 16
http://www.georgetownclimate.org/sites/default/files/GCC%20MAP21%20Summary%5B1%5D.pdf
Title III-–Revenue Provisions
This title provides the $10.5 billion needed to fill the gap between the $109 billion total authorization and $97.5 billion available from the HTF. The bill would”
• authorize $3 billion to be transferred from the leaking underground storage tank trust fund (LUST) to the HTF immediately, as well as $683 million of future LUST fund revenues (over 10 years);
• provide for a transfer of $698 million (over 10 years) from the gas guzzler tax from the general fund to the HTF;
• increase penalties for tax delinquency by authorizing the revocation or denial of passports in case of certain unpaid taxes or tax delinquencies, resulting in approximately $743 million (over 10 years);
• prohibit the claiming of cellulosic biofuels credit for certain unprocessed fuels, resulting in approximately $1.6 billion (over 10 years);
• allow the Treasury to levy up to 100 percent of the payment to a Medicare provider to collect unpaid taxes, resulting in approximately $841 million (over 10 years);
• allow the transfer of future import tariffs on automotive products, resulting in $4.52 billion from FY2012-2016;
• change the tax treatment of securities of a controlled corporation that are exchanged for assets as part of certain types of corporate reorganizations, resulting in $244 million (over 10 years);
• enable the internal revenue service to levy a federal employee’s thrift savings account to satisfy tax liabilities, resulting in approximately $25 million (over 10 years); and
• change the treatment of individual retirement account distributions after death, resulting in $4.648 billion from FY 2014 - FY 2022.
MAP-21 Moving Ahead for Progress in the 21st Century Act
http://epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=20f89548-8b2e-4498-89f7-c9f4ff22484f
is headed to the House after clearing the Senate last month
This bill has everything they need to confine us to the cities. This bill and the recent EO about infrastructure http://en.wikisource.org/wiki/Executive_Order_13604
and the previous one dated March 15 about cities
http://theintelhub.com/2012/03/21/obama-executive-order-the-takeover-of-municipalities-drowning-in-debt/
Agenda 21
• change the treatment of individual retirement account distributions after death, resulting in $4.648 billion from FY 2014 - FY 2022.
So.... when do you think they will drop the mask and charade and just say that everything belongs to the federal government?
Check out the “middle class task force”. In order to “help” middle class Americans retire on more than SS, they want to have them purchase lifetime annuities that kick in at 80. Funded with 401(k) $. Of course, it would have “lower costs” if the Government handled these accounts. And there would have to be new taxes to fund accounts for those without 401(k) plans to make it “fair”. Starting this stuff right now, the preliminary changes are effective July 1.... This summer.
If you want to be on or off the Agenda 21 ping list, please notify me by Freepmail. It is a relatively low volume list in which we have been exploring the UN Agenda21 and related topics. We have collected our studies with threads, links, and discussions on the Agenda 21 thread which can be found here:
http://www.freerepublic.com/focus/f-news/2738418/posts
NEW ACTION THREAD:
http://www.freerepublic.com/focus/f-news/2861644/posts