Annapolitans!
We have formed a committee to honor Annapolis' finest Mayor, the Honorable Ellen O. Moyer.
We believe it is time to appropriately celebrate her lifetime of achievement in the civic affairs of the City of Annapolis. From being first lady in the 1960's to her recently ended second term as Mayor, she has seen and done it all! Greenscape, tree canopies, improved transit services, Maryland Hall for the Performing Arts and many other causes she has pioneered.
Therefore, we will begin fundraising to erect a statue in her honor in the City.
But we need your help!
We need ideas on where to place the statue and what pose we should capture for posterity. Please post them here.
We will also begin fund raising soon. So watch this blog for the address to send contributions!
The Ellen Moyer Statue Committee
Thank you Ellen for all you have done.
ReplyDeleteLET ME KNOW WHERE TO SEND MY CONTRIBUTION!
Who are the members of this committee? Why aren't their names here?
ReplyDeletewhere do we send contributions?
ReplyDeleteBully for Ms. Moyer!
ReplyDeleteI am glad she is finally getting her due.
King of George
Ellen:
ReplyDeleteWe miss you! Please come home soon.
Jane and the crowd.
Thanks everyone for your support for Ellen!
ReplyDeleteWe will soon have our PO Box opened and will give the address to send your contributions!
EOM Statue Committee Chair
there is only ONE place for Ellen's statue:
ReplyDeleteunderwater in Ego Alley. After all, who has left the City financially underwater or who has a bigger ego? What a perfect location ... where do I send my donation?
Instead of a statue of Moyer, how about we have a statue of a train wreck and then just put her name on it.
ReplyDeleteAn unregistered group collecting taxable funds outside a registered non-profit? Where is the transparency and legality? This may be a hoax and in need of a letter to AG Gensler.
ReplyDeleteWho said it was a non profit? Did Cohen pass a law that prohibits people from pooling their money together voluntarily to do something?
ReplyDeleteOh the nasty Friends of Paul are back and empowered by the shield of anonymous posting.
ReplyDeleteThe "pooling of money" needs to comply with tax and other laws; and will not be taxed if done through a registered non-profit. There are laws set up to protect donors from solicitors of money, regardless of the cause. You just can't start collecting money from people without complying with the law. The law applicable would depend on the legal structure set up to collect, and compliance determined by the AG or the US Atty or the IRS.
ReplyDeleteNo, you are wrong. Let's say that there is a community. They want to erect a flagpole at the entrance, and a private landowner agrees to allow the flagpole to be on his yard.
ReplyDeleteAll of the homes in the community chip in $100 a pop for the flagpole. It is not tax deductible, it is not a non-profit.
They buy the flagpole, put it up and all is said and done. Of course if there were zoning laws, they would need to be obeyed.
It's no different if your mom decided to give you $1000 to put up a fence. No deduction for her. Just a gift out of the goodness of her heart!
The receipt of funds is taxable to the recipient. If my Mom gave me $1,000 that could be considered a gift as an interfamily gift tax, free up to $6,000 per year (more than that is taxed), depending on how it is declared. Believe whatever you want, but I hope the organizers are legally structuring themselves to withstand any later scrutiny or tax liability (and penalties). Of course its only my opinion. It will be the opinion of others vested with making such determinations that will matter. Good luck.
ReplyDeleteYour ignorance is showing. The 2009 exclusion is $13,000 for individuals and $26,000 for married couples. There are also lifetime limits to how much you can give to one person.
ReplyDeleteSo, if I am the only poor kid in my neighborhood of 101 married homes, in 2009, I can receive 100 tax free gifts of $26,000 or $2.6 million dollars. The only time there is a tax implication is if it exceeds the lifetime limit or the annual limit.
The annual exclusion limit is indexed to inflation and will change over time. In 2009, any US taxpayer can gift up to $13,000 to a single person (increased over the years from 10,000 in 2002 and 12,000 in 2008). Gifts that fall under the annual exclusion do not affect the gift giver's lifetime unified credit. The annual exclusion rules mean that the total amount that a person can effectively transfer to another individual without triggering taxes is very large.
Source: The Investment Faq: Tax Code - Estate and Gift Tax
Your ignorance is showing. The 2009 exclusion is $13,000 for individuals and $26,000 for married couples. There are also lifetime limits to how much you can give to one person.
ReplyDeleteSo, if I am the only poor kid in my neighborhood of 101 married homes, in 2009, I can receive 100 tax free gifts of $26,000 or $2.6 million dollars. The only time there is a tax implication is if it exceeds the lifetime limit or the annual limit.
The annual exclusion limit is indexed to inflation and will change over time. In 2009, any US taxpayer can gift up to $13,000 to a single person (increased over the years from 10,000 in 2002 and 12,000 in 2008). Gifts that fall under the annual exclusion do not affect the gift giver's lifetime unified credit. The annual exclusion rules mean that the total amount that a person can effectively transfer to another individual without triggering taxes is very large.
Source: The Investment Faq: Tax Code - Estate and Gift Tax
Interesting to watch a bunch of fools argue over how the tax code would affect the building of a statue for Ellen Moyer, when her complete failure as Mayor left the City in such financial crisis that it's literally on the brink of insolvency.
ReplyDeleteThe only money to be spent on Moyer should be for a lawyer to investigate malfeasance.