From the Star Ledger:
Senate GOP bill delivers bigger blow to N.J. by killing your entire property tax break
The entire federal deduction for state and local taxes — an important tax break for New Jersey residents — would end under legislation proposed Thursday by Senate Republicans.
The Senate Finance Committee measure goes even further than the House, where Republican leaders agreed to keep a property tax deduction of up to $10,000 while eliminating the break for state and local income and sales taxes.
In both cases, however, Republicans have decided to target a tax break used disproportionately by New Jersey and other high-tax states, most of them governed by Democrats, in order to fund tax cuts for the rest of the country.
“New Jerseyans can’t afford to subsidize the rest of America more than we already do, and it is up to every member of Congress from New Jersey to put party aside and defeat this morally bankrupt bill before it bankrupts our future,” said U.S. Sen. Robert Menendez, D-N.J., a member of the finance committee.
More than 41 percent of New Jersey taxpayers take the deduction, according to the Tax Foundation, and 84 percent of those deducting their state and local taxes earn less than $200,000 a year, according to New Jersey Policy Perspective, a progressive research group.
Not only would state taxpayers lose a key deduction, but New Jersey would find it harder to raise taxes to make up for any federal budget cuts, said Jon Whiten, vice president of New Jersey Policy Perspective.
“Eliminating these deductions would harm millions of New Jersey families while squeezing the state at both ends,” Whiten said.
Piss covered NJ Republicans, grovel to their Democrat overlords for scraps.
GOP’s Kean to Murphy: I’ll trade you a minimum wage hike for income tax cut
State Senate Republican leader Tom Kean Jr. on Thursday said he’d support an increase in the state’s minimum wage in exchange for a middle class tax cut.
And he said Gov.-elect Phil Murphy should dump his called-for “millionaire’s tax” increase.
Kean, R-Union, said he was willing to raise the state’s minimum wage to a level that is “modern and fair,” but stopped short of agreeing to the $15 per hour sought by Murphy.
“I think there’s a better way,” Kean told to reporters during a Statehouse news conference on Thursday morning. “I think it’s absolutely the wrong message to send that you want to increase taxes on Day 1, on anybody.”
Murphy campaigned on a promise to fully fund the state’s school funding formula by raising the marginal tax rate on those earning more than $1 million, from 8.97 percent to 10.75 percent.
Gov. Chris Christie has vetoed just such a bill five times since taking office.
But now, fresh uncertainty about the future of the federal tax code has Republicans in the state concerned.
you mad bro?
Nah, I just like to stoke a fire. If I don’t this place gets boring pretty fast.
Watching that Menendez juror speak was jaw dropping. Willful ignorance. These people walk among us….judge us if we ever go to trial. NJ is full of them.
Are NJ Republicans even in a position to demand negotiation with Democrats over this? Democrats have the majority by a mile in the Senate and Assembly.
From Yesterday
“joyce you are correct that is $3,800 more in taxable income. Will be less in taxed paid”
But when you add $7,000 in State income tax that will not be deductible,my Federal tax will be going up. $7,000+$3,800=$10,800 at 25% is equal to $2,700 more in Federal Tax I need to pay. What else will not be deductible? My second home Property Tax at $9,000. Now I am looking at an increase of $4,950 in Federal Taxes. Since the increase in Standard Deduction was taken by the elimination of Exemption.Was it suppose to lower tax burden for the Middleclass
The millionaire’s tax is going to happen. Nothing Kean can do about it. They don’t need any Republican votes and the Senate president already promised to post the bill in a tweet on the night of the election.
Between the elimination of SALT and Murphy’s promise to raise taxes…things are not looking good here…
Taxing Marijuana and Millionaires just isn’t enough to solve NJ’s fiscal crisis.
Yeah NJ Democrats can pass anything they want to, they have enough votes in the Senate, the Assembly, and the Governor to sign.
Kean Jr can go piss off.
Federal Republicans in the same situation didn’t bother to negotiate with Democrats, why the hell would NJ democrats even bother?
Taxing Marijuana and Millionaires just isn’t enough to solve NJ’s fiscal crisis.
Solving NJ’s fiscal crisis is not on this administration’s agenda.
Yome – You own two homes in NJ? You are not middle class.
Everybody that is in the 25% Bracket($75,000 to $150,000) with 4 in family will be paying more in Fed Tax with this proposal. The killer is the Bait and switch done on the $12,200 increase in Standard Deduction and killing $16,200 Exemption,Red or Blue. Depends what the will do with Child Tax Credit. But Blue will be hurt most
$150,000 income is middle class. I just don’t spend that is why I was able to afford 2 kids in College and 2 homes
Your income and likely net worth put you in the top 4 or 5% nationally.
Yome are you married? Your standard deduction would be $24k not $12k.
It’s a load of crap anyhow, this has nothing to do with the wealthy paying their fair share.
Retain the estate tax and cap charitable contributions at $10k.
Charitable contributions if retained, will cost the government $230 billion in lost tax revenue over the next 10 years. Facing a gap of $1.5-1.7 trillion, why is this not on the table?
$150,000 is now high income in NJ? $250,000 was the number last year lol
Federal government doesn’t distinguish.
D-fens
I was just comparing the increase of $12,200 in Standard Deduction and eliminating $16,200 in Exemption. That is $4,000 more we will be paying in taxes.Yes,Married and know my Standard Deduction is $24,400 on this proposal
$4,000 more in taxable income. Joyce will be after me if I do not clarify this
Look at the bright side, the elimination of exemptions and replacement with smaller total-standard-deduction is the kind of similar to China’s One Child policy. Good policy to penalize families for having 2 or more children.
Add in the elimination of the medical tax deduction, tuition credits, deductibility of student loan interest, property storm damage deductions, school supply credits for teachers.
Billionaires can get tax deductions for donating to their alma maters, to build palaces to their names, but a teacher can’t get a write off for $250 in supplies she paid out of her own pocket.
Let’s Fuck Over the American Family Act.
@WSJ
Trump says Republican Senate nominee Ray Moore should quit Alabama race if sexual allegations are true
@williamlegate
Funny how the party which worried so much about their daughters’ saftey in the bathrooms is now going on the record to defend pedo philia…
Speaking of defending pedophilia – word on the street is that Corey Feldman finally named names.
short term loans with bad credit short term quick loans short term loans online [url=https://shorttermloans.us.com]short term loans colorado[/url]
LILLEY: NJEA at root of N.J.’s economic dysfunction
http://www.app.com/story/opinion/columnists/2017/11/09/njea-nj-power-murphy-dues-mike-lilley/107501540/
NJEA spends half of union dues on politicking?
Now you understand the importance of public education? Your ilk want to destroy public education by suffocating its budget. Don’t cry when the general population goes stupid.
D-FENS says:
November 10, 2017 at 7:17 am
Watching that Menendez juror speak was jaw dropping. Willful ignorance. These people walk among us….judge us if we ever go to trial. NJ is full of them.
The hypocrites enacted this tax reform are the same scumbags that argue you can’t tax the rich, it hurts the economy. How exactly does the estate tax on 5 million or more hurt the economy? How exactly does this tax reform not destroy the productive blue states economies by having to further subsidize the rest of the country? The hypocrisy is strong with team red.
yome says:
November 10, 2017 at 7:31 am
$150,000 is now high income in NJ? $250,000 was the number last year lol
Didn’t know who roy moore was until recently, but it appears in the age of fake news, flirting with a younger girl subjects you to accusations of being a pedo. “Robbing the cradle” is still commonplace in some locales when a certain protocol is followed even today.
$150k household income is top 8% in 2016. Median income was $59k.
The person earning $150k is getting 2.5x what the person who defines ‘middle class’ makes.
By yome’s calculation the $150k earner with a family of four will now show $k of more income and pay $1k more in taxes.
Do we feel that in funding a tax increase it is unreasonable to ask someone in the top 8%, who earns two and a half times the middle salary, to pony up an additional grand?
*will now show $4k*
That juror interview is disturbing on many levels. It appears with that attitude that there is practically nothing that would constitute bribery. As certain demographics expand we can expect the acceptance of corruption to broaden. It only takes a quick look at world corruption rankings to find the correlations.
Oh, you are going to get it now you fuc!ing hypocrite. So it’s not okay to have someone making 10 million a year pony up 75% tax? They are still left with 2.5 million after taxes which is still almost 50 times the median income. The heirs of 5 million (or more) estates can’t help throw in some money to support society? You are a jerkoff.
“Do we feel that in funding a tax increase it is unreasonable to ask someone in the top 8%, who earns two and a half times the middle salary, to pony up an additional grand?“
lefty, the njea story above dovetails perfectly with the underlying fairness issue that the tax reforms will address.
Big liberal political machines use the tax deduction as a tool to build their base. It looks like that loophole is coming to an end. No more deductions for forced donations to these cesspools.
Keep deep throating that 1% co!k you have in your mouth. Govt payed for and owned by the elite with the support of people like you.
Loser. Attacks teachers but advocates for the elimination of the estate tax. Two thumbs up!
“Big liberal political machines use the tax deduction as a tool to build their base. It looks like that loophole is coming to an end. No more deductions for forced donations to these cesspools.“
New Jersey’s public education system is great for teachers and even better for administrators. It’s “ok” for some kids.
Well, if this tax law passes, might be leaving jersey. Who would have thought that it would be national republicans taxing me out of my home state? The irony.
But let’s cry about Phil Murphy you fuc!ing hypocrites.
Pumkin unravels
The rot sets in after Halloween.
Christ it’s cold this morning.
On the bright side – lawn finally going dormant and this wicked wind is making quick work of the rest of the leaves.
Nah pumpkin. You and nj are perfect together. Both complete messes. Though it is unfortunate for you that you’ll be forced to pay for the machine gov bs that you love so much. Now suck it up.
I’m shocked…
https://www.bloomberg.com/news/articles/2017-11-10/hamptons-homebuyers-already-figured-out-how-to-game-the-tax-plan
A client of Brown Harris Stevens broker Jessica von Hagn who works at a hedge fund decided to turn the vacation home he’s buying into an investment property by setting up a limited liability company. That will allow him to deduct the interest and earn rental income at the height of the season from the modern home on Bridgehampton’s Lumber Lane, with four bedrooms, three baths and a swimming pool on an acre of land.
Just explain the irony in the National Republican base raising my taxes to the point that it will force me to move out of my state that I love. This wasn’t state or national democrats, this is republicans operating at the fed level, going after my pocket and robbing me blind since I get absolutely nothing in return in the form of services for this huge tax increase. I’m prob going to be paying at the minimum 10,000 more. This is insane.
Nwnj says:
November 10, 2017 at 9:42 am
Nah pumpkin. You and nj are perfect together. Both complete messes. Though it is unfortunate for you that you’ll be forced to pay for the machine gov bs that you love so much. Now suck it up.
” No more deductions for forced donations to these cesspools.”
My father was fired from his union job in the 70s over his agitating on this issue. He was Conservative, forced to contribute to the union. Union spends most of these collections exclusively on liberal issues. Forced taking of my father’s money to support political issues he found offensive.
Fast forward to the Citizens United Supreme Court decision. It gave the same right to private entities to electioneer on behalf of candidates that the unions have enjoyed exclusively for decades. Main difference, the new entrants are right of center and don’t force ‘donations’. And have a boatload of cash.
The single largest issue on the liberal agenda is reversal of Citizens United. It is a good litmus test for how far left someone is. Shrug of the shoulders – mainstream run of the mill liberal. Far left – head will explode like a bugs bunny cartoon.
“Our market relies on the winds of the ultra-rich, who will be getting a reputed tax break anyway that should more than make up for the loss of the mortgage deduction,” said Estin, who writes the Estin Report on the Aspen market. “For the rich, a mortgage is more a source of cheap funds — bankers line up to loan them real estate money in the hopes of relationship-building — and the deduction aspect is almost ancillary.”
Lefty,
Tell grim and I how wrong we are again…
Who’s the donkey now?
Grim says:
November 10, 2017 at 9:49 am
I’m shocked…
https://www.bloomberg.com/news/articles/2017-11-10/hamptons-homebuyers-already-figured-out-how-to-game-the-tax-plan
Pumpy, you are getting Phil Murphy, Sheila Oliver, Abbott schools, njea, and all of the other big gov programs formerly being subsidized by the SALT deduction.
But when you add $7,000 in State income tax that will not be deductible,my Federal tax will be going up. $7,000+$3,800=$10,800 at 25% is equal to $2,700 more in Federal Tax I need to pay. What else will not be deductible? My second home Property Tax at $9,000. Now I am looking at an increase of $4,950 in Federal Taxes.
Forget income of $150,000.
Everyone that is a family of four taking a Personal Exemption of $4,050 multiply by four is—> $16,200 will be eliminated for an exchange of increase of $12,200 in Standard Deduction. Will be paying $4,000 more in taxable income. Blue or Red. How about Families that have more than 2 Dependents? Now they are paying a lot more.
This depends where Child Tax Credit will go ofcourse
“By yome’s calculation the $150k earner with a family of four will now show $4k of more income and pay $1k more in taxes.
Do we feel that in funding a tax increase it is unreasonable to ask someone in the top 8%, who earns two and a half times the middle salary, to pony up an additional grand?”
Some of the worst reporting by Bloomberg ever, especially since it is a purportedly business magazine. Author and fact checker need to fired.
It has been a couple years since I’ve had to deal with this so if I am wrong someone with more accounting knowledge please weigh in.
The ability to claim a second home as an investment (rental) property has to do with the amount of time you, the owner, spend there. There is/was a 14 day/10% rule. If you vacation there more than 14 days (or more than 10% of the days the house was rented) it is a personal property. Period.
Flipping it into an LLC while retaining ownership does not matter.
What the homeowner interviewed likely said is that his family spends little actual time there so they will manage their time and run it like a rental. Keeping beneficial ownership, dropping it into an LLC, and sending wifey and kids out there for summer while claiming it as an investment property does not work. And will very likely get you and your accountant in some deep water.
The reporting around this tax issue has lost all sense of proportion and fact, and devolved into pure opinion and emotion.
“A client of Brown Harris Stevens broker Jessica von Hagn who works at a hedge fund decided to turn the vacation home he’s buying into an investment property by setting up a limited liability company. That will allow him to deduct the interest and earn rental income at the height of the season from the modern home on Bridgehampton’s Lumber Lane, with four bedrooms, three baths and a swimming pool on an acre of land.”
Holy god, you are beyond stubborn. Now blaming the reporting as wrong, just to try and save face. Just admit that you are wrong and move on. Jeez…
leftwing says:
November 10, 2017 at 10:09 am
Some of the worst reporting by Bloomberg ever, especially since it is a purportedly business magazine. Author and fact checker need to fired.
And in the same context, you are okay with the federal govt robbing our state blind. You have issues. Those tax dollars have no impact on us. They leave our state and never come back. Even if the state taxes are corruptly spent, at least it’s staying in state.
Nwnj says:
November 10, 2017 at 10:02 am
Pumpy, you are getting Phil Murphy, Sheila Oliver, Abbott schools, njea, and all of the other big gov programs formerly being subsidized by the SALT deduction.
Yome, don’t disagree. But the issue you raise about the level of your property taxes is your issue. Not being inflammatory here but the fact you live in one of the most profligate, corrupt, and bankrupt states is your problem, not the rest of nation’s. Let’s leave the variable of how 50 different states tax their local citizens to the side for now and continue to focus on the federal elements.
Back on your numbers. Yes, it appears the child tax credit may increase up to $600. Plus, there may be a $300 parent credit. And, I did some back of the envelope on the savings a $150k household would derive from the statutory rate bracket moves and it’s about $300.
Not big numbers all in, but remember we were only looking at a $1k tax increase previously. Before taking into account the differences among how States tax their citizens even a $150k earner could at least break even under the proposal when looking at the common federal elements.
yome
Your weeks behind in the conversation. All I did was point out an error.
New Jersey will see a federal tax decrease: Rep. MacArthur https://video.foxbusiness.com/v/5639394623001
Oh it is the nations problem. You are going to hurt this economy by forcing people to move into less productive economies. Pure genius!!
So let me get this straight, if we didn’t have high property taxes, you would still be okay with this theft? How would you defend it then? Oh it’s okay to rob nj blind and redistribute their money to other states. No problem!
leftwing says:
November 10, 2017 at 10:22 am
Yome, don’t disagree. But the issue you raise about the level of your property taxes is your issue. Not being inflammatory here but the fact you live in one of the most profligate, corrupt, and bankrupt states is your problem, not the rest of nation’s. Let’s leave the variable of how 50 different states tax their local citizens to the side for now and continue to focus on the federal elements.
Spoke to my CPA last night we will be paying more. No salt mtg interest tiny small. Loss of property tax but also small. Will be opening more Iras. But like my accontant people in most of the country won’t be crying for us.
From the Video:
” I have looked at every Tax Bracket and everyone is going down”
I want to see what is the max income on the 12% bracket.
I doubt my bracket at 25%,$150,000 will come down to 12%
3b, without disclosing more than you want to are there any more details you can share?
Interested as it is coming from actual work by an accountant.
How much more in new taxes as a % of your income? Or, how much more in new taxes as a % of what you currently pay? Thx.
What a clown!
D-FENS says:
November 10, 2017 at 10:25 am
New Jersey will see a federal tax decrease: Rep. MacArthur https://video.foxbusiness.com/v/5639394623001
Can’t believe he calls himself a republican
New Jersey will see a federal tax decrease: Rep. MacArthur
This is nonsense, he outright called the state and local tax deductions, and the mortgage interest deductions, LOOPHOLES.
Please tell me that you don’t actually believe a single utterance of doublespeak that came out of his mouth.
“I’m going to work with the governor”
No, you are not, pretty sure the new governor doesn’t give a shit what you think Rep MacArthur.
Man, I miss the old Republican Party I loved. The one based on honesty and old traditional values like hard work. These clowns now raise the taxes more than democrats while giving no increased services to go with it
Hope the national republican party has a job for you somewhere.
@MittRomney
Innocent until proven guilty is for criminal convictions, not elections. I believe Leigh Corfman. Her account is too serious to ignore. Moore is unfit for office and should step aside.
Well, if this tax law passes, might be leaving jersey. Who would have thought that it would be national republicans taxing me out of my home state? The irony.
So let me get this straight. For five straight years you talk about the wealthy needing to pay more taxes, and now you, who espouses to be very wealthy, have to pay more tax, and that’s going to cause you to move out?
Didn’t you also claim that if taxes were raised, that capital flight is not an issue?
MacArthur single-handedly negotiated the last obamacare repeal bill that passed in the house but bombed in the senate. Trump hosted fundraisers for him afterwards that made a mint. He’s sure to have a job in the Trump Admin if things go south for him in his current line of work.
@MaxBoot
Earlier this week I wrote that Trump is “defining deviancy down” and “reducing a once-great nation to his tawdry level.”
Then the Roy Moore scandal broke.
@caitlin_kelly
Things i didn’t anticipate having to re-litigate in 2017:
☑️ Nazis, bad
☑️ Slave owners, bad
☑️ Pedo philes, bad
It’s not a shocker that the repubs want him to step aside, he’s going to lose.
The timing of the story is really suspicions. Now it’s too late for them to change the ballots.
Grim, why did my post at about 10:35 get deleted? The post described a residential real estate transaction in HOB.
You didn’t know the DNC and Hillary paid for a dossier on NJ too?
Senate says “F*ck You New Jersey” and proceeds to piss all over us
The cuts target “middle income earners” and businesses. That was always the goal.
First off, I’m not wealthy. If I was, I would be getting a HUGE (pun intended) tax break. This is why people like myself are pissed. The top are getting a tax break and I’m not? How do you even defend this? So it’s okay to give the ultra wealthy a tax break, but it’s not okay to give well off hard working professionals? No, we get a tax increase because we make too much? Wtf? Which one is it?
When has this state raised my taxes by more than 10,000 in a given year? That’s bat sh!t crazy. Let’s be serious here, esp when it’s pure redistributative in nature. It leaves my state and I see no benefit. It actually cripples my state economically, as the redistributative nature of the tax reform handicaps our state and makes these other states more competitive.
Blue Ribbon Teacher says:
November 10, 2017 at 10:50 am
Well, if this tax law passes, might be leaving jersey. Who would have thought that it would be national republicans taxing me out of my home state? The irony.
So let me get this straight. For five straight years you talk about the wealthy needing to pay more taxes, and now you, who espouses to be very wealthy, have to pay more tax, and that’s going to cause you to move out?
Didn’t you also claim that if taxes were raised, that capital flight is not an issue?
Things i didn’t anticipate having to re-litigate in 2017:
☑️ Pumpkin, bad
☑️ Pumpkin’s brain, bad
☑️ Pumpkin’s street, bad
Find Pumpkin’s house.
🚥🚑🚕🚒🚙🚗🚕🚑🚕🚒🚙🚗🚕🎃🏡🚑🚕🚒🚙🚗🚕🚑🚕🚒🚙🚗🚕🚥
Reagan gave a tax break to all!! Trump could never stand a day in his shoes.
Left he did not give an exact breakdown but based on top of his head knowing my tax situation etc he figures somewhere around 3k to4k more a year. Spouse and I both claim zero deductions and pay additional throughout the year plus i max 401k and Ira contributions etc he also said this plan hits those they wanted to hit the comfortable under 250k to 500k crowd. Also thinks this will impact house prices if only by appearance sake. Although he was never a fan of people buying stretching for a house for the tax deduction.
Got it. Thx.
DO NOT FEED TROLL.
What is so hard about this? Troll will argue anything, regardless of past positions or statements and flip flop positions out of convenience.
Let it die.
Here, here.
3b, this is coming from a polite and friendly manner. Let’s put our differences aside and discuss this.
I don’t know if I’m thinking too deep into this, but what do you think about this. This tax reform is a way of keeping the people that are on track to hit the wealth floor a couple notches down and keep the people at the top floor in place. Look at the overall picture; who is hurting and who is it helping. It’s a direct hit to a specific group. It’s a direct help to a specific group. The repeal of the estate tax just breeds dynasties in capitalist based economic systems. So much easier to maintain your position, requires almost no risk which is what capitalism is about.
I think that’s the goal of this reform, slowly chip away at the steps of the economic ladder all the way at the top. Make the competition much more difficult to leave the top, and at the same time, more difficult to get there.
3b says:
November 10, 2017 at 11:21 am
Left he did not give an exact breakdown but based on top of his head knowing my tax situation etc he figures somewhere around 3k to4k more a year. Spouse and I both claim zero deductions and pay additional throughout the year plus i max 401k and Ira contributions etc he also said this plan hits those they wanted to hit the comfortable under 250k to 500k crowd. Also thinks this will impact house prices if only by appearance sake. Although he was never a fan of people buying stretching for a house for the tax deduction.
The hardest workers in our economy…getting nailed
Hawaiians flipping Hoboken apartment building for $23 million profit. Bought 10 years ago (“peak” according to NJ real estate haters at the time) now selling $70 million.
✊Resist
(the temptation to speak to trolls)
Interesting take by mitt. Using the revisionist standard his family tree is full of pedos rapists and the like.
Between the new tax reform or whatever it is and Murphs plan to raise taxes and his insane state bank proposal NJ is becoming even less desirable then it was as a place to live and work.
“Senator Menendez is a good man”
“People like to debate why residential real estate has a special place in the U.S. tax code. There are two main reasons: ownership brings with it obligations, including commitment to neighborhoods, local schools and good municipal government. The other is that owners stimulate the economy more than renters.
While we can debate exactly how true the first point is, there is no debate about the second: Owners tend to improve their properties — they buy more furniture and appliances; put in new kitchens and bathrooms; own more cars; spend more on landscaping. This consumption results in higher revenue and profits for corporations, and it eventually works its way into higher stock prices.”
https://www.bloomberg.com/view/articles/2017-11-10/millennials-leave-the-basement-to-buy-homes
I called this how long ago?
“We have now seen that pattern reverse during the past year or so. Homeownership bottomed in mid-2016, and has gained a full percentage point since then. If this were a stock, you would say the trend has been broken.
Several forces play a part here:
No. 1 Rising rents: As they go higher, the calculus of buying versus renting tilts more toward ownership than being a tenant
No. 2 Strengthening economy: Increasing job creation and faster wage growth makes ownership and the attendant mortgage-interest tax deduction more attractive
No. 3 Household formation: The decline that followed the credit crisis is ending and millennials are vacating their parents’ basements, moving in together, getting married. The next step, along with having children, often is buying a home;
No. 4 Passage of time: As the credit crisis recedes from memory, fear of making large financial commitments is in decline.”
https://www.bloomberg.com/view/articles/2017-11-10/millennials-leave-the-basement-to-buy-homes
Strong statement from Louis CK, too bad Bill Clinton couldn’t man up to his sexual abuse. Shocking that democrats still defend him. He perfectly describes situations in which consent is simply not possible.
“These stories are true,” he admitted. “At the time, I said to myself that what I did was okay because I never showed a woman my (penis) without asking first, which is also true. But what I learned later in life, too late, is that when you have power over another person, asking them to look at your (penis) isn’t a question. It’s a predicament for them. The power I had over these women is that they admired me. And I wielded that power irresponsibly.”
Grim it was a strong statement. At least he manned up. As for Clinton and the Democrats forget it. They will always justify why it is okay when one of theirs does something and howl outrage when a Republican does the exact same thing. Somehow its always different.
Louis CK comes out as Mexican
Who’s Louis CK?
So NJ is now screwed. If you work in the greater NYC area, what are your choices. Move to NYC? even more expensive. Move to CT? Enjoy the longer commute, same expenses.
Move to PA? Good luck with that commute.
Your only option is to bend over.
“F*ck you New Jersey”
Found out today that my neighbor stopped paying his mortgage. House is up for auction. Time to open the bourbon.
Mike you are right in that regard. Your choices are limited if you work in and around the nyc metro area. I was just pointing out that as far as any real economic turnaround for the state of NJ it is not happening. There will be no Amazon or some other entity. We are not going to become a tech mecca or silicon alley. And for young people starting out there are other alternatives and yes they of course will have their issues but still make compelling alternatives for a variety of reasons.
Defens what age group is your neighbor in?
If this tax reform or whatever one wants to call it does pass and the Democrats win the White House in 2020 along with both houses don’t think they will change it back. Oh they will say they will to their respective audiences but at the end they of the day this suits them just fine.
@ShaunKing
Elected officials in Alabama are literally arguing that the victims of Roy Moore should be prosecuted. I had to read it multiple times to make sure I didn’t misunderstand.
I watched de Blasio on CNBC this morning and he said he wants to expand pre-K to include 3 year olds (which is what Boston has had for over 20 years now).
So NJ is now screwed. If you work in the greater NYC area, what are your choices. Move to NYC?
You are delusional. You don’t want to pay a 10 thousand more to subsidize mid-American states but you want someone who earns 10 million to pay 7.5 million in taxes tooo subsidize mid-American states?
I agree. These “bombshell” stories are “oppo research”, carefully chambered and only discharged when the opposing campaign wants them shot into the twittersphere. These are absolutely not organic news stories.
Isn’t it funny how no one in the MSM ever made a peep about the timing of the debate-adjacent release of the Access Puzzywood and Alicia Machada stories?
Isn’t it even more funny that the same MSM fell all over themselves to write stories about the timing of Trump lining up a handful of Slick Willy’s and Slicker Hillary’s puzzy conquests right before a debate?
Elected officials in Alabama are literally arguing that the victims of Roy Moore should be prosecuted. I had to read it multiple times to make sure I didn’t misunderstand.
^^^^ Just because the “real” story behind when these “news stories” break isn’t ever addressed by the MSM doesn’t mean that voters don’t see right through it and vote against the campaign that is gating these stories. Roy Moore will win in a landslide.
Pumpkin,
Where will you move to?
This is going to tank njs economy, especially for the salaried professionals. Lots of people rely on those deductions to save or at least not fall asleep not debt.
At JR enjoying a sweet little Nicaraguan (guess I need these days to clarify cigar, not waitress). Nice there are still some places like this.
I don’t get why celebs want an audience when they take a shower or want to club the seal. What kind sick power would play is that. I bet a lot more big names get taken down by thanksgiving. So far Tambor is the only surprise and I have never heard of the guy from gg.
David Letterman, Andy Pettite, etc. have shown how getting out in front of a story is always the best plan. Trump is even smarter. He tells Howard Stern what he did even before he is caught so there is nothing to apologize for.
Hot damn, NJ democratic leadership tells NJEA leaders to resign.
Grim
When you come for the king, you best not miss.
The njea tried to take down Sweeney by supporting a trumper. Geniuses. Making teachers shell out $900 a year in dues and for what?
I think most of life lessons can be learned watching the Wire .
I still don’t understand why taking a loan from your Mom is the “head shot”.
I think most of life lessons can be learned watching the Wire .
Mike 3:13 pm
Westchester and Nassau – especially Nassau – will emerge to be the best suburbs for home price appreciation in New York City area.
Nassau will benefit from improved commute when East Side Access opens in a few years. So as NJ commute gets worse, and Westchester’s stays about the same, Nassau’s gets better.
Nassau also benefits from proximity to Queens, which is booming with upwardly mobile middle class immigrants. When Queens residents look to make a move to the suburbs, they choose Nassau first. And with the boroughs popluation up 450,000 in past few decades, the pipeline of future Nassau homebuyers is massive.
Combine improving transport infrastructure, the Queens population growth, and almost no single family homes being built in Nassau, and the outlook for Nassau home prices looks rosy, especially compared to NJ.
Note – I am not a Nassau realtor.
payday loans bad credit direct lenders for bad credit bad credit personal loans [url=https://badcreditpersonalloans.us.com]bad credit personal loans[/url]
I would prefer Hoboken because whatever price you pay it’s going to be worth a ba-gillion more soon.
Yo! says:
November 10, 2017 at 6:16 pm
Mike 3:13 pm
Westchester and Nassau – especially Nassau – will emerge to be the best suburbs for home price appreciation in New York City area.
“The ability to claim a second home as an investment (rental) property has to do with the amount of time you, the owner, spend there. There is/was a 14 day/10% rule. If you vacation there more than 14 days (or more than 10% of the days the house was rented) it is a personal property. Period.”
So you rent to the neighbor and they rent to you.
NJEA spends half of union dues on politicking?
I have their tax forms somewhere. They pay out the top 10 people an average of $600k per year. They also make an incredible amount of donations to non profits that have nothing to do with education. 30k here, 30k there among dozens and dozens of non profits. Then when you check to see who is on the board of those charities, magically, it’s one of the NJEA execs. The NJEA is a money laundering operation masquerading as a advocate for the teachers. I’ve yet to meet a teacher outside of a local union rep to ever give two shits what the NJEA does. They do what they want and their main goal is to maintain that cash flow. If that involves throwing their union members under the bus, they will and have.
Pumpkin,
Nassau is a horrible place to live. Who in their right mind spends a good chunk of life isolated out on LI?!?
D-FENS,
a family member rode this for six years before finally stepping aside (after collecting his GO cash of course). The house is updated and all around nicer under new ownership.
Here’s an anti-NJEA blog written by a teacher in the state. Granted, I don’t agree with everything he says or positions he takes but a lot of it is 100% spot on. Case in point.
http://www.njea-info.org/main/previous/2
On September 24, 2017, Ed Richardson posted an article on the NJEA website entitled “Why is Tom Moran Flacking for the Sweeney-Norcross Machine?”
THIS IS NOT A BLOG POST ON BORING POLITICS
Don’t care about stupid New Jersey Politics?
Neither do I.
For the most part elections are a waste of time. You vote for one of the two clowns who are lying to you and then they ignore you once elected so they can go serve the rich special interests who really fund their campaigns.
But this blog post is not really about politics in New Jersey – it is about the Executive Director of the NJEA and how he is getting rich at the expense of NJEA members.
POLITICAL WRITER TOM MORAN STARTS THE CONTROVERSY
It all started when Tom Moran asked a very simple question (see below) in his September 24, 2017 http://www.nj.com article entitled: “Classroom teachers: Your union leaders are gouging you.”
Moran’s article claims that Richardson’s compensation in 2015 was 1.2 million. An NJEA tax filing was provided as a basis for the calculation of this compensation and Moran rightly asks: “Why do classroom teachers [who earn on average $70,000] put up with this?
WHY DO TEACHERS PUT UP WITH THIS?
I will answer that for you Mr. Moran if you are really curious about this.
First, classroom teachers are forced to pay dues to the NJEA whether they want to or not. After a while, we stop paying attention to what is going on. It is the same reaction citizens of the country have towards Congress and the government in general. We don’t have a choice about paying taxes and no matter who we elect nothing changes.
Secondly, classroom teachers don’t have a clue about what is really going on in the NJEA. Their local school union officials only focus on how the local union is always fighting for a better contract. Let’s be honest, a decent contract is all that the typical classroom teacher cares about. And since contract talks only come about every three years, teachers only care every 3 years.
But they only care about their own compensation and benefits – not how much Richardson is making. Ninety-nine point nine percent (99.9%) of classroom teachers have no idea who Richardson is nor do they know what is going on at the NJEA.
By the way, I did an unscientific poll around my school to determine the 99.9%. I asked 25 teachers and none of them had a clue who Richardson was. Yes, I know the percentage should be 100% but I expect that if I increased the sample size to 1,000 probably SOMEONE would recognize the guy.
ED RICHARDSON’S LAME, SELF-SERVING RESPONSE
As for Richardson’s response on the NJEA website?
It is a self-serving attempt to cover up for the embarrassment caused by Moran revelation of how rich he is compared to regular teachers.
Here is what Richardson says:
“[Moran] used a mind-mindbogglingly dishonest calculation to claim that my compensation is nearly 4 times what it really is.”
Really Ed?
If Moran’s calculation was really as far off as you say (“mind-mindbogglingly dishonest”) they you should have no trouble explaining to us dues-paying NJEA peons where he went wrong. How about you prove that you don’t make that much?
By the way, you say that you only made $300,000.
In my book, that is still a lot of money – at least compared to us lowly classroom teachers who pay your salary.
I’ll just leave this here:
https://youtu.be/pYdoQ6DZ3F4
Nassau commute is nasty. I work with a few out there. I asked if most took the train and was told that a lot still drive. I had to drive out there a few weeks back. I did the reverse commute and saw a wall of traffic on the other side of the LIE for about 20 miles.
I raise that California shit.
https://www.youtube.com/watch?v=jY4SF8xWKFo
Nassau is a terrible commute.
All my co workers who lie there, it takes much longer than it takes me.
like it or not this is your anthem by default:
https://www.youtube.com/watch?v=jY4SF8xWKFo
(lower quality link, the original seems to have been pulled)
They did a great job on that, the whole crew. The lyrics are absolutely on point, written by a lifer.
Television Interview (clot Edition):
https://www.youtube.com/watch?v=EPu7c0PSYeY&feature=player_embedded
Honorable Mention:
https://www.youtube.com/watch?v=yosEFnhS3TI
Clearly not the first head butt that dude threw.
NJEA took a shot at the king and missed.
http://philadelphia.cbslocal.com/2017/11/10/analysis-sweeney-vs-njea-battle-leaves-political-scar-that-may-not-heal/
Seagulls fighting over trash in the background…the sound of a Harley ripping by on a nearby highway…the smell of Taylor ham in the wind…
Jersey
8:06 always. She’s deliciousZ
I love how NJ residents have been beyond stupid for decades, letting tax-and-spend Democrats destroy the states. And now, you want to blame the senate because you can’t write off your outrageously high and totally ridiculous real estate taxes.
You deserve what you get with Murphy, so bend over and take it (again).
I lived for a year just over the Nassau line in Suffolk county (Centerport/Greenlawn). Commute to NY was an absolute breeze on the train. Even driving is not so bad, though I rarely did. What NJ dwellers fail to realize, because they have no experience, is how wonderful it is to commute to NYC with the Sun at your back both ways. LI residents seem to have their commute down to an exact science which is absolutely not the case for NJ commuters. The only fault I found living in Long Island is waitress service. The restaurants are great, but the waitstaff sucks. I think this is because they have no poor areas to draw from for blue collar work. Huntington Village is a fantastic place to live (I had a small place there for the Winter before we moved there) but if you look at a map, you can see that there are no blue collar towns surrounding it, so where are you going to get waitresses and busboys? Imagine if Closter had 100 restaurants and you’ll start to get the picture.
BTW, as far as the NYC surrounds go — You don’t live in much of a town unless you have outdoor paddle tennis courts that are being used extensively at night in January.
11:38 you mad bro…?
ExPat,
Now you have a house, here is something for the garage.
Going local down here. I know the car and its in great shape.
https://newjersey.craigslist.org/cto/d/1973-fiat-124-spider/6381595812.html
If the state is so concerned about the taxpayers losing property tax deduction why don’t they do away with the states cap of 10K as well ….it’s a start
chill. think maga, the grabber in chief will maga.so you got that going for ya
Guomino says:
November 10, 2017 at 11:38 pm
Vomit
http://www.nj.com/entertainment/index.ssf/2017/11/nj_home_makeover_warren.html#incart_river_home
That’s classy for Livingston folk.
Return on resale?
-15%
LOLOL. Best case yet for taxing the fcuk out of people like this, so they don’t have the resources to go out and pillage another innocent property.
“This 4-foot-long light fixture was installed above a glass table surrounded by chairs with embroidered silk backs and washable faux-suede seats.
“The chandelier was custom-designed,” Trincanello said. “Specifically selecting mixed crystals, with rock crystals and some gemstones to create a striking effect.”…
In addition to the chandelier, Trincanello’s custom-designed pieces in the $250,000 project include furniture, cabinetry and millwork.”
https://www.nbcnews.com/politics/congress/growing-list-republicans-say-goodbye-washington-ahead-midterms-n819496
bad credit quick loans quick loans quick loans [url=https://quickloans.us.com]fast same day loans[/url]
Seems like every rock in Hollywood is getting turned over…
short term loans oklahoma short term loans for bad credit short term loans [url=https://shorttermloans.us.com]short term payday loans[/url]
For all Veterans, thank you for your service.
True Greatness!
https://shareblue.com/on-veterans-day-trump-viciously-attacks-a-veteran-and-praises-a-dictator/
“Donald Trump loves playing dress up, and pretending he’s a military guy. But ‘Bone Spurs Donnie’ ran away scared when his nation called,” said Will Fischer of Vote Vets.
From insulting POWs by saying they were only heroes because they were captured, to insulting families of the fallen, to stiffing veterans charities until the Washington Post exposed him, to moving to privatize the Department of veterans affairs, Donald Trump has shown that his feelings about veterans only goes as far as how much he can get out of us for his own purposes. Donald Trump is easily – EASILY – the most anti-veteran President in the history of this country. It’s not even close.
For leftwing……
https://twitter.com/twitter/statuses/929524475649036292
Offered without comment, because I’m like WTF!
https://twitter.com/realDonaldTrump/status/929511061954297857
https://www.cnbc.com/2017/11/06/how-much-you-need-to-earn-to-be-in-the-top-1-percent-at-every-age.html?recirc=taboolainternal
Yes, was/is 1%er based on my age cohert. Not sure I can keep it up. Have to take significant risk to hit 7 million in 13 years with the income to go with it.
^^^^ Buy more pancake in a can and go into business with your Dad.
Hahhahahahahahahaha
quick loans no credit check quicken loans quick loans no credit check [url=https://quickloans.us.com]quick cash loans online[/url]