From the Star Ledger:
Here’s how N.J. lawmakers propose to save your property tax break
The state Senate began its work Thursday devising a way to prevent New Jersey taxpayers from losing a popular property tax break as a result of federal income tax reform.
Following the mold of other high-tax states looking to skirt the new $10,000 cap on state and local tax deductions taxpayers can claim, the state Senate Budget and Appropriations Committee advanced a bill allowing municipalities to set up charitable funds to substitute donations for property tax payments.
Under the scheme, taxpayers would make donations to the charitable fund and receive a credit against their property tax bill. They could in turn claim the payment as a charitable contribution, which is not subject to a cap.
It’s a maneuver championed by Gov. Phil Murphy, a Democrat who urged the Democratic-controlled state Legislature to act.
While local officials don’t have to wait for the state to pass a law before establishing charitable support funds, Murphy said he believed they would be on stronger footing with it.
The bill would give property owners a 90 percent tax credit — ostensibly to stand up to IRS scrutiny — for their contribution to the town, county or school district’s charitable support fund. And if an owner’s tax credits exceed their net property taxes owed, the fund would roll the credits forward for up to five years.
…
State Sen. Steve Oroho, R-Sussex, warned state lawmakers may be sending taxpayers down a risky path, as it’s unclear whether the Internal Revenue Service will bless these moves, which resemble a quid pro quo.“The way the charitable contributions work is you’ve got to give something and get nothing in return,” Oroho said. “I’m not really sure how we can argue that you’re not getting anything in return.”
In fact, U.S. Treasury Secretary Steven Mnuchin last month called the idea, also considered by California, “ridiculous.”
Like I posted on the article comment thread, neither the IRS, nor the Feds, will utter a single word on this. They will allow NJ to move forward with putting this in place, they will move forward with allowing NJ residents to file federal taxes, then they will systematically deny the deductions.
Why?
Because this would be the ultimate egg-on-the-face to NJ politicians, it would make them look like rookies, like idiots, and they will.
And the trains will stop running too.
They won’t stop running, that’s not the NJ way.
The NJ way is to spend so much money, unfathomable amounts of money, to do things that could have been done much more reasonably, decades ago. So they’ll spend a billion dollars probably, to fix the problem, but only after it’s clear they can’t kick the can down the road.
You heard that right, they’ve spent $320 million so far, and basically got nothing done. They will very easily spend $680 million dollars in the remainder of this year, hiring third parties to fix the problem.
Do your civic duty, smoke a joint and make a charitable contribution to keep NJ rolling.
My landscaper is now a charity…I can deduct that !
Poor Murphy though.
So many hopes and dreams.
Wave a magic wand and fix everything, see how easy!
Why is this even a position, and why in gods name does it pay a political appointee $280,000?
http://www.nj.com/politics/index.ssf/2018/02/ex-nj_assembly_speaker_prieto_lands_225k_job_atop.html
And if you thought $280,000 wasn’t enough to live on..
He also makes about $138,000 in his Secaucus code official job and another $23,000 as a construction official in Guttenberg.
So NJ taxpayers pay him … $441,000 a year?
And if I understand this correctly, he will stay for 3 years, and his new pension will be based on $280k salary.
Fuck us all.
I am so confused by this charity approach, the first thing you learn in any tax/financial class is that you must subtract out any benefit you get (like a dinner or show) from the contribution, before you can deduct. Like that is Tax 101. What lawyers are saying to proceed. Or is it just purely political to look like they are doing something?
Someone came up with what they thought was a clever idea, and now they are sticking with it until the end, instead of realizing that the approach is wildly flawed. Pure pigheaded stubbornness.
NY’s approach is at least based in reality. Shift the taxes to the employers, who will simply shift it to payroll taxes. It’s a similar slight of hand, taking something that is not a valid personal deduction, but is a valid business deduction.
It’s fairly hard to attack this approach at a Federal level. If a state wishes to shift taxes from people to businesses, that’s their prerogative.
Prieto working 3 jobs like an old school Jamaican
https://www.youtube.com/watch?v=fXdj6fzjxak
https://www.youtube.com/watch?v=Opq8YCkFV9s
“also makes about $138,000 in his Secaucus code official “
Wow
Almost as bad as working four months for benefits for life:
https://www.wnyc.org/story/jim-mcgreeveys-lifetime-benefits-four-months-work/
It’s OK, Murphy thinks Prieto is well qualified for the position.
By the way, positive train control (PTC) will likely cause more delays than ever. It may prevent really rare crashes caused by mistakes. But I’m hearing from the freight railroads that the big concern is false positives. There are so many sensors and systems that can go wrong, and if anything is in doubt, the train stops. Safer yes – but there can be costly side-effects. With all the technological progress that’s happened since the mandate was initiated, the PTC systems that are actually being completed today are probably already woefully behind what is now technologically possible.
There should be no problem losing the deduction. We are super wealthy and highly educated and sophisticated. Losing salt should be an issue for us. It’s a small price to pay to live here.
Why are you picking on these hard working public officials? I am sure he is worth every dime!
Rich Americans need to pay their fair share.
You and Nj department are completely lost when it comes to nj real estate.. Nj department is so lost he refers to “bubble” in his post discussing nj real estate. No idea what goes on with some people’s thought process, but they are indeed lost.
3b says:
February 15, 2018 at 10:07 pm
NJ department just saw 5 listings in my town drop 5 percent asking prices in put on market right after New Year. Just saying.
It’s not class warfare……it’s math…..
https://www.youtube.com/watch?v=IFQoaF5KIcw
“He also makes about $138,000 in his Secaucus code official job and another $23,000 as a construction official in Guttenberg.”
They ALL do this. What’s incredible is the salary he receives. He’s probably on the Secaucus payroll for one day’s work a week.
But listen to the Pumpster. It’s all worth it.
What does it take to make 400K a year?
He attended Middlesex County College receiving a degree in construction code technology and Bergen Community College where he received a degree for fire code technology. THAT’S IT FOLKS.
Dude can’t even speak in whole sentences. Your tax dollars at work. Maybe he’ll get his brains bashed in by a rogue thoroughbred. We can be so lucky!
Conservatives——completely ignore private corruption and only focus on public corruption. You do realize the source of govt corruption is the private sector.
Never heard one of you cry about the outrageous compensation in the 1% of the private sector. Not once, you guys actually defended it. Simply amazing. Shaking my head.
https://www.youtube.com/watch?v=M3SujnC3j0I
SFW, but cringeworthy
I complain about it all the time. But I’m not paying that CEO. I am paying for the Meadowlands Sports Director. Whatever the fukc that is. Thank you Murphy!
Here’s your appointee Pumps. Told you Murphy was a corrupt jackass. Go make your charitable gift to Wayne.
http://www.nj.com/opinion/index.ssf/2016/03/hudson_pols_play_chicken_with_atlantic_citys_fate.html
You are paying for it whether you realize it or not. It’s called an economic system. You are trying to tell me only a select few of individuals pay for the corruption of the private sector? Yes, sure.
Libturd says:
February 16, 2018 at 9:49 am
I complain about it all the time. But I’m not paying that CEO. I am paying for the Meadowlands Sports Director. Whatever the fukc that is. Thank you Murphy!
In a nutshell, Democrats are all about taxing the rich…in other states.
Oh Jesus, our vacation from BJ Pumps is now over, I guess. It was nice while it lasted. (He was at a GED Bootcamp, hoping to pass after 5 failures so far)
Pumps – Do you think you’ll have your GED before your birthday this month? It’d make your Dad proud, I think.
What if i refuse to give it to this charity ?? Will they find my kids and drag them outta school… and not respond when I call 911..
This is nothing but a ponzi scheme.
Got a parking ticket in Newark yesterday when I went to the Devils game. We have a disabled placard due to the D’s disability and the law states that those with such a placard must pay the max amount on meter and then are covered for 24 hours. We did that. $2.50. Got back to the car and had a $40 ticket on it. The government in the state is a cesspool. I gotta get the fukc out of here already. To make matters worse, if we choose to fight the ticket, it will take a whole day of waiting in the urban cesspool that Amazon is NOT going to call home. We drove through the area they would most likely locate in. We were all laughing out loud. We also saw a new hair braiding place with a giant banner over the facade which read, “We open!”
https://tinyurl.com/Amazon-HQ2-Newark
Lib it’s like talking to the wall. Just keep raising taxes there is corruption in the private sector so perfectly fine in the public sector regardless of what we think or say or how we vote. Just bend over and take it. It’s a privilege you know!
I crack myself up. I hope I’m not wasting my time with these. They take an awful lot of seconds to create.
What if i refuse to give it to this charity ?? Will they find my kids and drag them outta school… and not respond when I call 911..
How can they foreclose on your house if you don’t donate to a charity?
If charity is mandatory, it’s not charity by definition.
“We Open” might have the legs of “crush valor” if used judiciously;-)
I’m seeing a lot of comments elsewhere about the Florida shooting. As far as the school goes, it seems like they did their due diligence when they expelled the kid from school. Also just read about a gym teacher that was alerted by one of the kids who saw him loading his weapon. The gym teacher went back and saved some girls life actin gas a shield for her.
Meanwhile, the FBI couldn’t locate the kid off of a youtube post. I find that hard to believe given that google is always keeping track of who logs in where. The FBI seems to be a department that just consistently misses the ball.
The Great Pumpkin,
What do you then call a bubble??.. When the market goes from bidding to asking price going down upto 15%… I’m talking about towns within 10 miles of NYC. Commuter towns and high tax..
Call it a correction ??.
I was about to bite on a 650K house in November and glad i didn’t.. The math doesn’t add anymore.. I would rather buy the 2-family house I rent now to mitigate tax hit… that is what I’m thinking now and waiting for more funds, as this 2-family costs a little more.
I’m one of those guys who bailed out on buying after following GRIM in 2005 but missed the 2011 low..
Definitely see slowdown in my area. No clue what it is for.. Personally for me, its due to taxes..
Blue,
Maybe he was using a vpn or logged into a restaurants wifi from a parking lot?
Yes this tax scheme dealing with property taxes will fail ..but a question if someone’s taxes are 20K and that’s his only write off could he pay half to the town and half to the “charity ” and write off both and his state return in effect getting his full 20K Property tax deduction …but with the his fed return just take the standard (joint for 2) deduction ?
NJD, what area is your area? I’m not seeing slowdown within 10 miles of NYC.
There is a better solution.
Pura Vida.
NJD
Multi IS an excellent way to go if the location will keep it constantly occupied.
Nj dept,
How is your tax hit worst now than in Nov? What drastically changed that makes it so unaffordable now? I’m paying a lot less at the federal level now.
As for the homes you are looking at it going from bid to dropping the price, this is not the norm for the market. No idea where you are looking or what price range, but I’m not seeing 15% drops in selling prices. It’s also winter, can’t judge the market by what you see in January. People are getting raises and this will transfer into pricing come spring.
Vote with your feet.
Do you know how much a 15% drop is on 650,000? I’m not seeing this anywhere.
@kurteichenwald
I was right.
Few GOPrs responded to my tweets lamenting deaths in mass shootings.
But they flew out of control in rage when I suggested people not stand for the national anthem until the government does something to keep kids safe.
Dead children are less important than a song?
@votevets
Florida has a 3 day waiting period for handgun purchases, but not for the AR-15 or other military-style rifles, magazines and ammunition.
Under federal law, you must be 21 to buy a handgun from a firearms dealer.
But 18-year-olds can buy AR-15s and other semiautomatic rifles.
Realtors are drooling that the fears around the tax policy changes are getting people to drop prices going into the spring market.
If you weren’t able to sell it through fall and winter at the current price, you don’t stand a chance in hell of moving it during spring.
I’m not seeing big price reductions anywhere other than the same place we’ve seen them before, nonsensically overpriced properties whose owners have no interest in actually selling.
But, the tax change, it’s got enough meat for them to make a case to their clients. Drop now, or don’t bother packing your bags. It’s compelling.
@IronStache
The United States has averaged a school shooting every 2.5 days in 2018. There have been 239 school shootings since Sandy Hook.
These aren’t “gaps,” @SpeakerRyan. This is a broken system.
towns around me have no inventory. no need to reduce no price due to whatever tax.
grim says:
February 16, 2018 at 11:43 am
Realtors are drooling that the fears around the tax policy changes are getting people to drop prices going into the spring market.
“239 school shootings since Sandy Hook.”
There are that many shootings in Newark in the average month. So what?
On the bright side, there were less rapes than murders reported in Newark last year. Maybe the district is turning Republican?
How about eliminating all exceptions for vaccination?
Mandatory, period.
See, even something completely rooted in scientific fact, America will never act on.
Maybe he was using a vpn or logged into a restaurants wifi from a parking lot?
It turns out he posted under his own name. They simply dropped the ball and my guess is that they didn’t even bother investigating for even 5 minutes.
I have access to the Experian database, don’t ask.
There are less than 5 people in the United States with the name Nikolas Cruz, some of these don’t even count, because they are hyphenated last names. It’s a fairly unique name combination.
Experian has addresses for all these people.
Safe to say that they did nothing with the information.
You sound smart
Very Stable Genius says:
February 16, 2018 at 11:46 am
towns around me have no inventory. no need to reduce no price due to whatever tax.
People are getting raises and that translates into higher prices. That’s a fact! Take it to the bank. Ya heard it here first!
We have zero homes for sale in our development, they usually average 2-4 houses on the market at a time.
Trump pumping that Expensive p*ssy.
Can’t wait to see how much Milanea walks away with.
Ivana says she’s the real first lady anyways….she is so attractive to the eyes…..
I woulda hit that.
https://tinyurl.com/not-bad-at-all-sfw
Could someone in the FBI have intentionally fudged the investigation? Couldn’t be…right? There are so many stories about political bias there these days….who knows…
grim says:
February 16, 2018 at 11:54 am
I have access to the Experian database, don’t ask.
There are less than 5 people in the United States with the name Nikolas Cruz, some of these don’t even count, because they are hyphenated last names. It’s a fairly unique name combination.
Experian has addresses for all these people.
Safe to say that they did nothing with the information.
I woulda hit that with a two by four.
https://tinyurl.com/not-good-at-all-too
FBI probably gets a lot of calls with this type of crap. So maybe they thought it was like the other thousands of reports they get about an individual posting weird statements on YouTube.
Jesus Christ someone else called the FBI on him last month and said he was going to shoot up the school, this would be at least the second time someone reported him to the FBI.
They did nothing.
Unbelievable.
The FBI failed to act on a tip about Nikolas Cruz, the confessed shooter in the Parkland, Florida, school massacre, the bureau said in a statement on Friday.
A person close to Cruz contacted the FBI on January 5 to report concerns about him, the FBI said. But the bureau did not appropriately follow established protocols in following up on the tip.
“The information was not provided to the Miami Field Office, and no further investigation was conducted at that time,” the statement said.
The stunning admission is sure to raise further questions about whether the FBI could have prevented the shooting at Marjory Stoneman Douglas High School, which left 17 dead.
The FBI said the caller provided information about “Cruz’s gun ownership, desire to kill people, erratic behavior, and disturbing social media posts, as well as the potential of him conducting a school shooting.” The information should have been assessed as a “potential threat to life,” the bureau said.
Costa Rican Libturd,
He’ll never get it. I can only assume the slightest downstream effects in a private supply chain are identical to him as the DIRECT unabashed public corruption we are DIRECTLY forced to pay for.
Pumpkin is worse than this guy:
SFW
https://m.youtube.com/watch?v=qQGgaI-BcI4
The Great Pumpkin says:
February 16, 2018 at 9:57 am
You are paying for it whether you realize it or not. It’s called an economic system. You are trying to tell me only a select few of individuals pay for the corruption of the private sector? Yes, sure.
Libturd says:
February 16, 2018 at 9:49 am
I complain about it all the time. But I’m not paying that CEO. I am paying for the Meadowlands Sports Director. Whatever the fukc that is. Thank you Murphy
I’m sorry, I’m not ready to put all the blame on the FBI. How many cases do they receive like this on a daily basis? Should we now advocate for more FBI agents so they can thoroughly investigate every tip they receive about some disgruntled teenager making threats?
grim,
I think it’s a safe guess that this case would apply to federal police as it did to state/local.
Warren v. District of Columbia[1] (444 A.2d. 1, D.C. Ct. of Ap. 1981) is an oft-quoted[2] District of Columbia Court of Appeals case that held that the police do not owe a specific duty to provide police services to citizens based on the public duty doctrine.
LOL. I think this means Trump is off the hook. Consolation prize and semi-saving of face that there was actually something to investigate. Of course we’ll have 9 months of fake news and speculation by the fake news right up until the midterms that this is Mueller getting closer to laying the noose around Trump’s neck.
Special Counsel Robert Mueller’s office said Friday that a grand jury indicted 13 Russian nationals and three Russian entities for alleged interference in the 2016 presidential elections, during which they boosted the candidacy of Donald Trump.
https://www.cnbc.com/2018/02/16/russians-indicted-in-special-counsel-robert-muellers-probe.html
FBI did not follow protocol. End of story!
^^^^ Bad timing, actually. Does CNN cover the hot chicks that Trump was banging 18 years ago or do they fall back into Russia, Russia, Russia mode?
They were following the DIOG. When you get a tip like that the FBI’s first step, if they choose to move, is an assessment. If the assessment doesn’t yield anything, they can’t ring up Google and say, “Who is this guy?”
FBI DIOG
https://vault.fbi.gov/FBI%20Domestic%20Investigations%20and%20Operations%20Guide%20(DIOG)
(guess who has a secret clearance and knows this stuff?)
Meanwhile, the FBI couldn’t locate the kid off of a youtube post. I find that hard to believe given that google is always keeping track of who logs in where. The FBI seems to be a department that just consistently misses the ball.
LOL. This is ironic, re: the current DIOG
FBI Domestic Investigations and Operations Guide (DIOG)
The FBI’s Domestic Investigations and Operations Guide (DIOG) was revised and updated based on comments and feedback received since the original DIOG was issued on December 16, 2008. This new version was approved by Director Mueller on October 15, 2011.
Rosenstein: “There’s no allegation in this indictment that any Americans had any knowledge.”
‘LOL. I think this means Trump is off the hook.’
Looks like Gates is flipping……..curious to see what comes of that.
I know exactly what comes from that – more legal bills for Manafort.
Looks like Gates is flipping……..curious to see what comes of that.
So there was a company of 100 Russians, in Russia, making fake posts on social media.
That’s some scary stuff.
I think it’s very telling that the word “unwitting” was used so often when describing any Americans who may have been contacted. It was also kind of interesting that these groups organized a pro-Trump and anti-Trump rally in NY on the same day (after the election). I wonder how many of the “unwitting” Americans are actually witless members of the MSM?
Whoops. too many posts in a row. I’m giving myself a BJ Pumps time-out.
We missed the signs, but want your guns. Were stupid, but we will protect you from bad guys who didn’t give us your guns. You may be dead, but rest happy we will send him to prison for killing you……
Crap. One more. Would today’s indictment have come out today if the FBI wasn’t on the hook for allegedly dropping the ball with that douchebag shooter? That’s a tough one for the Dems and CNN/MSNBC. So…., should the FBI’s activities be questioned or never be questioned?
Shootings – always questioned? Campaign spying – never questioned?
You don’t get it. Look at media headlines, they only focus on public corruption. Private corruption is ignored to the point that if you didn’t witness it with your own eyes, you wouldn’t believe it existed.
So the crash of 2008 didn’t cost anyone here money? That level of corruption is disgusting, but who cares? It doesn’t exist. How bout Enron anyone? That didn’t impact the economy we all participate in?
You guys are naive. I stand by my statement, private sector corruption is the source of public corruption. Private corruption is responsible for the politicians in office. They own the got damn govt, but let’s act like public corruption is the problem. Get to the source people!
There is a reason the media doesn’t ever talk about private corruption.
PumpkinFace says:
February 16, 2018 at 1:20 pm
Costa Rican Libturd,
He’ll never get it. I can only assume the slightest downstream effects in a private supply chain are identical to him as the DIRECT unabashed public corruption we are DIRECTLY forced to pay for.
Public Corruption = Wasting my money
Private Corruption = Not wasting my money
Get it yet?
Grim,
That’s a simpleton approach.
Let me get this straight, reading the Mueller info now.
The Russians supported Trump … and Sanders … both … against Clinton.
In a Feb. 10, 2016, planning memo, the Russians were instructed to “use any opportunity to criticize Hillary and the rest (except Sanders and Trump — we support them).”
The operations also denigrated candidates including Ted Cruz and Marco Rubio, Trump’s rivals in the 2016 Republican primary, the indictment said.
Clearly the Trump team conspired with the Russians to have this Cruz guy do the shooting while Russians also hacked the FBI computers to lead them to not react to the tips, all as a way to cast doubt at the competency of the FBI while stirring up political discord.
Can someone forward Pumpkin an instruction manual for autoerotic asphyxiation?
I’m sorry, I’m not ready to put all the blame on the FBI. How many cases do they receive like this on a daily basis? Should we now advocate for more FBI agents so they can thoroughly investigate every tip they receive about some disgruntled teenager making threats?
A simple gun purchase check on an actual name would do wonders. This should have taken 10 minutes at most. In fact, the tipster was doing the FBI’s job for them.
In all my years on this blog I don’t ever recall anyone accusing grim of having a simpleton approach. But now here it is grim is a simpleton!!
So it’s JP Morgan’s fault that a building code inspector makes a ton of money for a part time job along with all the other money he is making . Who knew their tentacles stretched that deep into local governments!! Thank goodness we know now.
3b,
Ignoring private corruption (the source of all corruption) on the basis you don’t pay for it, and focusing only on public corruption because you pay for it, is indeed a simpleton approach to the problem. That’s why corruption will never go away, we ignore the source of the problem.
3b,
I’m convinced you are an idiot. Sorry, don’t mean to be so harsh, but you are lost.
I consider 1000s of journalists in America writing fake news every day(or ignoring real news) to be a much bigger problem.
The Original NJ ExPat says:
February 16, 2018 at 1:53 pm
So there was a company of 100 Russians, in Russia, making fake posts on social media.
That’s some scary stuff.
“There is no allegation in the indictment that the charged conduct altered the outcome of the 2016 election.”
LMAO!
Public Corruption = Wasting my money
Private Corruption = Not wasting my money
Amen to that!
As far as I’m concerned, CEOs and the like can loot the f.ucking joint as long as my dividends keep creating dividends! Stock buy backs? Salaried jobs with benefits? Keep it rolling!! I’ll do the rest!
Just like:
Public sector union negotiations = Wasting my money (but the pols will be out of office before you figure it out)
Private sector union negotiations = Making the company money (until retiree obligations come due, anyway)
Public Corruption = Wasting my money
Private Corruption = Not wasting my money
Get it yet?
OTOH – Private corruption can take your money. Worst case is a private company with a government contract.
I agree. Sometimes my sarcasm doesn’t come across in written words.
I consider 1000s of journalists in America writing fake news every day(or ignoring real news) to be a much bigger problem.
The Original NJ ExPat says:
February 16, 2018 at 1:53 pm
So there was a company of 100 Russians, in Russia, making fake posts on social media.
That’s some scary stuff.
Says the planet’s simplest simpleton.
Grim,
That’s a simpleton approach.
Fast Eddie,
How many times has private corruption crashed the economy? How many times has public corruption crashed the economy?
Now why is that and what costs more? What’s worse?
Nicely played!
Clearly the Trump team conspired with the Russians to have this Cruz guy do the shooting while Russians also hacked the FBI computers to lead them to not react to the tips, all as a way to cast doubt at the competency of the FBI while stirring up political discord.
But keep counting what little of your taxes actually goes to corruption
Can someone forward Pumpkin an instruction manual for
autoeroticasphyxiation?Hasn’t his entire life has been embarrassing enough? Why not just let him go out as a dumb guy who tried to win a bet that he could seal his head in a plastic bag longer longer than anyone else?
Expat resorts to name calling because he couldn’t win a debate if his life depended on it.
Your lack of a HS education seriously impacts your reading comprehension skills, BJ Pumps. What name did I call you?
You reference “idiot” all the time, but nobody here calls you that. But you just can’t stop from alleging it non-stop, which is very weird. You must have heard that word directed at you continually while a child, presumably at home, is my guess.
Yes, expat, no one would call me an idiot around here. No way, no how. Just my imagination.
Maybe it was medical diagnosis?
The term imbecile was once used by psychiatrists to denote a category of people with moderate to severe intellectual disability, as well as a type of criminal.[1][2] The word arises from the Latin word imbecillus, meaning weak, or weak-minded. It included people with an IQ of 26–50, between “idiot” (IQ of 0–25) and “moron” (IQ of 51–70). [3] In the obsolete medical classification (ICD-9, 1977), these people were said to have “moderate mental retardation” or “moderate mental subnormality” with IQ of 35–49.
I am an idiot! And proud! I am up there with grim the simpleton!!
Meanwhile the market has recouped three quarters of its loss.
Sorry BJ Pumps, they are your words, just about exclusively:
I was called an idiot over and over for the wage inflation calls.
Def don’t feel like an idiot anymore and glad I stood my ground.
I was called an idiot over and over for making the calls
This piece even summarizes why I’m called an “idiot” on this blog
Really can’t make this stuff up and yet I’m the village idiot.
I’m not an idiot. Yap, yap, yap. I have three degrees. (that might’ve been me ;-)
Was called an idiot and mental midget for making those calls at the time
I’m called an idiot, and I defend myself, so that leads you to believe I’m claiming to be smart.
….no wonder they think I’m an idiot, they are completely lost
Keep calling me an idiot, but let the record speak for itself.
Please do continue to call me the idiot though.
You are an idiot!! Btw, my wife is hot, not just alright. (oh wait that’s you imitating your Dad)
It’s so simple, yet I’m the idiot.
I was told that I was an idiot and a hater of the rich.
Tell me why I’m an idiot if I buy this for investment purposes?
If I stated nj education was garbage, I would be called an idiot. Now I’m a troll…
The Great Pumpkin is here and I want my got damn acknowledgement for my calls.
It truly does hurt you that someone you thought was an idiot, got it right? I get it…it hurts because it sort of deems you the idiot now, huh? Lesson here, before you call someone an idiot, make sure you have it correct. Otherwise, you become the idiot.
Off to The Peoples Republic of Montclair tomorrow for dinner with long time good friends. They pay 23k a year in property taxes!!! Ouch!!!!
The Love Boat. Soon will be making another run…
The Love Boat. Promises something for everyone..
https://www.youtube.com/watch?v=P1c2s0dQD3g
Eddie the simpleton loves the dumbass in chief. Who da thunk it
What is Enron? You’re right there were no headlines about that. You’re right no one got in trouble. You’re right no went to jail.
The Great Pumpkin says:
February 16, 2018 at 2:12 pm
You don’t get it. Look at media headlines, they only focus on public corruption. Private corruption is ignored to the point that if you didn’t witness it with your own eyes, you wouldn’t believe it existed.
So the crash of 2008 didn’t cost anyone here money? That level of corruption is disgusting, but who cares? It doesn’t exist. How bout Enron anyone? That didn’t impact the economy we all participate in?
You guys are naive. I stand by my statement, private sector corruption is the source of public corruption. Private corruption is responsible for the politicians in office. They own the got damn govt, but let’s act like public corruption is the problem. Get to the source people!
There is a reason the media doesn’t ever talk about private corruption.
Trump is such a loser.
https://www.usatoday.com/story/news/politics/2018/02/16/after-indictments-russian-nationals-trump-insists-no-collusion/346453002/
Give me a break. Hardly anyone goes to jail for private corruption. It rarely even makes the headlines, but you know what does? How much your govt employees like teachers make in a given year. Then conservatives have a circle jerk on how bad their govt is ripping them off, while completely ignoring private corruption. They then make wild claims that private corruption doesn’t cost them a penny…..so why would they care?
PumpkinFace says:
February 16, 2018 at 4:17 pm
What is Enron? You’re right there were no headlines about that. You’re right no one got in trouble. You’re right no went to jail.
It’s my recollection that, prior to 2007/2008, large corporate scandals resulted in people getting in trouble including jail time (for example: Enron, Tyco, Worldcom). There were others that didn’t get in trouble sure, but now no one does.
Back to the point, by definition, one has a significant level of control over their voluntary interactions (private) and significantly less over their involuntary ones (government). It’s indisputable to everyone but you.
Pumpkin – I’ve given you the attention you wanted. Fire away with your ignorance.
Great Pumpkin,
Not an accurate math but just a quick guesstimate which made me wait for buy after tax plan.
I was about to close on a 650K house in November. With 20% down, I was at 2800/month for mortgage. plus 1200 property tax. So total 4K/month.
I pay 2500 rent for a 2-family house. Its bigger than the one I was trying to buy.. Was trying to buy just because I was worried about getting priced out..
With my 200k+ income, I was looking to deduct 12K state tax plus 15K property tax. So around 9K back in my pocket.
With the new tax plan, I can only deduct 10K total. So I’m hit with min $500 per month to fed… Which is equivalent to 100K in mortgage.
Now you can argue that I will be getting deduction on mortgage but with higher standard deduction, no point in itemizing..
ofcourse the tax plan will put more $$ in my pocket to afford a house BUT its a wash when you have high SALT and more $$$ going out of your pocket…
Remember now the renters have better savings compared to owner . No much incentive to own compared to rent.
So financially it just doesnt make sense to own rent. Unless the rents increase to make up by landlords.
Nj department. It’s obvious you are mistaken. Have no fear he who knows all will be along to educate you and rid you of this insidious heresy. Help is on the way!
Nj dept,
I don’t even know what to say? You lost the deductions, but gained a lower rate on your tax rate. How is this making a home less affordable or more affordable? Couple thousand dollars can impact whether someone will purchase or rent? You are confusing me on what your point is exactly?
Ignorance is bliss. Again, how many times has private corruption taken down the economy? We always ignore it till it’s too late. Your mindset below contributes to this and I don’t expect you to understand how.
“Back to the point, by definition, one has a significant level of control over their voluntary interactions (private) and significantly less over their involuntary ones (government). It’s indisputable to everyone but you.“
Private sector….who the he’ll knows what they are doing. It’s all hidden. For example, why won’t trump show his tax files? Typical private sector corrupt business owner that some of you treat as gods.
Hell, you made the corrupt bastard president. How’s that for private corruption? This guy hijacked our govt and won the election on bs propaganda talking points. Nothing he said was real. I’m still waiting on crooked Hillary to go to jail.
Why don’t you guys cry about the legions of individuals who skip out on their taxes by pulling shady moves when it comes to reporting their taxes? Oh I forgot, Private corruption is not a problem. Silly pumps.
How’s this for private corruption? Sure, it doesn’t impact you?
“So long as the cosmopolitan Über-elite can force nations to bid against each other for access to their capital, the power of any national public to exercise genuine self-rule will be limited. Right now, 10 percent of the world’s gross domestic product is hidden in tax havens. There is no way for any country to claw back its share of that wealth — or prevent their superrich from further shifting the burden of taxation onto the middle class through tax evasion — without international action to sanction tax havens, and keep track of the ownership of all the world’s financial assets.“
The IMF Warns Trump’s Tax Cuts Could Trigger a Global ‘Race to the Bottom’ – New York Magazine
https://apple.news/AKs_ESx0bTFG6rQ0EhBvi-w
Eric Holder had cases that were easy to win. Instead, he chose to settle for billions in fines with no admission of wrong doing. Holder was a public official who gave the private sector a license to break the law. This is easily solved once the government starts behaving the way it should.
If I let the kids in my classroom run buck wild, is it my fault or theirs?
I don’t know. You often seem unhappy.
The Great Pumpkin says:
February 16, 2018 at 6:25 pm
Ignorance is bliss.
So a global bureaucrat from the IMF says that lower taxes and lower spending is “a race to the bottom”. I say let the races begin. And shut down the IMF too.
Not paying/reporting taxes isn’t corruption. It’s breaking the law. Look up the definition of corruption, idiot.
If you admit that comments like this are rooted in the perception that the author thinks the collective wealth of all the individuals in the world belongs to the governments and they decide what everyone should be allowed to keep, and you agree with the author. you can win the rest of the arguments for eternity. K?
The Great Pumpkin says:
February 16, 2018 at 6:51 pm
“So long as the cosmopolitan Über-elite can force nations to bid against each other for access to their capital, the power of any national public to exercise genuine self-rule will be limited. Right now, 10 percent of the world’s gross domestic product is hidden in tax havens. There is no way for any country to claw back its share of that wealth — or prevent their superrich from further shifting the burden of taxation onto the middle class through tax evasion — without international action to sanction tax havens, and keep track of the ownership of all the world’s financial assets.“
When you control the politicians to your own benefit and at the expense of everyone else, it’s the worst kind of corruption.
What the corporations and elite have pulled off in terms of taxes in the past 30 years is disgusting. There will be major repercussions for this in the next 20-40 years. They are literally putting govts in debt, and govts represent nothing more than the people.
No One says:
February 17, 2018 at 12:28 am
Not paying/reporting taxes isn’t corruption. It’s breaking the law. Look up the definition of corruption, idiot.
Yes, govts are the people. Wealth, aka resources, does indeed belong to everyone. Unfortunately, some have stolen this wealth for themselves due to their corruption of govt officials.
Take California for example. Forgot the dudes name, but he robbed the rights of ownership to the people’s water. He gets it from the govt and then he sells it back to the very same govt at 4 times the cost. What a good capitalist, corrupting the system to his own benefit.
Don’t even get me started on the oil industry. Corrupt bastards. These are the a$$holes who have corrupted the discussion on climate change, and they get legions of morons to eat it up and defend their bs.
PumpkinFace says:
February 17, 2018 at 1:43 am
If you admit that comments like this are rooted in the perception that the author thinks the collective wealth of all the individuals in the world belongs to the governments and they decide what everyone should be allowed to keep, and you agree with the author. you can win the rest of the arguments for eternity. K?
Love your argument too….,you are against govts being in control of resources, but are for greedy individuals owning it all. No one should have that kind of power, no one.
You see the result of slashing corporate taxes all around us. Why do you think the infrastructure is falling apart and yet we are still going in more debt? Keep defending this bs.
“The United States could raise taxes on its wealthiest citizens and accelerate the growth of its GDP, simultaneously. On the other hand, were advanced economies to cut taxes on their rich — and consequently, shift the burden of taxation on to ordinary citizens, or cut public investment — they would risk reducing global growth.”
“IMF Managing Director Christine Lagarde said the Trump administration’s $1.5 trillion tax cut could prompt other nations to follow suit, fueling a “race to the bottom” that risks hemming in public spending.
…“What we are beginning to see already and what is of concern is the beginning of a race to the bottom, where many other policy makers around the world are saying: ‘Well, if you’re going to cut tax and you’re going to have sweet deals with your corporates, I’m going to do the same thing,”’ Lagarde said.
…“You need public money,” she said. “The race to the bottom is not conducive to those investments and to helping prepare the workforce and our societies for this new economy of tomorrow.””
I dropped a heavy brick last night and clogged the bowl. If I had a poop knife hanging on the wall I could have takes it down and sliced up that bad boy before I flushed. No need to plunge.
Wonder if Home Depot sells those or will I have to MacGyver one
Should the handle or the blade be curved? Or should both be straight?
If the two were isolated from each other, this would be accurate. Lobbyist and lobbying are just one example. Another issue is that those agents (humans) that are one time a Public agent realize they will be or can coerced to be a private agent and profit if they do what will benefit them later.
It’s private money corrupting the public system. Do we punish the dealer or the addict?
America’s biggest addiction is not heroin, fentanyl or even alcohol. It’s the dollar. That is what Americans are addicted to. They are willing to do anything to get their paws on it. Which is why they are now trying to legislate pot going forward. They will give it to the addicts, as long as they can TAX THE HELL out of it and profit, just like any dope dealer out on the street.
Look at just how far municipalities are willing to sniff in hopes of getting a Bezos owned distribution center of Chinese made merchandise. It’s like 10 guys fighting over one hot girl-they look silly and stupid for doing it.
grim says:
February 16, 2018 at 2:14 pm
Public Corruption = Wasting my money
Private Corruption = Not wasting my money
Get it yet?
Hold my Beer,
2 other choices:
1. Change your diet. A diet rich in fiber will not exit that way. It will lower your chances of diverticultis also, you may even avoid a colon resection this way.
2. If you choose to continue with your present diet, buy and install a Toto toilet.
It can flush a small engine block without a hitch. No need to get your hands dirty every time you flush, will save you some time. OTOH, you will not have an excuse for having a weapon in your bathroom if you pull a Pistorius.
Phoenix,
Well said, and exactly my point. Private corruption is the source of public corruption. Follow the money.
Things have come a long way since The Love Boat.
If we could only train people to turn their cell phone sideways when recording video..
http://whnt.com/2018/02/17/rowdy-family-booted-from-ship-after-cruise-turns-to-bloodbath/
https://youtu.be/P1c2s0dQD3g
Can you take steps to avoid your interaction with companies in the private sector? The answer is yes but it’s not total. Yes, lobbying and all of it’s downstream affects is a serious problem – but you have zero chance of avoiding interaction with public agencies (aside from living in a cave I guess).
Phoenix says:
February 17, 2018 at 8:42 am
If the two were isolated from each other, this would be accurate. Lobbyist and lobbying are just one example.
8:06 no doubt a rectum enlarged from decades of gay sex…
Ex-jersey has a crush on me
Two things come from Texas, steers and queers…
8:42 the dollar is a helluva drug. Amazing really how many women give me nods and catty little smiles when I drive our new BMW vs our Subaru. People are by and large giant wankers. Women willing to allow men to caress their supple bodies in exchange for hush money. Taking the full length of their manhood for a dollars…..
Everyone knows how this tax bill was passed. Ultra rich donors wanted a return on their money. They threatened to cut off the money after the Obamacare debacle. Bought and paid politicians did exactly what their job deemed.
Get rid of pay to play once and for all. For some reason, no one talks about eliminating lobbying. No one. That’s how bad it is. It’s out of control. The govt has been hijacked by the all corrupting power of the dollar bill.
Cash rules everything around me…cream…get the money! Dolla dolla bill ya’ll!
So can we stop with the nonsense that govt is to blame. It’s clearly been hijacked by people YOU DON’T FU@K WITH IN THE PRIVATE SECTOR.
True patriot right there! Way to put America first!
“In 13 months in office, Mr. Trump has made little if any public effort to rally the nation to confront Moscow for its intrusion or to defend democratic institutions against continued disruption. His administration has at times called out Russia or taken action, and even Mr. Trump’s national security adviser, speaking in Germany on Saturday, called evidence of Russian meddling “incontrovertible.” But the administration has been left to respond without the president’s leadership.
“It is astonishing to me that a president of the United States would take this so lightly or see it purely through the prism of domestic partisanship,” said Daniel Fried, a career diplomat under presidents of both parties who is now at the Atlantic Council. He said it invariably raised questions about whether Mr. Trump had something to hide. “I have no evidence that he’s deliberately pulling his punches because he has to, but I can’t dismiss it. No president has raised those kinds of questions.”
Rather than condemn Russia for its actions, Mr. Trump in the past has said he accepts the denial offered by President Vladimir V. Putin. Mr. Trump has not imposed new sanctions called for in a law passed by Congress last year to retaliate for the attack on America’s political system, or teamed up with European leaders to counter a common threat. He has not led a concerted effort to harden election systems in the United States with midterm congressional elections on the horizon, or pressed lawmakers to pass legislation addressing the situation.
Michael A. McFaul, an ambassador to Moscow under President Barack Obama, called Mr. Trump’s reaction to the indictments “shockingly weak” and said he should instead have criticized Mr. Putin for violating American sovereignty or even announced plans to punish Moscow.
“Instead, he just focused on his own campaign,” Mr. McFaul said. “America was attacked, and our commander in chief said nothing in response. He looks weak, not only in Moscow but throughout the world.””
Ex-jersey has issues.
Then later coming back to complain about it on social media for a bit of fame or some other reason.
“Women willing to allow men to caress their supple bodies in exchange for hush money.”
Not once your body insists on having a drug that you need to keep yourself alive and one private sector corporation holds you hostage. Unless you choose to suffer or die, of course. Just ask Martin Shkreli or Heather Bresch.
“Can you take steps to avoid your interaction with companies in the private sector? The answer is yes but it’s not total.”
So you agree the answer is “yes but it’s not total.”
The biggest defect in the pump-idiot argument is that he claims no one here complains about private sector abuses. How many times has grim personally spoken out about Eric Holder doing nothing to hold anyone accountable for their CRIMES which caused financial crisis or about RACKETEERING in the healthcare industry? Lobbying? People comment here all the time about it (though some blame the ‘opposing party’ only). These are just a few examples. In conclusion, if you want to complain about others in general don’t redirect it here. Also, stop putting words in other people’s mouths. Being for or against something doesn’t automatically equal being for or against something else. Only a – wait for it – simpleton would think that way. You thought I was going to call you an idiot, didn’t you? Idiot.
12:48 when i was a wee lad, 19 or so, I was modeling material and many older women would make a big deal out of my looks. I also did fine with the chicks my own age. I had an innate understanding though, that going somewhere and trying to capitalize off of one’s looks would mean weirdness and definitely unwanted buttplay, EW. Gross.
For the most part, I try to skip all of his posts. And in the off chance I read one…it’s always a friggin trainwreck.
Another female teacher having fun with her male students. Soon there is going to be a shortage of white blond female teachers…
http://dailym.ai/2o6ZjrC
http://bit.ly/2o6Zlje
Can someone explain why we would even offer a Cruz a plea deal?
It’s getting weird in here again!!
Apparently a poop knife should have a dull blade since an accidental laceration would cause an infection. Maybe I can get some sort of metal spatula at an asian grocery
In honor of Polish Power……
https://nypost.com/2018/02/18/farty-passenger-forces-flight-to-make-emergency-landing/
Bule -“Can someone explain why we would even offer a Cruz a plea deal?”
Bury it quick, there were loads of failures here.
He was not kicked out of high school he was “moved” to an at risk center from high school so says the school superintendent, they did their part.
Then there is this.
https://www.nbcnews.com/news/us-news/social-media-post-led-florida-agency-investigate-nikolas-cruz-2016-n849221
He was under treatment for years and cops were called many times, local news sun-sentinel is doing a much better job than the MSM reporting these failures.
Then the FBI and local law enforcement failures. The kid was firing weapons in the neighborhood which was investigated by the local PD, no arrest and no charges field.
FBI hotline called etc.
This murderer had a s*i*t* sandwich since birth was lucky to get adopted and kept with his brother, there is a problem here however people in their 50s adopting young kids the dad died wile the one child was psychotic. It seems his older dead mother did what she could, once she passed this kid was bent on revenge and moved back from palm beach to broward to enact it.
They had their chance, tweak the laws already anyone on meds no guns….