Friday, September 22, 2017

Tax bill leaves subsidies for oil, gas, agribiz, ethanol, coal, airlines, export bank, but not us

In the upcoming tax bill, which of these tax subsidies will Congress end? http://www.goodjobsfirst.org/sites/default/files/docs/pdf/UncleSamsFavoriteCorporations.pdf.
Here are the largest corporate welfare recipients: https://www.cheatsheet.com/ business/high-on-the-hog-the-top-8-corporate-welfare-recipients.html/?a=viewall. GOP wants to cut taxes for the rich and increase the interest payments on debt to the Chinese! GOP idea that corporations make jobs with tax cuts was proven wrong by KS in 2010, when KS cut taxes and almost went bankrupt. Tax cuts are usually invested overseas where the corporation can make more money from cheap labor. Example: Carrier got tax breaks from IN and still moved to Mexico because wages are ¼ US wages. 
Can our ‘reps’ end corporate loopholes and subsidies? How can Congress do that when our ‘reps’ get their election money from the same companies/lobbyists? They give profitable energy firms like Exxon subsidies they don’t need. GOP’s propaganda of tax reform hides the increases for us. Ask your ‘rep’ to end just one subsidy! While we wait,

Cut taxes? Most large corporations pay no taxes already—No firm pays 35%
Trump and GOP want to cut taxes for corporations but most don’t pay taxes now. Many store their cash overseas so they can’t be taxed. We can’t do that legally! We must pay tax on all worldwide income and most of us don’t have a legal team (deductible) to avoid taxes with legal gimmicks. For instance, some like Google use the Dutch Sandwich to save $3.6 Billion in taxes. Others use the Double Irish to use foreign tax laws we can’t.
Some receive our tax money as subsidies even though they are profitable: Nike, Royal Dutch Shell, Fiat Chrysler, Ford, GM, Intel, Alcoa, Boeing. 75% of disclosed subsidy dollars have gone to 965 big companies. We don’t know the total value of subsidies to all business but it is in the $ billions. GOP targets our deductions: we end up paying more taxes instead of corporations paying their fair share and GOP can say they are NOT increasing our tax rates. But the net effect is we get less. Business keeps its subsidies!

If the average income went up why do I not feel it?
Household incomes have grown in 2 years. More Americans were working, and more had health insurance in 2016 than the year before. In 2016, the median income of men was $51,640 but in 1973, the inflation-adjusted median income of men working full time was $54,030— $2,400 HIGHER. We have less purchasing power but we are paying more for everything: Taxes—federal state income tax, Medicare and Social Security. Some pay union dues and discounted health insurance. If you are lucky you invest for retirement and if really lucky you are buying a home and paying property taxes. Most surveys say that you are paying at least 34% just for taxes. Add union dues of $500, family smart phone plan $2,200, family health insurance $6,471, family leave insurance $26, unemployment insurance $138, and pension $6,000. You also may be paying $7,000 on your home and $2,000 in property tax. Most people live in states with sales tax and pay 5-7% of their disposable income on stuff they need to live. All 97 taxes.
This is why the GOP talks tax cut—BUT FOR WHO? Many rich people pay under 18% total tax while we are paying 34% according to Mr Buffett. Warren Buffett pays 17.7%. The wealthy ALREADY have a flat tax. President Trump claimed he pays as little as possible—1995 return shows he got a REFUND and had charge offs for about 20 years too. Until Congress cuts our TOTAL taxes, we all should …

Warren Buffett can be your investment 'advisor'
He does not charge trading commissions or fees. You can’t pick the wrong stocks. You can earn 11% on your long-term money and end up with HALF a million dollars or more with one phone call. The average advisor-assisted investor earned just 3.79% instead of the market rate of 11%. You use the strategy proven by Warren Buffett, the greatest investor of our time. We beat Wall Street at their own game by using Warren Buffett's strategy: buy and keep buying the largest mutual funds run at cost and owned by us, the investors. Buffett prediction: index beat best hedge fund ‘professionals’ by a mile.
            A plain market index fund beat 92-95% of the returns of "professional" managers, including hedge funds. Stock picking by geniuses works only for a short time. Insiders may have an edge but it is illegal and you could get caught like Martha Stewart. To earn more, we pay as little as we can. We own stocks of companies with certain characteristics. We pay less and get more. We use a special investment account to eliminate all future income and capital gains taxes. It is IRS approved for workers only. No one can time the market successfully over time. We don't pay Wall Street owners the $1.3 Trillion per year revenues they take from their clients. 
You can set up your account in 1 hour FREE: https://www.amazon.com/Your-First-Mutual-Fund-FREE/dp/1976074118.


New TrumpCare ends 10 Obama guarantees for all Americans except Congress
GOP is asking GOP governors to push for Cassidy-Graham passage because their state will reap $ billions to save their state budgets from default. This political settlement provides money to the states (GOP states get double) to subsidize the old, poor and disabled health care needs. Bloc grants let states spend what they want on health or new statues. Your state can decide to let insurers charge more for those with pre-existing conditions or charge an unaffordable premium or charge less for excluded cancers or heart disease. We lose protections on pre-existing, ER, screenings, Medicaid etc. Even Cassidy own state Health Commissioner says it ends care for 433,000 LA citizens. Our ‘reps’ get to keep these protections in their plan so they face no fight for coverage. We taxpayers foot their bills and insurers can jack up the premiums every year. Insurers and lobbyists win and we lose again: the 32 million without any coverage plan!
The Don and Congress get to keep the 10 Obama guarantees; we don’t.


Securities Commission warns investors about bogus designations/titles
Some of the letters after your advisor’s name provide little assurance of competence. Advisors make money from selling so the more gravitas they can impress on you the better. Some letters mean nothing except sales or conference attendance. Determine what the letters mean here along with a check on their complaint file. You are entitled to understand how your advisor and their firm get paid by you so don’t enter a contract without knowing what you get for how much. And consider that most charge fees forever, even when they don’t do well. Advisors become psychotherapists regarding your relationship with money. Financial success beyond the returns of simple market index account is hard to achieve over time. Always ask, “Is this plan really helping me” more than them. One study found that the most successful investors were those that ‘forgot’ their account. Warren Buffett advises us to buy and hold forever too. Buffett has a record of 20% annual returns with 2 down years since 1965. Is your advisor able to beat that record with all the titles etc? Remember, they are salespeople first. If you are paying too much, use Buffett as your ‘advisor’: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963



Which doctor and hospital is best if you need major surgery or treatment?
This is the question every citizen should be able to answer easily. But we can’t. The medical profession has convinced Congress it is not good business to inform us about specific ‘bad’ docs or hospitals. You may be able to obtain the information from the National Practitioner Data Bank through your Congressperson. We have to do our own research and some of the information we need is withheld like ‘malpractice payments.’ When I had colonoscopy, I asked each person involved if they accepted my insurance. I got a bill from an MD never heard of and told him NO PAY. I got help from the nonprofit Patient Advocate Foundation
There are docs I call ‘floaters’ at hospitals who ‘drop by’ even when you are unconscious and then bill you. Other people have been assured the docs are ‘in-network’ and were not. Each of us needs a witness and cell recorder if we go for elective or emergency services. Some docs are on https://www.healthgrades.com/ and https://www.usnews.com/ but this is general. Publica and Consumers’ Checkbook have complication rates based on Medicare data. See https://projects.propublica.org/surgeons/ and
Keep searching state and consumer sites: http://www.castleconnolly.com/ddi/index.cfm
Make sure your insurance covers all those involved—surgeon, hospital, anesthesiologist, specialists, hospital ‘floaters’: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083


How to buy a luxury car at 50-60% off
2015 Benz E 350 for $25,000. Original price $53,225 with lux equip and good MPG. You may find the right ride for HALF the price. Check the JD Power reliability study to see what current owners say about your choice before you research valid sales sites. Check the rating of the dealer too. Some used car salesmen continue to give the industry a bad name. And don’t forget to decline any add ons like insurance, warranties, undercoatings, transportation, clean up and ‘prep’ charges. Hey it is your money. Buy the financing from your bank or credit bureau if you have good credit. Most dealers make their money on the finance money.


Can our ‘reps’ get elected w/o drug money?
Bernie Sanders thinks we can have health care for less cost. The only people who lose are the middlemen and women who get paid to stand between us and health care providers. They employ another group of wealthy people to tell our ‘reps’ what to do on laws. Americans pay about double what other countries pay in total for less care. Many Americans have to sit in hospitals all day to be seen. Millions who work for employers without benefits don’t get care and must get sick to go to the hospital for major problems especially in GOP states. Even if you have a plan, you get manipulated by the system. If the doc or hospital makes a mistake, your family will live through hell or worse.
Imagine paying nothing when you go to the doctor’s office—no copayments, deductibles or portion of your bill. Any prescription drugs would cost you no more than $200 per year. And for all this, you’d pay insurance premiums of just 4% of your income. Since everyone is covered, most doctors and hospitals will have to accept Medicare reimbursement. And there are no tricks from providers who lie about plan coverages.
The insurance company infrastructure would have to find something else to do. That clerk who tells you that you are not covered for the procedure your doctor recommends would need to find work. Also the hundreds at the pharmacy wholesaler who decide EpiPens should cost you $609 not $30. Also hundreds of marketing people who make TV and media adverts to sell drugs to your doctor. Yes, doctors are being told what to push.
SO:
If GOP can vote to end ObamaCare, they could help us and vote FOR Medicare for US

Can anyone think of spending $77,000 on a pickup?
The industry has gone crazy in the truck segment with overpriced extras that keep Detroit rich. When you pay $40,000 for the worst-rated pickup in the reliability department, you’ll struggle to get value in the Sierra 2500 when paying the most for the worst. When Consumer Reports asked its legion of subscribers for the worst-value truck on the market, Ford F-250 was the answer. Putting lipstick on a pig will costs you extra but doesn’t add to the quality. Check JD Power reliability on a 3 year old model for your pick up needs: http://www.jdpower.com/cars/awards/Vehicle-Dependability-Study-%2528VDS%2529-by-Category/1882ENG



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TrumpWorld


Trump is still just a mafia contractor from Queens—Dad taught him to be The Don.



Smoking gun: “Our boy can become president of the USA and we can engineer it,” Sater wrote in an email to lawyer Cohen. “I will get all of Putins team to buy in on this.” Manafort tells Russian mob he will keep them informed about “our boy.”

Trump’s group places mob ties above country; it’s about money POWER not US service.




Russian agent admits to propaganda war on US. We were duped by pro-Trump agents.

Ministry of Truth1984 novel: Government propaganda is ‘truth’
Trump: middle class is the focus of tax plan, taxes on the wealthy need to increase. B.S.
Trump Jr wants more ‘privacy’ so gives up Secret Service watch. Putin can call directly.
The Don apologizes to Turkey for Turkey thugs hitting kicking protestors. Thugs began it

My Theory:
No one expected him to win so no harm getting Putin help. Don owes Vlad’s mob money so they sent mob gofer Manafort to run the campaign. ‘Colluding’ Putin style.


TrumpWorld – using presidency to make money the old fashioned way: theft


Dictator talk time:
“When the president does it, that means it is not illegal,” Richard Nixon

The Don is moving us to a dictatorship where the only people who go to jail are his enemies and non whites he does not like. Racists and nationalists get pardons. If Flynn and Manafort get indicted by Mueller, The Don will just give them a “get out of jail free” card so they don’t rat him out.
Dictators use “back to law and order” to limit rights, fill jails, fund army, follow enemies.
The Don singles out trans group to exclude but McCain joins fight against this discrim.

The president can’t have a conflict of interest.” The Don is above the law?




Quid pro quo: "something for something."
AL Senator plays race card for election win: racism is the foundation of GOP wins





Regulation is necessary: We need protection. Saves $12 billion of our money!

Tye Williams, NEXT Securities, TX barred from selling securities.
Sun Trust caught misleading and selling funds at higher markups: fine no jail time.
Equifax execs cash in on stock before telling world our data is gone: 2 quit with riches.
Top Notch Funding caught lying to NFL, Deepwater, 9/11 victims re: settlements.
Brian Ourand, Live Nation, stole $2 million from celebrities: 33 mo jail time.
Fiat recalls 494,000 Ram trucks for bad water pump fire risk.




How Govt wastes our money:
Cassini spacecraft crashes into Saturn—we could have fixed 1000 bridges with that $3B

SCAMS:
Debit card use gets cash back but you give up all your rights and can drain account quick.
Equifax execs make killing on insider information BEFORE tell us hacking took data.

Jobs:
Trump doubled the apprenticeship program—skip college debt and earn now.
Trump sending more jobs overseas: US firms must expand with foreigners who he bans.
Ford lay off thousands just before holidays to cut stock piles.
WI taxpayers pay $3 Billion for 3,000 Apple jobs:  $1million per job? regret by Brazil
Alaska farming is becoming possible with climate change and technology. 

Who owns your account now?


Miracle:

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts available at http://dankeppel.blogspot.com/



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