Let's reform tax code by cutting corporate subsidies and hiding profits overseas

Better way to ‘reform’ tax code is eliminate corporate subsidies and tax shelters!

Cut the subsidies and tax tricks used by corporations and wealthy to pay less tax. GOP adds $1.5 trillion to the deficit, cuts $4 trillion in spending including nearly $500 billion in cuts to Medicare and $1 trillion to Medicaid. Don’t believe that an explosive economic growth, jobs and high wages will make up for it. KS tried tax cuts and nearly went bankrupt. Quality of life fell. People left towns. Bush tax cuts also made deficit grow. Many large profitable companies pay $0 tax: ATT, WellsFargo, Chase, Verizon, IBM, 258 more. Tax cut means nothing—jobs created overseas where untaxed profits go! Trump mob do NOT have ‘wage’ income so they don’t pay income tax. All their properties are inside tax-advantaged entities and so deduct tax as business expense. Consider Trump lives at Trump Tower, a tax-advantaged entity. All his golf clubs are tax-advantaged firms. So eliminating deductions won’t bother his class. The estate tax does, so it is GONE. He reduced the tax on his class’s entities to 25% not 35%. Foreigners get more. Many middle class homeowners may have a tax increase if they cannot itemize deductions for state/local income tax, property tax and mortgage interest.

Time for YOUR tax shelter: https://www.amazon.com/Tax-Shelter-for-Americans/dp/1500426520

Buffett’s Simple Low-Cost Investing Beats Wall Street, Again

Warren Buffett has proved it, again. You do not need Wall Street 'professionals' to reach your financial goals. In fact, if you use them, you may give up 63% of your potential accumulations because of trading, charges, commissions and fees. Buffett made a bet with a hedge fund manager for $1 million 10 years ago. So far Buffett's strategy has earned over 7% a year versus 2.2% for Wall Street's best and brightest. Buffett has advocated a simple low-cost strategy for decades: Buy the stock market index in a fund like Vanguard's 500 Index. Invest in the market returns consistently and you will do better than everyone you know. Instead of $854,000 at $250 a month you end up with $220,000 because of Wall Street costs. Over the long term, your returns would average over 11% per year. DALBAR keeps track of returns and found that the average managed-account equity investor earned just 3.79% a year over 30 years ended 2014. The benchmark returned 11.06%.

Use the Buffett strategy and KEEP more of your money: https://www.amazon.com/Buffett-Strategy-854-000-not/dp/1978481020

Here is another reason to switch your advisor to Buffett

Advisors and brokers can have complaints about their work “expunged” from their public record so you don’t see them. You are NOT protected by the industry that exists to profit from investors. In fact the industry trade group, FINRA, does not keep a list of the firms that keep employing the brokers with the most complaints. However, SLCG shows you which firms have the highest ratio of brokers with complaints. Some firms keep 25% of their brokers with complaints. Most of us would like to know if our firm keeps employees that seem to have many problems. The industry trade group relies on firms for its fees so the information is here but without some “erased” data. Often those with a ‘rap’ sheet will move on. We do have the big picture. Some well-known firms are at the top of the list: Oppenheimer, Stifel, UBS, WellsFargo. Another measure is the pending complaints: UBS and MorganStanley have higher ratios. The most common complaints are excessive trading and illiquid securities. This study used BrokerCheck but it is not complete.

Let Buffett be your ‘advisor’: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

What is wrong with your advisor’s annuity?

Pitch: guaranteed income for the rest of your life, guaranteed base earning rate, you can participate in the market upside, no market downside, earnings grow without taxation, no annual contribution limits like 401k, tax-deferred savings, could keep paying spouse or heirs, even if your insurer quits you have state guarantee.

Insurers are pooling your money with others and can make big profits: your guaranteed income amount worth ½ after 20 years or stops on death, taxes due on each benefit check, guaranteed base rate is very low, market participation is limited, reduced benefits for multiple beneficiaries, state guarantee is small amount. Advisor’s highest pay sale!

Some types might help you: https://www.amazon.com/Best-Annuity-Strategy-Income-Growth/dp/1497532019

GOP religionists create fear and anger—to power the dictator

Why is an evangelical pastor and Trump supporter saying Catholicism is a “cult-like pagan religion” and the success of the religion is due to “the genius of Satan”? This Southern Baptist pastor says that the Roman Catholic Church is the result of the Babylonian cult system founded by the Book of Revelation in a video. The ‘president of the United States’ is promoting this guy and his poison like the religionists did against John F Kennedy. The president vowed to represent all Americans. Why promote this hate of a religion as a satanic cult? How does that help ‘America Be Great Again’? It does not. It makes us small and weak. We are no longer the America respected in world.
Dictators love to divide society in order to control groups and hide their destructive power. Exclusion ideology of hate is NOT Christianity but idolatry of tribe.

Has TIAA the largest university pension system lost its fiduciary past?
Many university personnel trust this ‘non profit’ to give them unbiased advice. Now former staff members are claiming sales staff is being pushed to steer clients into higher fee products. A training update to wealth management advisers, provided to The Times from a current employee, came as the new fiduciary rule was being finalized. It told advisers “to avoid accidentally implying that you may be acting as a fiduciary,” when having educational conversations with clients. They should avoid “referencing the participant’s best interest” and “discussions regarding TIAA’s not-for-profit heritage.” But that trust is all that TIAA has. It is not the lowest cost and it is not the highest service fund firm. It seems to forget what its mission is: always from the client’s interest.
Along with many on Wall Street, TIAA argued against the fiduciary rule.
https://www.amazon.com/Fiduciary-Rule-BEST-dont-give-fees-anymore/dp/1530980275

Where is your long-term money?
New study claims residential housing is your best friend. Table 6 shows that the main reason risk-adjusted housing returns are higher is the lower volatility of house prices. Both rental yields and dividend income are relatively stable for all years and countries throughout the sample. However, the standard deviation of equity prices is double that of housing prices over the full sample, and around 2.5 times that of housing prices after 1950. Equity prices have experienced large swings and high-amplitude cycles throughout the course of modern history. Moreover, capital gains—the more volatile component—are responsible for a larger share of equity total returns than they are for housing. These two factors have become even more relevant during the post-WW2 decades. In the US, the difference in total return (gains + rent) is hardly noticeable: 11.13% vs 11.08. The big difference is the volatility in capital gains for equities (SD=8 vs 18). Costs matter!
Buy and hold both so you gain 11% in most markets: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Do you need a safe car that is worth what you pay?

Cars should protect you in a crash. If they are made well, they should retain value if you ever need to trade them in. This list of 20 cars may be your starting point. Save 40% with used luxury cars that Consumer Reports tested. Avoid these 10 cars.  According to Consumer Reports, they are the worst—not safe, not fun, not comfy, not easy, not soothing, not quiet, not reliable, not worth price, not anything. Check reliability rating at JD Power: http://www.jdpower.com/cars/awards/Vehicle-Dependability-Study-%28VDS%29-by-Category/1882ENG

And the discounts on insurance: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

****************

TrumpWorld

I could shoot someone on 5^th avenue and not lose voters’

GOP religion whipped up to sell TV show and Trump brand; and get elected

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

Trump cancelled health care policy for brother’s family after they fought dad’s will

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.

Undisclosed $26 million loan from Russian to Trump campaign manager Paul Manafort.

Mob doesn’t call the FBI when Jr doing an illegal deal with fellow mobsters. Receiving stuff from ‘foreign power’ during campaign is illegal—even for idiots and morons.

Trump campaign asked Wiki to get Hillary emails from Putin hackers: smoking gun?

Putin has full access to our 2018 elections since Trump doesn’t help states upgrade now.

Putin using Twitter now with fake followers for Trump mob—how great impact?

Trumpers colluded with Russia by pushing their propaganda as if it was own tweet.

Putin hired activists to stage demonstrations and promote divisive content. 

‘Ministry of Truth’ 1984 novel: Government propaganda is ‘truth’ when they say it!

EPA not protecting environment by silencing scientist—Denial is NOT a policy!

Trump will repeal pollution controls already agreed to by truckers just to spite Obama

Trump’s middle-class tax cut is a tax give-back to the 1%: 67% of total for rich

Trump: “I totally changed our military, I totally changed the attitudes of the military and they have done a fantastic job," I,I,I.

"ISIS is now giving up, they are giving up, there are raising their hands,” Trump claims.

4 Green Berets killed by ISIS Oct 3 in ambush not expected and not supported.

Trump in July: I will give you $25,000. Check arrived 22 October. Deductible?

GOP lawmakers weighing “sharp reduction” to 401k tax-deferral—Trump “No change” ?

My Theory:

Trump got Russian help/funding for business from business/mob ties to Putin. US banks not interested in more bankruptcies. 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. Trump always has a fall guy to blame when caught in lie.

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

Weinstein firm propped up by Trump’s funder, Vulture Capitalist, Barrack

Trump ‘drawing’ sells for $16,000—beat last price of $100

Junior now getting $400,000 for GOP races from wealthy: tax cut pays for GOP.

Dictator talk time:

“When the president does it, that means it is not illegal,” Richard Nixon

Propaganda: 46% registered voters believe news outlets fabricate stories about Trump. 

Repetition of lies works for political propaganda just like selling soap. Most want ruler.

Trump puts atomic bombers on 24 alert—first since WWII for WWIII—end is near?

Trump won the war of minds in Senate: 2 critics quit instead of fighting for America!
 Putin’s Revenge how Putin from a low-ranking KGB agent to the long-serving president

NKorea has more guards on monuments to Kim family bec/ disgruntled/hungry citizenry.

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 Page 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.

NRA: The Don is victim of most "ruthless attack on a president.... in American history".

Gingrich: Trump compared to Andrew Jackson who also hated people of color.

Trump’s TX racists say Americans in Puerto Rico don’t deserve help for worse storm

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

Quid pro quo: "something for something."

Trump says he will pay lawyers for his mob but has failed to pay in the past.

GOP bans our right to sue banks and we must go to bankers’ arbitration: banks win.

Trump calls addiction national emergency but cuts funds to treat additions. Just BS.

GOP voter suppression by threats of jail: AL GOP may jail voters who voted.

2017: Thousands died so a few wealthy rich can kill defenseless animals. Insanity?

           

Lincoln solution to TrumpWorld: http://www.latimes.com/opinion/op-ed/la-oe-blumenthal-lincoln-trump-20170713-story.html

Most Americans want Obama back now.  He did things we needed done.

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

            (No one person can afford to sue a bank: class actions banned by GOP now.)

Bernard Parker, Indiana, PA caught selling fake tax liens repay $1.2 million from prison.

Trump ACA cuts mean don’t retire early: you may have to go ‘cold turkey’ on coverage.

GOP bans our right to sue banks: no more class-actions to catch WellsFargo crime.

Trump cancels reg for local office of TV/radio for community feedback. Centralize GOP propaganda.

OH gun toters not worry about NOT telling police about gun in car. Road Rage Bonus!

Trump has suspended our right to bring class action lawsuits against our advisors.

Tillerson calls Trump a ‘f__king moron” ‘MORONIC’ LIAR:

“One of the great memories of all time” I don't remember saying that.

How Govt wastes our money:

300,000 US troops in 150 countries: Costs $700 Billion to be police the world. More.

CIA covered up any self-indicting JFK documents since 1964. No answers but theirs.

SCAMS:

Tax-free income ideas are NOT great ways to obtain income. Small business is the best.

IRS tips to fight Ransomware that locks your data up—don’t pay since you won’t get it.

Avoid these car sales tricks: you must be aware of these tactics to protect yourself.

Trump cancels ACA health subsidies for opioid treatments AND declares emergency

Trump’s opioid declaration: BS--he canceled his addicted brother’s family insurance too.

Jobs:

Yankees need new manager: Girardi fired

Who owns your account now?

Aetna’s life and disability insurance to Hartford

Medicare or Medicare Advantage?? https://health.usnews.com/health-care/health-insurance/articles/2017-10-23/medicare-vs-medicare-advantage-how-to-choose

Miracle:

new gene-editing technique that allows single letters in DNA coding to be switched.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Who do you think will pay for Trump's tax cuts?

Tax cuts:  Who will pay for all these cuts?

We will, of course. Wealthy people have lawyers/accountants/tax shelters/tax loopholes to make sure they are not going to pay. When the interest on our national debt gets more expensive and the world decides not to buy Trump bonds, what will happen? GOP adds $1.5 trillion to the deficit, cuts $4 trillion in spending including nearly $500 billion in cuts to Medicare and $1 trillion to Medicaid. We will have a tax increase as our SS and Medicare/Medicaid benefits “dry up.” We know the Congress NEVER cuts Pentagon waste and Trump wants 10 times the missiles. Don’t believe that a explosive economic growth, jobs and high wages will make up for it. KS tried tax cuts and nearly went bankrupt. Quality of life fell. Corporations already have the solution—send the profits to other countries so they are not taxed here. Corporations used to pay 33% of Federal revenue. Now it is 9%. Since 1979, the top 1% has grown income by 137% while wages of the bottom 90% have grown just 21%, mostly in the 90s. Bush cuts made deficit grow.

Time for YOUR tax shelter: https://www.amazon.com/Tax-Shelter-for-Americans/dp/1500426520

How much retirement income will you have?

Does your advisor calculate how much retirement income you will have? How do they calculate the amount? Are you comfortable with their assumptions? Your advisor may not be with you when you retire so you need to have them explain it in writing (you can understand). Given where you are in all your accounts and SS, how do they project your totals at age 66, 70, 75? If you do achieve those results, which egg do you crack first? How much inflation-proof income will you receive based on their current projected plan? Are they selling you an annuity? Which type and when purchased and annuitized? Make sure you understand how they achieve their projections. For instance, my projections show I have an 85% chance of receiving 6% for 20 years with 34% stock 66% bond portfolio like Vanguard Wellesley Income. I have a good chance of growing my nest egg depending on what the market does in 10-20 years. It is better that you and your spouse know the situation now so you can do something about it. Check the advisor’s work. Remember, they get paid whether you have enough or not. Costs matter.

Will you have enough? https://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Another corporate loophole for wealthy to avoid taxes

Investors in start up firms like Pandora, the subscription music player, may owe no tax when they sell their shares. For some investors, that means a $ million tax break. Congress gave the lobbyists another present: the PATH Act (the “Protecting Americans from Tax Hikes Act of 2015”) the 100% exclusion is permanent. Even if Pandora had not grown to $6 billion, investors can exchange the losing stock for another promising stock. No tax on the sale. When investors use a pass-through entity from a no income tax state like FL, they avoid state tax too. Of course there are hundreds of other money tricks lobbyists have created for their sponsors which help many firms avoid costs. Our ‘reps’ are participants and enablers of this process. Banks write bank bills, oilers write energy bills, agribusiness writes agriculture bills and so on. The GOP has not cut any subsidies or loopholes for big business in the new tax giveaway to the rich. Just health subsidies!

Pay only your fair share: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO-tax/dp/1539462382

TrumpCare is hated by everyone except Rand Paul—“Free” Market Health

TrumpCare means you can buy whatever coverage you can afford. If junk insurance with no ObamaCare guarantees is what you need then you can save money. Paul says that insurers will compete for your coverage and lower the price, just like they do for 500-member corporate plans. Unfortunately, Paul and Trump are living in the past. They had ‘Free Market’ plans 40 years ago. People went bankrupt. Insurers don’t want the sick. Medicare was started because no insurer wanted sick/old. Every insurer wants the young healthy people so they pay out little and reap huge profits. They call it underwriting. Paul thinks all the poor and sick can form a group and obtain great coverage like Congress people have. Group coverage has limits and insurers are not going to want to accept everyone with “pre-existing conditions” without charging higher premiums. Higher premiums mean higher tax credits—less Federal revenue by $194 Billions. Since TrumpCare has eliminated $7 B subsidies, the groups will need to reduce coverage so the members can afford the plan. Insurers run group plans at an extra cost. Old group plans failed. For family coverage, the average policy totaled $17,545 a year with employers contributing 72% or $12,591. Employees paid the remaining 28 percent or $4,955 a year. The average after-subsidy premium paid by the millions of enrollees who got premium subsidies was $153 per month. Paul and Trump get their ObamaCare at reduced cost so they have not shopped lately. They don’t know a Junk policy since they have ObamaCare

You may still obtain a real policy with subsidies at https://www.healthcare.gov/.

Mortgage interest deduction gone?

In 2015, the federal government spent about $71 billion on this tax credit. It helped higher income households who itemized deductions. Almost 90 percent of the deduction’s benefits went to households earning more than $100,000. Currently, interest rates are low so the credit is not as important as it used to be when mortgages cost 8-18%. 

We refinanced 5 times since 1981. The points are deductible too. Deductible property tax can be $18,000 on an average property in some areas. If you own a multi-family, the mortgage and interest can be a huge deduction on your rental property. House GOP and The Don own real estate so that is not likely to be on their list of cuts. They own other assets that will be taxed at Trump’s lower business rate of 25%. Many wealthy people don’t take “wages” so they don’t pay the average 33% we pay. Like Buffett, Kerry and Romney, they pay 17, 15 and 13%, living on capital gains and tax-sheltered income.

Get yours now: https://www.amazon.com/Your-Tax-FREE-Low-Cost-Mutual-Funds/dp/1484080920

How about the most awarded cars of 2017?

High ratings from new owners for these 10 according to KelleyBB. Why? Design, reliable, features, fads. For instance, Fiat Chrysler TV ad says the Pacifica is “imported from Detroit” when it is actually made in Ontario. Fake news. Honda tops the list. But what will happen after 3 years? Perhaps you can get the 3 year old model for 30-40% off. New car kinks need time to become better: especially Impreza https://www.yahoo.com/ news/car-reliability-u-automakers-vs-world-164336411.html. You still need to consider which cars have the best records not just awards. Jeep is on this list but has disappointed owners in the past. JD Power http://www.jdpower.com/cars/study/2017-Vehicle-Dependability-Study/1882ENG/Compact-SUV/1131. JD Power lists the most problematic car brands with Jeep, Audi, Subaru, Jags and Fiats: https://www.cheatsheet.com/money-career/most-trouble-prone-car-brands-jd-power-associates.html

Consider most awarded insurance too: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

FREE education online

Did you ever want to know more about what the universe is made of, or how to calculate the time value of money, or the history of disease? Whatever your interest, there are courses to help you understand at your own PACE. Some even let you ask questions. Where are the courses? Universities, blogs, sites, tech sites, and others.

https://ocw.mit.edu/courses/physics/, https://www.khanacademy.org/, https://www.class-central.com/report/physics-free-online-courses/, https://www.class-central.com/report/physics-free-online-courses/ http://www.worldscienceu.com/

Actually, you can shop for exactly what you want by just entering “free [subject]” at Google. World Science U has renowned scientists. Probably the most comprehensive site is https://www.coursera.org/ with links to many offerings. Most courses are video presentations by outstanding people in their fields. I liked the one on Einstein’s relativity. Did not understand it all but got the concepts. https://www.coursera.org/learn/einstein-relativity I have taken many math and financial ones at KhanAcademy. I have also done the financial planning one at UC Irvine: https://ce.uci.edu/about/releases/pr.aspx?id=78

I have also learned to fix and make things with YouTube vids. I fixed my window so it moved easily: https://www.youtube.com/watch?v=no7BjntkFsk. I changed the headlight in my Camry: https://www.youtube.com/watch?v=f1JHnW8Ruek. A bookcase is easy even with a portable circular saw: https://www.youtube.com/watch?v=AX_PIkKEjyc.

Save $3,000 a year using my tricks of the trade: https://www.amazon.com/Insiders-Guides-Discount-Financial-Services/dp/143480593X

GOP religionists follow new messiah

Bannon has become the new messiah: Bannon promises that they can be “the folks who saved the Judeo-Christian West.” All that is required is to abandon the best of the Judeo-Christian tradition: a belief in the inherent value and dignity of every life.  The religious right is an interest group seeking preference and advancement from a [white] strongman — and rewarding him with loyal acceptance of his priorities. Idolatry is defined as “extreme admiration, love, or reverence for something or someone.” Christianity used to mean love of thy fellow man—all human beings—no matter what they looked like or believed. God asks us to help fulfill the promise of every person. This is the meaning of humans “created in the image of God.” Jesus: "You are the light of the world. A city set on a hill cannot be hid.

Religionists want America to be the light of the world only for their group.

Is your 401k option stealing your retirement money?

GE employees are suing GE for using their retirement money to make GE profits look better. 56% of all the money invested in 401k pensions was used to pay higher management fees in GE’s own mutual fund firm. For example, employees in the GE Strategic Fund, which invested in a balanced mix of stock, bonds and cash, returned a cumulative 36.29% gain from 2011 through mid-2016, while Vanguard’s Wellington Fund returned 57.71%. Despite that, the GE fund’s fees were twice those of the Wellington Fund. “A prudent fiduciary … would not have offered the plan’s participants the GE Strategic Fund,” the lawsuits says. “But GE did just that.” Fees and charges can rob employees of up to 63% of their overall potential earnings. Employees are often offered the company’s own stock which can bring disaster for retirees also.

Earn more without the middleman: https://www.amazon.com/Tune-your-401k-EARN-Tax-FREE/dp/1490591028

****************

TrumpWorld

I could shoot someone on 5^th avenue and not lose voters’

GOP religion whipped up to sell TV show and Trump brand; and get elected

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

Trump cancelled health care policy for brother’s family after they fought dad’s will

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.

Undisclosed $26 million loan from Russian to Trump campaign manager Paul Manafort.

Mob doesn’t call the FBI when Jr doing an illegal deal with fellow mobsters. Receiving stuff from ‘foreign power’ during campaign is illegal—even for idiots and morons.

Putin has full access to our 2018 elections since Trump doesn’t help states upgrade now.

Putin using Twitter now with fake followers for Trump mob—how great impact?

Trumpers colluded with Russia by pushing their propaganda as if it was own tweet.

Putin hired activists to stage demonstrations and promote divisive content. 

‘Ministry of Truth’ 1984 novel: Government propaganda is ‘truth’ when they say it!

Fake news=Trump brand Trump calls lies truth and truth fake. Why hate Obama?

My Theory:

Trump got Russian help/funding for business from business/mob ties to Putin.

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 Page 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.

Gingrich: Trump compared to Andrew Jackson who also hated people of color.

Trump never mentions 4 killed for 12 days then blames Obama for not calling too.

“We cannot keep FEMA, the Military & the First Responders . . . in P.R. forever!” 

Ending ObamaCare subsidies for the poor and Medicaid hits people of color.

Trump learned to hate people of color from his dad Fred in 1973 and later his own. 

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

Quid pro quo: "something for something."

Trump quit clean air to help coal owners but they have quit coal mining—no profits.

2017: Thousands died so a few wealthy rich can kill defenseless animals. Insanity?

           

Lincoln solution to TrumpWorld: http://www.latimes.com/opinion/op-ed/la-oe-blumenthal-lincoln-trump-20170713-story.html

Most Americans want Obama back now.  He did things we needed done.

Trump’s executive orders are all he has to show at the adult day care center!

Before we have an ‘accidental’ nuclear war, Congress could use impeachment.

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

Trump gives OK to predatory for-profit colleges to gouge veterans.

GOP House committee passes law to OK broker predatory sales: best for broker rule

WellsFargo caught selling ETF with misleading promises: not a hedge for investments

Trump has suspended our right to bring class action lawsuits against our advisors.

Tillerson calls Trump a ‘f__king moron” ‘MORONIC’ LIAR:

If payment to health insurers is unconstitutional, so are those to oil, agribiz, coal, 965

Claims Obama and other presidents never called killed in action families—Trump didn’t.

Trump’s ‘research’ finds factory decline causes  “higher abortion rate,” “lower fertility rate,” “increased spousal abuse,” “lower marriage rate,” “higher divorce rate,” “higher crime,” “rising mortality rate” and “increased drug/opioid use.” End NAFTA.

How Govt wastes our money:

Trump ended insurer payments to cover the poor will cost us $194 billion lost revenue.

SCAMS:

‘Commission-free’ ETF offered by ‘discount’ brokers have high (1%) annual charges.

28% of 2017 vehicles don't have spares; 36% in 2015—Detroit helps local garage.

Jobs:

$1 billion to nonprofits aimed at training American workers from Google.

Jobs we have don’t pay: 90% wages have not kept pace with inflation

Who owns your account now?

T-moble and Sprint together? Better service?

Miracle:

Pence told Bachmann: Trump is now a “committed believer” of Jesus Christ and a “man of faith” who has “asked God for help and wisdom.” Really! “you shall know by deeds.”

“it is easier for a camel to go through the eye of a needle than for a rich person to enter the kingdom of God.”

New immunotherapy treatment which genetically alters patients’ cells to attack cancer

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

30% of us will see a tax INCREASE

30% of middle class households could see tax increase 

Hey, someone has to pay for corp tax rate drop. 30% of households with income between $150,000 and $300,000 would see a tax increase. That’s the analysis by the nonpartisan Urban-Brookings Tax Policy Center last week. Making some assumptions about the effect of the child tax credit and where the income brackets will fall under the new plan, one tax expert expects his family could experience up to a $6,600 increase in taxes. More of us will end up in the next higher tax bracket because the bill shifts the income range of each rate. Old rate made taxes for incomes $$9,326 to $37,950 at 15% but new rate 12%, 25%, 35% makes income $9,326 to $37,950 pay 25%. If your income is over $418,000, you will pay less than 20%. We will pay more because many companies have sent their profits overseas to avoid tax. In 2004, Congress gave them a tax break to bring profits home. Jobs were actually lost.

Avoid the new tax: https://www.amazon.com/Tax-Shelter-Americans/dp/1500426520

Did you get your reward?

I signed up for a credit card but thought I did not receive my reward of $200. Turned out it is bunched together with my purchase rewards cash back. Now I don’t know if I can use the $200 to pay my bill because the redemption threshold is $250. I will have to charge more to earn enough to use the rewards. Other cards have their ‘mouse type’ too so read carefully.

They got me card charging:  https://www.nerdwallet.com/blog/credit-cards/cant-find-credit-card-rewards/

Lower your income tax using Trump’s “pass-through” rate

GOP and Trump are creating a new tax rate category to reduce the taxes the very wealthy pay. Instead of the 39% or 35% individual rate, smart business people are taking their income through a “pass-through” company with a 25% rate. “Most hedge funds, private equity funds, law, consulting, and accounting firms are partnerships,” they note; “these businesses can be large, global enterprises.” About one-fourth of all pass-through (LLC) partnership income is earned by finance, real estate and holding companies, and another 13% by law firms. For instance, Chrysler is now Chrysler, LLC. KS tried this trick in 2011 and then revenues plummeted, creating a budget crisis. The state repealed the pass-through carve-out in June. Gov Brownback left town. If you have a business, you may be able to deduct many of the expenses that you currently have and reduce your total tax liability just like Trump does. The GOP plan would cut Medicare by $470 billion and Medicaid for the poor by $1 Trillion. People will literally “die in the street” and all so the

GOP gives the rich more: https://www.amazon.com/Most-U-S-Corporations-Pay-No-Taxes/dp/1514274116

10 most disappointing cars

Fiat Chrysler and Nissan brands accounted for eight of the 10 most disappointing cars. Most of us are looking for a specific benefit—reliable, eye-popping, cheap, quick, space, luxury, convenience, long-lasting. Check if other owners have been pleased with their purchase to get some idea how a model gives us what we are looking for. Sometimes we don’t care about benefits car marketers think is important. For instance, Jeep has poor reliability but who cares if we impress our friends on a camping trip off road. For others, they don’t mind overpaying for the name plate; hey, it’s just money. Marketing pros know that we get tired of our rides pretty quickly and so it does not have to be reliable for long—3 years is tops. If our payment plan is for 5 or 7 years, so what we will trade it in for whatever we get on the next model. On the other hand, a reliable cheap mode will save us money over 5-7 years and we can use the money for other things.

Ask for all your discounts: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

GOP religionists now control child and women’s health decisions

Trump is allowing more employers to opt out of providing no-cost birth control to women by claiming religious or moral objections. The new policy is part of religionists wish to end Obama's Affordable Care Act provision. The vast majority of companies have no qualms about offering birth control benefits through their health plans. Human resource managers recognize that employers get an economic benefit from helping workers space out their pregnancies, since female workers are central to most enterprises. Religionists wish to control behavior they don’t like. They think preventing pregnancy with contraception is NOT a way to curtail abortion and unwanted children. Religionists feel under attack but they are in control. Congress just cut CHIP—health care for poor kids—and perhaps this too helps GOP religion control poor kids so they cannot survive.

Funny, they want to control women but not guns!  

Use Fact-based Investing not fantasy investing

You now have a choice: buy profitable company stocks at cost using the largest fund firm with licensed reps and FREE planning tools OR trust your salesman to give you hot tips.

Fact-based investing not fake facts from Wall Street marketing!

You pay no commissions or fees so you keep more of your money. If you are a long-term investor, you avoid giving up 63% of your potential accumulations because of charges. 

       First fact: John Bogle, founder of Vanguard Group, the largest mutual fund firm, found that over 50 years of the normal 2% fees on your portfolio, you can actually end up with 63% less than you could have earned. It is simple math: your money earns 7% but the advisor, firm and trading/timing take 2%. Instead of $1.4 million at $250 a month you end up with only $670,000. The average managed-account equity investor earned just 3.79% a year over 30 years ended 2014. Inflation was 2.7%. The market benchmark returned 11.06%. We can invest in a fund that tracks the benchmark at the low cost of 0.04% and so earn 11% over time. We can eliminate any current or future taxes on the growth of our money as it compounds in a tax-advantaged retirement account. No advisor or computer system has proven to beat the market returns over time. Use facts to grow your account: https://www.amazon.com/Fact-based-Investing-first-million-hardest/dp/1977574270

How much retirement income will you have?

Does your advisor calculate how much retirement income you will have? How do they calculate the amount? Are you comfortable with their assumptions? Your advisor may not be with you when you retire so you need to have them explain it in writing (you can understand). Given where you are in all your accounts and SS, how do they project your totals at age 66, 70, 75? If you do achieve those results, which egg do you crack first? How much inflation-proof income will you receive based on their current projected plan? Are they selling you an annuity? Which type and when purchased and annuitized? Make sure you understand how they achieve their projections. For instance, my projections show I have an 85% chance of receiving 6% for 20 years with 34% stock 66% bond portfolio like Vanguard Wellesley Income. I have a good chance of growing my nest egg depending on what the market does in 10-20 years. It is better that you and your spouse know the situation now so you can do something about it. Check the advisor’s work.

Will you have enough? https://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Doctor ratings don’t match skill/competence levels

Using the five most popular online platforms - Healthgrades, Vitals, Yelp, RateMDs and UCompareHealth – researchers looked at consumer ratings for 78 medical and surgical specialists. Next, they compared the consumer ratings to the doctors’ specialty-specific performance scores, which were based on how closely the doctors adhered to medical guidelines, certain outcomes of their patients’ hospital stays, and the cost of the care they provided. Patients’ ratings of individual doctors tended to be consistent across all five platforms - but there was no significant association between consumer ratings and objective measures of the quality and value of care doctors provided. The study head, Daskivich writing in the JAMIA showed that “Those ratings don’t tell the entire story of how good a doctor is.” “We are working on an automatic classification tool that extracts the factors rated by each text-based patient review.” ObamaCare opens Nov 1. Someday, we might be able to make rational decisions based on patient and peer ratings. Someday we might be able to buy coverage that is complete and understandable. Trump has changed the regs so insurers can offer insurance that fails on guarantee 10 essential benefits. Making good decisions on health care is difficult as The Don found out.

Do your research: https://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Medicare premiums—up and down

The Medicare enrollment period begins on Oct. 15 and continues through Dec. 7. Drugs of Part D may cost more or less depending on your plan and needs as every year. Look at the Advantage plans again. There's a lot to like about MA plans, including a maximum annual out-of-pocket expense for traditional Part A (hospital insurance) and Part B (outpatient services) coverage, along with the ability to roll dental, hearing, and vision coverage into your plan. Traditional Medicare doesn't offer these coverage options, and there is no maximum annual out-of-pocket expense. Part B surcharge: the change happens once an individual hits $133,500 in income, or a couple hits $267,000. If you find yourself eligible for Medicare and earning more than these amounts, prepare to pay a potentially higher Part B surcharge in 2018. Part B for most has no increase: $134/month for earners with less than $85,001 (single)/less than $170,001 (married).

Shop wisely.

How are you going to spend your Trump $4,000 tax break?

Trump promises each family $4,000 “pay raise” and roads without potholes. He did not say that that is the total over 8-10 years. He assumes our family and our descendants will pay the $1/2 Trillion deficit this creates! If every family receives $4,000 (125820000x$4000) that costs $503,280,000,000. He wants to increase missiles by 10 times, cut corporate taxes by 2/3rds and build The Wall. Conservative estimates put that extra $10 Trillion on our kids and grandkids. If China continues to buy our bonds, we will pay an extra $500 million on top of the $474.5 billion in interest in each fiscal year. The current debt of $18 Trillion means each of us already owes over $150,000 per person. GOP used to stand for conservative spending but not lately. Both parties have raised the debt to WWII levels relative to our GDP output.

Perhaps we should be raising taxes now for our kid’s sake.

We can save $3,000 a year: https://www.amazon.com/101-Financial-Plan-Save-3000/dp/1469990563

****************

TrumpWorld

I could shoot someone on 5^th avenue and not lose voters’

GOP religion whipped up to sell TV show and Trump brand; and get elected

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

Trump cancelled health care policy for brother’s family after they fought dad’s will

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.

Mob doesn’t call the FBI when Jr doing an illegal deal with fellow mobsters. Receiving stuff from ‘foreign power’ during campaign is illegal—even for idiots and morons.

Putin has full access to our 2018 elections since Trump doesn’t help states upgrade now.

‘Ministry of Truth’ 1984 novel: Government propaganda is ‘truth’ when they say it!

“Only one thing will work” “quiet before storm” “you’ll find out” Firing Tillerson?

Pence plays the offended patriot and tells the press to meet him in parking lot before.

Trump claims his harassment of women is different than Weinstein’s. Don’s Groping OK 

Trump promises each family $4,000 “pay raise” and roads without potholes. 10T deficit!

My Theory:

Trump got Russian help/funding for business from business/mob ties to Putin.

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

Trump mob spending our money like there is no tomorrow.

Dictator talk time:

“When the president does it, that means it is not illegal,” Richard Nixon

“Only one thing will work” “quiet before storm” “you’ll find out” Thermonuclear war?

Lock N. Korea Kim and Trump in a room and settle with fists—heavy weight TV fight!

46% GOP want preemptive strike on North Korea today: 1 million S. Koreans dead!

Trump says he will take away NBC broadcast license if they report the news he hates.

Rush: I am uncomfortable with president dictating the behavior and power of anybody.

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 Page 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.

Gingrich: Trump compared to Andrew Jackson who also hated people of color.

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

Quid pro quo: "something for something."

Obama clean air initiative dead; long live the coal mine owners—miners dying from dirt.

Trump rewrites list of criminal fugitives who can’t have gun so ½ MILLION more can!

2017: Thousands died so a few wealthy rich can kill defenseless animals. Insanity?

           

Lincoln solution to TrumpWorld: http://www.latimes.com/opinion/op-ed/la-oe-blumenthal-lincoln-trump-20170713-story.html

Most Americans want Obama back now.  He did things we needed done.

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

EPA ends Obama clean air—polluters open stacks, methane holes, nuke radiation

Trump to allow us to buy insurance in next state but who wants to fly to doctors?

FDAA “debt validation” caught promising to eliminate consumers’ debts for fees.

Trump has suspended our right to bring class action lawsuits against our advisors.

Tillerson calls Trump a ‘f___ing moron”

‘MORONIC’ LIAR:

Trump says ObamaCare bad because premiums increase for Kissinger:

"Henry Kissinger does not want to pay a 116 percent increase in his premiums," Trump said. "But that's what's happening, and it actually getting worse. It's getting worse by the minute," Trump said, after tapping a grinning Kissinger on the arm. But Kissinger is 94 and has been on the single-payer system Medicare for three decade. He doesn’t use Obamacare or have a 116 percent price hike. Trump is a moron. We checked.

Trump says US has highest tax rate in the world but he knows it is less than HALF

He himself paid $0 for many years after deducting $916 MILLION from his failed businesses. He was allowed to take that loss forward for 18 years to wipe out taxes from his TV and other deals. Many corporations pay NOTHING because the subsidies and loopholes we pay tax to offset. The effective tax rate for many is 12.6% not 39%. Moron.

How Govt wastes our money:

Pence wants to go to the moon—let’s send him there.

Treasury Sec taking military jets costs us over $800,000 so FAR! $ million by Dec?

$584 million for 1 combat ship which is easily sunk, radar fails to detect, stability issues.

SCAMS:

LV shooter killed 59 in 15 sec—do ‘sportsmen’ really need 90 bullets to kill 1 poor doe?

Even scammers must pay tax on the scam unless they have smart lawyers/accountants.

Credit bureaus profit from our data but not interested in protecting it or us. We pay both.

Jobs:

Jobs that Americans just don’t want at $14 an hour.

Mrs Trump: “Who’s going to vacuum and clean up after us? Americans don’t like that.”

Who owns your account now?

Miracle:

Joe Biden for prez? It would take a miracle. Dems would lose to Roy Moore if Biden ran.

Ever hidden “dark matter” comprising 80% of universe we can’t see is fine gas filaments.

IAN

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Montclair, NJ 07042

973.746.2014

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