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Keyword: s476

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  • Senate Poised to Vote on Huge Land Grab [re: S. 476, "Faith-based Initiative]

    03/20/2003 5:12:36 AM PST · by Stand Watch Listen · 34 replies · 368+ views
    CNSNews.com ^ | March 20, 2003 | Tom DeWeese
    Choosing a time when the attention of all Americans is on our conflict with Iraq, the Senate is poised to vote on a bill that would unleash a major attack on private property rights. It would empower environmental groups and government agencies to use taxpayer funds to purchase land. The bill, S. 476, called the "Faith-based Initiative," has two insidious sections, 106 and 107, that call for a 25% tax cut on capital gains of land sales, but only if the land is sold to an "environmental group" or a government agency. This legislation is a classic Trojan horse....