From the Star Ledger:
Tax Day 2019 more taxing for 400K N.J. households, thanks to Trump law
If you saw your taxes go up under the Republican tax law that limited your property tax break, you weren’t alone.
In fact, 411,809 New Jersey households saw their taxes rise, the fifth highest number of any state, according to a report by the Center for American Progress, a progressive research group founded by John Podesta, who later chaired Hillary Clinton’s 2016 presidential campaign.
Only California, New York, Texas and Florida saw a greater number of households paying more in taxes, according to the report, based on data from the Institute on Taxation and Economic Policy.
Far more New Jerseyans — 3.5 million — saw their taxes reduced. But Seth Hanlon, a senior fellow with the center, said a law that increased the federal deficit by $1.9 trillion over 10 years shouldn’t have raised anybody’s taxes. Nationally, 10 million Americans got a tax hike.
“What really rubs people the wrong way is there are 10 million people getting a tax increase when the very wealthy and corporate America are getting an enormous windfall,” Hanlon said. “If you were going to design a tax cut that would increase the deficit by almost $2 trillion, it’s easy to design a tax cut that would go to middle class people where no one comes out worse off.”
California, New York and New Jersey were among the states disproportionately affected by the legislation’s $10,000 cap on the federal deduction for state and local taxes. New Jersey and New York also send billions of dollars more to Washington than they receive in services.
Every year, 100% of NJ households pay higher state taxes…
Just sayin.
second..
Elect a governor that ran on a platform of “I’m going to raise your taxes!”, and then complain about higher taxes.
Fairly biased headline, fairly biased writing. Pretty crappy journalism.
Check out the party pictures…
Less than a year on the job, Roger Leon, the first Newark School Board-selected superintendent in 22 years, threw himself a 50th birthday bash at the Robert Treat Hotel on Friday night.
Leon last year said he wants to be a “proficient and influential agent of change.”
https://www.insidernj.com/newark-schools-super-leon-throws-50th-birthday-bash-robert-treat/
I’m going to bet that a big portion of that 400k, are paying huge property taxes.
Say, upper middle class family that inherited their a large home from either of their parents, with an oversized property tax bill.
They wouldn’t have previously fell into the AMT trap, however they would have benefitted significantly from the deduction.
Or, how is this data being normalized? I had big startup losses two years ago for my LLC, which reduced my tax liability, last year I had income. Just looking at the net, my taxes went up, I’ve absolutely got to be in that 400k number. But that doesn’t mean I’m paying more taxes on a normalized basis, that’s a one-time thing.
Leon last year said he wants to be a “proficient and influential agent of change.”
Well, there you go, absolutely everything that is wrong with NJ politics, in one picture.
Grim, I prefer your headline to Salant’s. What is wrong with that guy and his editors? Will be fun to see Salant’s TDS shine through as November 2020 approaches. Weird we don’t see comparable reports on NJ state income taxes.
It’s kind of a stretch to call what nj fake news produces journalism or Their employees journalists. They are propagandists and fake news generators. Goebbels would blush at some of their headlines. I pray every day for their collapse.
Salant has severe TDS. Pretty typical for his writings.
The cartoon guy at nj fake news has completely lost his mind. Far beyond slant. His stuff is delusional.
But the faux outrage today shouldn’t surprise anyone. It’s high income blue state progressives who were hit by the tax increase. That’s pretty much the key constituency in the editors room at nj fake news.
Librurd was apparently one of the 400k who were hit yesterday. He was pretty ornery yesterday.
Pretty sure there were plenty of people in places like Montclair, Maplewood, South and West Orange that were hit hard. Middle class, absurd tax bills, etc.
That 50th birthday party is to relieve stress so that he can give his best effort to the children. It’s for the children!
You can thank fox news for turning journalism into click bait. Your gods are responsible for this crap. They are obsessed with money and have taken out honest journalism, which is costly, and replaced it with a cheaper profit-seeking machine that generates headlines on a partisan basis in order to make a quick buck.
You think they pay journalists anymore? And you wonder why journalism has become extinct? We did this with our choices. Want cheap newspapers that we don’t have to pay for….well, you get what you paid for.
Cheap cheap cheap….what a shi!!y obsession. Destroyed our society. Took away our jobs, and filled our society with sh!t.
GdBlsU45 says:
April 16, 2019 at 8:08 am
It’s kind of a stretch to call what nj fake news produces journalism or Their employees journalists. They are propagandists and fake news generators. Goebbels would blush at some of their headlines. I pray every day for their collapse.
It’s easy to tell when it all went to shit.
When journalists became celebrities, it was all over.
Why does nobody realize this is the root of the problem?
These are two entirely incompatible states of being.
Pumps and CNN and the rest are any better?
Bill Weld to challenge Trump for the Republican nomination.
I wonder if Trump will show up for a debate with him. Probably not.
Weld doesn’t have a chance anyway.
It all went to sh*t when networks began to realize news could be a profit center rather than a service.
Do the democrats still have a party?
My taxes were up last year vs 17, above $1m again.
So many moving parts that it’s difficult to tell whether they were higher or lower than they would have been. My accountant said my net effective rate would be higher due to the new tax law, but I didn’t work out a before/after comparison.
I have to do quarterly estimated taxes because of partnership income, another pain, but that’s the same as before, just the checks written are getting bigger. The biggest effect of the new tax law was that I skipped my normal charitable donations – because of the larger standard deduction they have to exceed $20k or more in total to be tax deductible, so from a tax perspective it’s better to do a bunch of big donations in one year than to do smaller annual donations. I wonder if charities are seeing a drop because of this.
Bingo! Profit can lead to destruction. Fox news was the first to the plate with this idea. Throwing out biased headlines was an easy way of making money. Like fishing out of the barrel if you have no morals or ethics. Little did they know that they would destroy the entire industry to the point “fake news” has now become the norm.
Now it’s not going to change, too much money being made. That ship has sailed, just like our election process has been overtaken by “pay to play.” Money is indeed the root of all evil, has a track record of destroying whatever it touches.
30 year realtor says:
April 16, 2019 at 9:23 am
It all went to sh*t when networks began to realize news could be a profit center rather than a service.
It all went to sh*t when networks began to realize news could be a profit center rather than a service.
You are saying the exact same thing.
My kid’s school had the co-author of this piece of crap lecturing the kids on how to be racist while calling it anti-racist. They don’t want a color-blind America focused on the merits of individuals they want perpetual racial awareness and a focus on race-based-collectives, while instilling a system of racial [in] justice in schools.
https://www.nais.org/magazine/independent-school/summer-2014/what-white-children-need-to-know-about-race/
“While white parents’ intention is to convey to their children the belief that race shouldn’t matter, the message their children receive is that race, in fact, doesn’t matter. The intent and aim are noble, but in order for race not to matter in the long run, we have to acknowledge that, currently, it does matter a great deal. If white parents want their children to contribute to what researchers Matthew Desmond and Mustafa Emirbayer describe as a “racially just America”2 in which race does not unjustly influence one’s life opportunities, their children will need to learn awareness and skills that they cannot acquire through silence and omission.”
“The white racial socialization perspectives and skills proposed here will contribute not only to healthier schools and communities, but also to healthier individuals, less susceptible to the acquisition of misinformation and therefore less likely to perpetuate harm toward others. These skills and perspectives create spaces where it is more difficult for racism to thrive because there are more white people resisting it and deconstructing it. This work stands in stark contrast to color-blindness, which provides ample room for the status quo to develop stronger roots. A community in which critical race analysis plays a central role is one in which people truly have a choice about how to be more fully themselves, outside of the preestablished roles assigned by racial constructs. Given the importance of this work, it’s hard to imagine why we wouldn’t embrace it.
If we want a racially just world, we need racially aware schools.”
TV is not journalism. The two could coexist until TVs ended up in our pockets disguised as phones. I pinpoint the complete down fall of journalism when every real journalist starting promoting their Twitter and Facebook pages and when TV news programs started using Twitter, Facebook and YouTube as sources for their information. There is zero source checking or depth so news nkw provides no knowledge value to society’s dumbst who don’t read. People are getting more vain and oblivious.
Benjamin Franklin’s newspaper was printed for profit, not as a service. The problem isn’t the profit motive, it’s that the ideas driving the agendas of news organizations have gone to sh1t. And perhaps so have the intellectual foundations of their customers.
NPR is “a service” and it’s biased as hell.
Early CNN was a for-profit enterprise, as is the current one. But they offer vastly different product and approaches. I long for the old days of CNN’s “Crossfire” with opposing thinkers like Robert Novak and Michael Kinsley debating on even ground, and CNN separating their opinion from their news segments.
Money is indeed the root of all evil, has a track record of destroying whatever it touches.
Money is an exchange mechanism for those who work, for those who produce something that others want and for those who add value.
The problem is that we need to bring back the Fairness Doctrine to journalism.
https://www.armstrongeconomics.com/world-news/press/urgent-advice-to-trump-restore-fcc-fairness-doctrine/
No one, you have to look at the esteemed papers that were cited? “The Paradoxical Nature of Whiteness-at-Work in the Daily Life of Schools and Teacher Communities”.
Real contribution to mankind. I like guys who were publishing the fake papers to these garbage periodicals and getting Them approved. The one about rape culture in dog parks was an award winner.
It would be funny if it weren’t so sad. We’ve let the mentally unwell take control of education.
“Money is an exchange mechanism for those who work, for those who produce something that others want and for those who add value.”
In theory, yes, and for some, yes.
However, there are those that are politically connected, that do not work, that have no show jobs, that are corrupt, that accept bribes-the list goes on and on- that collect money and do none of the above -sometimes in fact, they destroy value or produce something that some want at the expense of others.
I see people every day that work so hard, are extremely educated and talented-and get paid relatively well for what they do-yet fight a system just to get what they deserve- then I watch others, very lazy, dismissive but who have titles- that make even more just by causing a disruption- and this is critical work.
Grim, In order to know if we have the same thing in mind I would have to know when you believe journalists first began to be celebrities. If you believe that started with Watergate we are on a similar track. By the time CNN was founded we were well on the way to where we are today.
“Do the democrats still have a party?”
Does not look like it. Too many Lori Loughlin types that are entrenched in the party, and not enough members that have a pulse of what is going on in the country.
Pelosi’s silicon chip is switched to overload, and contains the same MCAS software as a Boeing Max.
GdBlsU45,
One of my daughter’s friends as a sophomore in a class discussion argued against the premise that the US was systematically racist. Not swearing or anything like that, but arguing that there’s no systematic racial oppression, based on his observation. As a result, a pack of SJWs in his class branded him a racist for his un-PC way of thinking, and he was shunned by a lot of his former friends in school, so he decided to transfer schools. She remained friends with him, but she just holds her tongue in class and avoids signing up for classes where she knows the teacher is a racist (there is at least one teacher who verbally abuses kids for their non-blackness) or the many classes destined for social justice politics (mostly in the English dept with teachers leading classes focused on books on with race/class/gender). She wants to get through school and get into college.
I tell her it’s preparing her for university and for what the world is becoming, though at some universities it will be stronger than others.
On money, here’s my favorite explication:
https://www.capitalismmagazine.com/2002/08/franciscos-money-speech/
“Then you will see the rise of the men of the double standard–the men who live by force, yet count on those who live by trade to create the value of their looted money–the men who are the hitchhikers of virtue. In a moral society, these are the criminals, and the statutes are written to protect you against them. But when a society establishes criminals-by-right and looters-by-law–men who use force to seize the wealth of disarmed victims–then money becomes its creators’ avenger. Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it. Then the race goes, not to the ablest at production, but to those most ruthless at brutality. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter.
“Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed. Money is so noble a medium that is does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.
Hello, I want to work in your company on a voluntary basis, can you offer me anything?
a little about me: https://about.me/katynorberg/
Everything is racialized, it’s corrupted public education in most places. Progressives have argued that fundamental subjects such as math, English and biology are racist.
You are seeing the finished product of a twisted education system when you see AOC speak. Functionally useless except for pouring drinks. Every shortcoming is a result of a repressive system and has nothing to do with ability or ambition. She’s been mentally lobotomized.
It’s inexcusable for that kid to go through that but he’ll be more successful in the long run.
Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them.
The new democrat party… the Bernie Sanders’ and Ocasio-Cortez’ of the world. What happens when the producers can’t produce any longer? What will the left plunder when there’s nothing left to take?
Wow, that’s sad. I really can’t believe how our society became so close-minded. It’s to the point that if you don’t embrace the racism issue and its false claims, you are the problem. Meaning, you are not allowed to hold your own beliefs and objections. If you don’t agree that all white people are racist and that the United States is a racist society, you are the problem…you are the racist. What a mess.
I blame political opportunists using “racism” as an issue for power and votes. Combine that with newspapers trying to sell headlines based on racism. They didn’t need to highlight all these negative cop stories dealing with minorities and try to present this as the “norm.” It’s not normal for anyone to get beat by cops, so why make it seem like it’s happening regularly, and worst, try to portray this as all white cops are racist and acting on it. You are telling me there are no videos or stories of whites getting beat by cops? Somehow, those videos rarely make the news, guess it’s not happening….only African Americans get abused by cops….the news told me so.
No One says:
April 16, 2019 at 10:57 am
Cronkite, so yeah, we’re aligned.
Good read. It’s not that money itself is bad. It’s the combination of money and human nature. Put the two together and the corruption begins almost immediately as the article below explains. Humans just can’t help themselves….
No One says:
April 16, 2019 at 11:01 am
On money, here’s my favorite explication:
https://www.capitalismmagazine.com/2002/08/franciscos-money-speech/
A pity party. It’s been going for over two years now.
Do the democrats still have a party?
I saw Fox news ran a story that Pumps has 3 degrees. Fake news.
There’s nothing new about it… and it’s span of control knows no political bounds.
Fast Eddie says:
April 16, 2019 at 11:19 am
Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them.
The new democrat party… the Bernie Sanders’ and Ocasio-Cortez’ of the world. What happens when the producers can’t produce any longer? What will the left plunder when there’s nothing left to take?
Was going to nominate the first one for quote of the day and then stumbled on the second. Maybe dual honors, nice, lol.
“Every year, 100% of NJ households pay higher state taxes…Just sayin.”
“Pelosi’s silicon chip is switched to overload, and contains the same MCAS software as a Boeing Max.”
Yes. In many instances it is significant. Permanently? Unknown….. they are worried.
No One says:
April 16, 2019 at 9:36 am
The biggest effect of the new tax law was that I skipped my normal charitable donations – because of the larger standard deduction they have to exceed $20k or more in total to be tax deductible, so from a tax perspective it’s better to do a bunch of big donations in one year than to do smaller annual donations. I wonder if charities are seeing a drop because of this.
In a most cynical vein, this information can be described as a business enterprise, with the focus on taking people’s good will, and extracting as much economic value as possible by willing participants who will volunteer. Not unlike Scientology, but less omnipresent in people’s lives. Ultimately, these people want to use their victims, and cast them aside. No assimilation desired.
The end game is influence peddling and self-enrichment……. and pu$$y.
No One says:
April 16, 2019 at 9:45 am
My kid’s school had the co-author of this piece of crap lecturing the kids on how to be racist while calling it anti-racist. They don’t want a color-blind America focused on the merits of individuals they want perpetual racial awareness and a focus on race-based-collectives, while instilling a system of racial [in] justice in schools.
https://www.nais.org/magazine/independent-school/summer-2014/what-white-children-need-to-know-about-race/
“While white parents’ intention is to convey to their children the belief that race shouldn’t matter, the message their children receive is that race, in fact, doesn’t matter. The intent and aim are noble, but in order for race not to matter in the long run, we have to acknowledge that, currently, it does matter a great deal. If white parents want their children to contribute to what researchers Matthew Desmond and Mustafa Emirbayer describe as a “racially just America”2 in which race does not unjustly influence one’s life opportunities, their children will need to learn awareness and skills that they cannot acquire through silence and omission.”
“The white racial socialization perspectives and skills proposed here will contribute not only to healthier schools and communities, but also to healthier individuals, less susceptible to the acquisition of misinformation and therefore less likely to perpetuate harm toward others. These skills and perspectives create spaces where it is more difficult for racism to thrive because there are more white people resisting it and deconstructing it. This work stands in stark contrast to color-blindness, which provides ample room for the status quo to develop stronger roots. A community in which critical race analysis plays a central role is one in which people truly have a choice about how to be more fully themselves, outside of the preestablished roles assigned by racial constructs. Given the importance of this work, it’s hard to imagine why we wouldn’t embrace it.
If we want a racially just world, we need racially aware schools.”
CRAP analysis (credibility, relevance, accuracy, and purpose) needs to be applied to anything you read these days.
I wonder what kind of hell would break loose if someone changed one word in the essay and suggested the following:
“The BLACK racial socialization perspectives and skills proposed here will contribute not only to healthier schools and communities, but also to healthier individuals, less susceptible to the acquisition of misinformation and therefore less likely to perpetuate harm toward others.”
What, someone implying that black people need to be taught not to perpetuate harm to others?!!! Outrageous! Only the white kids need to be taught not the wield their “white privilege” to harm others.
And if you as a parent think your kids should treat everyone as individuals rather than members of racial collectives, and aspire to a colorblind society, then you are supporting the racist status quo rather than racial justice.
No one,
You nailed it in that last post.
More jobs lost….good read on how less workers are needed to make electric cars. If I was presently at a job making cars…I would leave immediately. That industry is dead.
“BMW hasn’t been willing to forecast how many jobs might be lost, but the company’s human resources department acknowledges that making an electric motor takes roughly 30 percent less time than a gasoline-powered engine. “The numbers of hours worked to make an electric motor are smaller than for a combustion engine,” said Carreiro-Andree, the BMW board member. “That’s a fact.” ”
https://apple.news/At_gtumvJR6C8MA-f8pk2Kw
Especially when it comes from Clifton High School dropouts.
Speed reading pro top: if it says Great Pumpkin says:, just skip it. He was born drug addicted to criminal parents…he never had a chance.
CRAP analysis (credibility, relevance, accuracy, and purpose) needs to be applied to anything you read these days.
(finally) JJ sighting:
https://youtu.be/tKwdDbdPego?t=127
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HoHoHo – looks like Christmas came early, another Space X launch pushed at Cape Canaveral to the time I will be in Florida next Friday and I have tickets, night/early morning launch too..
https://www.kennedyspacecenter.com/launches-and-events/events-calendar/see-a-rocket-launch
I’ve been trying to get down with my daughter.
Are you a ‘70’s throwback? Or a pedophile?
Chi, you may be right.
Grim did state that he hates Florida!
Everyone has their fantasies…
The Original NJ ExPat says:
April 16, 2019 at 5:46 pm
Especially when it comes from Clifton High School dropouts.