Unbelievable, Bush signs housing bill

Quote Originally Posted by Helmut:



STFU

Why the angry response?

I am from NY and took 9-11 personally.

If Minnesota was attacked, you too might be thankful that you are now safe.

God forbid someone lets loose with a nuke in Minneapolis-St Paul, but, if they do, it will be interesting to see if you change your tune.

Revenue Provisions

Payment Card and Third Party Network Information Reporting.

The proposal requires information reporting on payment card and third party network transactions. Payment settlement entities, including merchant acquiring banks and third party settlement organizations, or third party payment facilitators acting on their behalf, will be required to report the annual gross amount of reportable transactions to the IRS and to the participating payee. Reportable transactions include any payment card transaction and any third party network transaction. Participating payees include persons who accept a payment card as payment and third party networks who accept payment from a third party settlement organization in settlement of transactions. A payment card means any card issued pursuant to an agreement or arrangement which provides for standards and mechanisms for settling the transactions. Use of an account number or other indicia associated with a payment card will be treated in the same manner as a payment card. A de minimis exception for transactions of $10,000 or less and 200 transactions or less applies to payments by third party settlement organizations. The proposal applies to returns for calendar years beginning after December 31, 2010. Back-up withholding provisions apply to amounts paid after December 31, 2011. This proposal is estimated to raise $9.802 billion over ten years.

Have a nice day

I already got boxed for having a civil discussion, I am pretty sure I would get banned if I have anything mean spirited to say ( even though I get attacked from every direction )

Quote Originally Posted by claycourtlesson:

I am requesting a bailout package from the US Congress to cover any past or future gambling losses.

 

Now for gambling winnings, I get to keep that.

 

The USA

I'll vote for that one, claycourt.