Was wondering if we have an christian stock traders on board?
Was wondering if we have an christian stock traders on board?
does it make you only trade/invest in certain stocks.
what are your feelings on trading other stocks like MST and say MSB etc where there products etc may not fit in with christian values.
or it dont matter and you happy to take all monies from whatever source on the market?
I want to get in on this action
THE tax office wants a special national body set up to monitor "not for profit" charities, admitting that churches - such as the multi-million-dollar phenomenon Hillsong - are literally "invisible" to it.
And the sector is expanding so rapidly that $31 billion a year is now being drawn out of the federal Budget in tax exemptions to the ever-growing list of groups claiming church and charity status.
The push to put not-for-profit groups under greater fiscal scrutiny comes amid revelations that senior pastors of the Hillsong mega-church and their families are enjoying lavish lifestyles virtually tax-free.
Critics say Hillsong - which makes millions by routinely demanding its followers hand over at least 10 per cent of their salaries for the church coffers - exploits tax exemptions designed to help small, struggling churches.
And i WANT TO GET IN ON THIS ACTION TOO!
Senator Nick Xenophon's back-door approach to bring Scientology under scrutiny through an ill-conceived Tax Amendment Bill on charities has had the effect of alarming religious groups large and small to his unholy crusade. Now they too could be drawn into the strange vortex Xenophon is creating with his call for charities to be measured not only by public benefit (which they currently already are) but also by the criteria of detriment or harm.
These are murky and dangerous waters for a government to wade into, for who is to judge detriment or harm and how is this to be measured against public benefit? Indeed how are religious groups to be judged within the framework of contemporary society? The tiny Confessing Church founded in Germany in the 1930s protested against the Nazi racial laws. It plotted against the regime and conspired to assassinate Nazi leaders. The group was severely suppressed and Dietrich Bonhoeffer, their leader, was executed in 1945. Today Bonhoeffer is regarded as a hero of modern Christianity, not a violent cult leader. An interesting case where the cult got it right and the mainstream churches in Germany did not.
(On DC-8 aircraft) They got 'em boy. you betcha!
How can I get a cut without joining any of these?
What are your suggestions drsmith?
The difficulty I have with this deduction (and any income tax deduction for that matter) is that it promotes poor value for money choices.
How much tax deductable revenue for example finishes up in the hands of "the charity industry" where only a small percentage of donations collected goes to the underlying charitable purpose ?
I find it amusing that a habitted one needs to ask such a questionwas wondering does it make a difference being a christian stock trader ?
Perhaps we should start a divine stock thread, only stocks that perpetually go up can be included.
I made my money by selling too soon.
I was unable to find a stock code for Jesus, do I look up commodities? Surely religion has very little to do with share trading.
So weatherbill, I guess you will be going short on Sept 3rd then.
Just remember that Atheism is a non-prophet organization.
Si Hoc Legere Scis Nimium Eruditionis Habes
Prophet from religion has the advantage of being tax free.
The "Charity Industry" should be stopped, if by that we understand the same thing: Call Centres that cold-call numbers at random, even exempt from obeying the "do not call" register. And they rake in a huge cut off any pledged donations - in some cases up to 85%, I believe.
Where I don't quite agree is your assertion "it promotes poor value for money choices". Were we to take the care for the disadvantaged, the aged, the homeless away from established charity organisations and hand it to government and public service - I'm certain it would cost twice as much and drown in administration and fat-cattism.
I do agree, however, that there are a lot of interest groups that waste donation money on their own fat-cattism. Much of that is based on anecdotal evidence and forming my own opinion, but consider this:
I bought my current car, a Commodore wagon, as an ex-lease 2nd hand. It had been leased by a well-known charity, whose operative had driven 37,000 km in 18 months and was "entitled" to an upgrade to a newer model. Buying it 2nd hand saved me 40% on the new price.
Another charity pampers their office staff by offering them zero-interest loans to buy a car. I could understand it if a nurse on call-out duty got that kind of assistance. But the receptionist???
And better not get me started on tax-free donations to a church, where a bunch of geriatrics, supposedly after a life of strict celibacy, pass judgment and lay down rules about how juveniles have to cope with their hormones and what young couples and families are allowed to do in their bedrooms.
Summary: Yes, let Nick Xenophon have a go; stop the phonies from the genuine charities. Subject every charity to strict audits, require proof that at least 90% (or some other reasonable number) benefits the target.
PS The group, of which Dietrich Bonhoeffer was a member, wouldn't have applied for tax exemption anyway. They followed their conscience without even thinking about financial gain or incentive. That made them true Christian heroes. Neither do I believe Mother Theresa would've acted any differently depending on whether she was tax-exempt or not.
Artificial Intelligence is no match for Innate Stupidity.
As a follower of Jesus I think we should let the big fella speak for himself on the issue - "render to Caesar the things that are Caesarís, and to God the things that are Godís" (Luke 20:25)
I'm not nearly as smart as the Biblical character wo inspired my avatar's name and I can't make head nor tail of your last post. Wold you mind unpacking it a bit?
Last edited by solomon; 27th-July-2010 at 12:54 AM. Reason: spelling
Hi weatherbill, yes I am a follower of Christ and am currently trading. I can't believe the garbage that gets posted in a thread that is just asking a simple question.
What was the reason for your thread? Just curious??