Showing posts with label 1%. Show all posts
Showing posts with label 1%. Show all posts

Friday, September 15, 2017

Which of these tax subsidies do you want to stop paying for?

Which of these tax subsidies do you want to stop paying for?
Tell your Congress person you aren’t going to pay for it anymore. In the upcoming tax bill, which of these tax subsidies would you 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 2010, when they 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 sill moved to Mexico because wages are ¼ US wages.  
REAL reform means an end to the corporate loopholes and subsidies. But how can Congress do that when our ‘reps’ get their money from same companies? They give profitable energy firms like Exxon subsidies they don’t need. GOP propaganda of tax reform hides the increases for us. Ask your ‘rep’ to end just one subsidy!

Many corporations pay no taxes already
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. The total known value of subsidies across the country came out at an estimated $110 billion, although it’s likely more.

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.

Who will be against ‘Medicare for All’ law?
99% of all Americans would benefit with FREEDOM from rising prices, co pays and deductibles, paperwork, anxiety of paying for illness if they could find an affordable plan, finding a medical team to treat their family from birth to death. Most people over 65 love having care with Medicare and Medicare Advantage, a system that was created because NO ONE wants to be searching for care after age 65 when NO insurer wants to pay the bills. So who is trying to kill Bernie Sanders’ bill? All insurers, drug firms, pharmacy benefit management firms and their hundreds of lobbyists and lawyers. These are the people who decide whether and how long each of us will live and die. Our doctors don’t make the decisions in consult with our families. Consider how many TV and magazine ads we pay for to boost a drug use despite side effects that make an erection last for 4 hours or kill you after promising “longer life.” Lobbyists are paid to tell our ‘reps’ what to do about health care. They have created this system. They were against Medicare when it started and they are against ‘Medicare for All’ too. Put the lobbyists out of business.
Tell your ‘rep’ you want to take back your health care management. We will save big!
You favor ‘Medicare for All.’ It’s not socialism but social security for our families just like all the Congress people and staffs have in Washington and the state houses! Equality.  

GOP religionists blame gays for god’s floods and get rich too
Religionists say “this flood is from God,” punishment for the former mayor of Houston attempting to subpoena ministers’ sermons. Some attribute the storm to a wrathful God’s vengeance on liberals. Pastor Rick says storms don’t “happen by accident.” Pastor Kevin Irma would be altered by God if the Supreme Court quickly made abortion and gay marriage illegal. ‘Pastor’ Rush says Irma is way to advance liberal agenda on climate change. ‘Pastor’ Alex asks the govt to fix Irma before it floods FL. Most GOP believe Darwin’s evolution theory is wrong and the world was created recently. Today, 16  SIXTEEN million Americans think chocolate milk comes from brown cows. Trump wants TX churches to receive federal funds for flood damage even though they have insurance. GOP budget spending bill allows churches to influence elections for ideologues. GOP is twisting Christ teachings to favor the ‘Pharisees.’

Buy American Mr Trump!
Save America--buy cars and trucks by buying Toyota, Honda, Hyundai, BMW and Mercedes-Benz. Yes, most models sold in America are made in America, while several Ford, GM and Dodge models are made in Mexico and Canada. Check where your vehicle is made: https://www.kbb.com/car-reviews-and-news/top-10/my-car-is-made-where/2100000943-20/

Save up to 50% on the price of slightly used luxury car
If you do not wish to pay to rent a car forever (leasing), your best deal could be buying a 3 year old luxury model like a BMW 3 or 5 or E class. For instance, after a 36-month lease, you could nab an E350 for $33,727 or less (48.4%) off the original price. For one of the safest and most recognizable luxury cars on the market, you could do much worse for a $65,000 car. In Consumer Reports rankings of the 2014 luxury models, E-Class scored best in reliability among German models.

Do you pay taxes at a higher rate than the idle rich?
You probably pay federal and state income tax, payroll tax, Medicare and Social Security and maybe union dues and hopefully discounted health insurance. If you are lucky you have enough left over to invest for retirement. If you are really lucky you are buying your home and paying property taxes. Most surveys say that you are paying at least 34% just for taxes. Add union dues of $500, 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.
Warren Buffett pays 17.7%, Mitt Romney pays 15%, John Kerry pays 13% and Apple pays 9.8%. Buffett says he does nothing special to avoid taxes. Looks like the wealthy ALREADY have a flat tax Mr Cruz. Congress is NOT talking about cutting our TOTAL taxes. We could if we ended all the subsidies and loopholes. 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 …

So you want a safe high return on your money?
God has not created that investment yet. To receive a high return with little chance of loss you must give your money to a bank as the owner. To receive a return of 10-12% per year with little chance of loss, you must leave your money in profitable companies for a period over 20 years. In a business, there are many factors that determine if the owners make money in any given year. However, most of the largest firms will make money or the owners would hire a new manager or sell their shares.
There are no safe and sure businesses like salesmen describe in a get-rich-quick scheme. Just ask Warren Buffett, the guy who consistently makes over 20% a year for his company owners. Buffett recommends you buy low-cost index funds that own many companies and pass the returns on to you. Simple. But it’s hard to wait.

Your KEY decisions on Social Security start before Congress cuts back on benefits
GOP Ryan has vowed to cut benefits because we are getting older. Reagan fixed SS in the 1980s so you must wait for your full benefits. Ryan wants to cut benefits instead of increasing the salary cap beyond $127,200. If you are wealthy, you don’t pay ANYTHING into the system because you have dividends not wages: you get the benefits. Why not tax ALL income?
Your decision is Option 1: keep working and collect more. Benefits are 76 percent higher than it would be if you started taking benefits at 62, and 32 percent higher than it would be if you claimed at age 66, your normal start age. Option 2: Start at 62 because you could die. Option 3: Claim your spouse benefit if married 10 years. Option 4: Even if they die, you can claim theirs. Option 5: Ask SS about the difference between widow/widower and spousal benefits. Option 6: Ask for help to apply for disability benefits. Option 7: Know your benefits now: http://www.myretirementpaycheck.org/. Option 8: We almost lost $1,485 a month in benefits because we failed to visit the local SS office. If you fail to find your correct option early, you can’t go back.

Medicare for ALL
Bernie Sanders thinks we can have health care for less cost. 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.
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.
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. 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. Can our ‘reps’ get elected w/o drug money?
If GOP can vote to end ObamaCare, they could vote for Medicare for US.  



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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.” 

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

Mobsters don’t call the FBI when Jr doing an illegal deal with fellow mobsters.


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

Ministry of Truth1984 novel:
There is deal on DACA, The Wall, storm funds, debt, taxes. The dealmaker always wins.
Trump: middle class is the focus of tax plan, taxes on the wealthy need to increase.

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.
Trump associates fear his revenge more than the special prosecutor and jail for lying. 


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

Quid pro quo: "something for something."
Govt voter integrity witch hunt commission for suppressing DEM votes in 2018.
DACA deal to let immigrants work and pay tax but not vote DEM in 2020.
Wall funds in form of ‘border security’ bill.
Trump rescinded Obama flood reg so Houston builders could build/flood anywhere.


How many Americans would vote to bring back Obama? He did things we need done.


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




Trumper misunderstands NH voter rules and claims voter fraud gave Hill election there.
            Trump staff has 2 state voter registrations too: it’s legal: NO FRAUD study shows

SCAMS:
Flooded cars make excellent used car scams: note the signs before you buy.
DEMs fooled again. “He likes us. He likes me, anyway,” Schumer. Trump likes only one.

Jobs:
Trump doubled the apprenticeship program—skip college debt and earn now.

Who owns your account now?


Miracle:
Can anyone shut Hillary up about all the people who lost her election for her?

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts

Friday, August 4, 2017

Tax reform means more for rich and we pay

What does ‘tax reform’ really mean for us?
Tax ‘reform’ by GOP means only one thing: Rich get richer from our pockets. KS almost went bankrupt by cutting taxes for businesses and increasing consumption sales taxes on working people. Schools were so underfunded that the KS Supremes had to order KS assembly to raise money. Trump invited gov Brownback to share his ‘secret’ to cutting services to workers and he got an ambassadorship: International Religious Freedom or head proselytizer to the world. The new voter suppression czar, KS executive Kobash, is trying to replace Brownback.
KS GOP was forced by real facts to raise taxes. Congressional GOP will cut taxes for the wealthy and business even though KS proved that philosophy only raises debt. Reports say the GOP will “reduce tax rates for all American businesses, encourage companies to bring back cash parked abroad (failed in 2004) and allow “unprecedented” capital expensing, or write-offs (Trump wrote off $916 million) of big investments.” Treasury Mnuchin wants a “national online sales tax that could help states fund infrastructure projects.” Trump’s budget guy has a trick to hide cuts in our Social Security benefits. Medicaid/ObamaCare support for the health of the poor, disabled, and sick will be cut and converted to state block grants which states will use to shore up their budgets.
KS businesses and rich did NOT invest their tax refunds in more jobs. They invested where they could make money—hedge funds and offshore tax havens. The wealth and income gap has widened. Working people in KS had to pay with consumption taxes.
Lobbyists in Congress are already working to maintain their own subsidies/loopholes. Are you?  Like KS we end up with less revenue and more national debt. Just math. State taxes will also be increased to pay for Trump’s job promises. See WI below.  
Avoid future taxes by using your tax-FREE account: https://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236

What Trump’s ‘bring back jobs to America’ costs?
It will cost WI taxpayers $230,700 per worker to fulfill Trump’s promise of more factory jobs in US. Carrier left for Mexico despite Trump talk. That cost IN tax payers $7 million just for the sound bite. Gov Walker promised Apple and others that Wisconsin would cut the company $200 million to $250 million a year for up to 15 years. That works out to $230,700 per worker, assuming the factory goes on to generate 13,000 jobs. Sometimes companies change their mind like Carrier did. So far, only 3,000 jobs by 2020, with an average yearly wage of $53,000, have been promised. Walker gave the tax incentives to beat six other states in the quest for the factory. Walker lets Apple pollute the region too. IN, NC, OH, TX, PA and NY were in the running but tax payers can keep money now.
Trump’s great business deal: From now on, every company is going to want more tax subsidies from our state taxes than jobs can offset. It’ll take 150 years to recoup subsidy.

Will any Republican have the courage to lead the battle for a democratic America?
The President wrote on Twitter that in order to pass “great future legislation” the Senate “must immediately go to a 51 vote majority, not senseless 60”. We have all seen the tendency to dictatorship. Chaos in Washington and Trump’s ignorance of his role as president in a checks and balances democratic society. His voters wanted a shake up and his advisor Bannon called for the “destruction of the administrative state.” We withdrew from world leadership in energy, refugees, shared defense, holding back Russian aggression. We do nothing to stop Russian meddling in our elections—no one has checked the voting computers for malware. Edict by tweet to expel WH staff and service members without regard to rules of human decency. Jolting remarks that stand in for policy statements. Pink slip tweets are a coward’s way to run America.
Now he calls for the elimination of the legislative rules that we made to govern. History has a lesson here. Others have joined Trump in rule changes favoring GOP. Many states have been taken over by Koch’s extremists. We were lucky that 3 GOP ‘profiles in courage’ stopped the cancellation of health care for 22 million Americans. Think about that—22 million with one thumb.
We are at a turning point. Who will rule here in America? We need another Senator from AZ to tell the president it is time to go.

Can Medicare for All actually get passed?
Can America provide affordable health care to all its citizens? Bernie Sanders wants to find out. He is putting a bill in the Senate in August. Over 50% of Americans want to fix ObamaCare and keep the provisions that help people stay healthy. Republicans seem to understand NOW that Americans want health care. Duh. When it comes to taxes, GOP seems to understand the formula very well: NO ONE likes taxes. The tax code Congress has written over the years (they act like it came out of the sky), is there because rich people decided to have those they paid to elect put it there. 1% get all the subsidies.
Why is it so hard to believe that we want a good deal too? Is “socialized medicine” so terrible that Americans can never receive a decent plan at an affordable price? Medicare pays my doctor not some government doctor! Since the wealthy have kept the average wage at the same level since the 1980s, is it so hard to understand that most of us can’t afford to buy quality health care ($18,142)? All the gains in productivity by American labor has gone to the very wealthy. Why is it that most retirees like their Medicare but the rich ones don’t want it for all the other people without a job? Drs & hospitals like ACA.
Why is ObamaCare OK for Cruz, McConnell and Ryan, but not OK for us?

How can you turn every $100 invested into $10,000?
Ever wonder how the rich get richer? Not all are great stock pickers or founders of Amazon or Google. Warren Buffett explained how it is done in his annual reports to stockholders. “My wealth has come from a combination of living in America, some lucky genes, and compound interest.” Unfortunately, most Americans do not benefit from compounding since they don’t have the money to invest. Buffett has been patient for over 60 years: his $6,000 from paper routes has grown to $72 billions. He made mistakes along the way. He shows us how to grow $100 a month into $1,000,000 over TIME. $250 a month gets you there in about 33 years; $500 a month, in about 27 years. Investing in a bunch of companies and time is all it takes. He confesses that if we aren’t patient, we won’t be rich. Even retirees use Buffett’s advice. He tells exactly where to invest too.

MONEY BALL for Investing: Winning in an unfair market
Your family can beat Wall Street in the series because you use Billy Beane’s lessons.
In 2002, Billy Beane did the impossible. He knew he could not afford to buy replacements for Damon, Giambi and Isringhousen, so he hired an unknown economist wonk who had a system. Brad Pitt (Moneyball) explains his take on the system to his scouts. To win we need runs, so on-base percentage is critical. Does not matter how they get there—walks are good. He hires cheap players who have high on-base ratios. Scouts complain the new are not “baseball material” or too old or can't play positions or girl friend is ugly.
            The “professionals” think he is nuts. One is fired. Since the manager, Art Howe, doesn't buy it, he does not use the new players. Billy trades Art's players away so the manager is forced to use Billy's. Billy actually explains to the team how they can win by using their strengths—just get on base. Belichick's “Do your job.”          In his book, Michael Lewis tells us how the economics of baseball work and how Billy Beane, as a failed player, made history by NOT following the professionals' 'expert' knowledge.
            How can your family beat Wall Street 'professionals' over time? We take the Billy Beane approach.
            First, we acknowledge that we have a small budget for investing. We can't afford the hedge funds, offshore tax shelters, and expensive Wall Street money managers taking 2-3% a year. We use our economic ‘wonk,’ Warren Buffett.

Ten steps to lower car insurance
Consumer Reports how to cut premiums. Insurers change their marketing strategy to pick up new customers so you must shop to save. I have shopped every two years for full coverage on 2 Toyotas and have gotten discounts each time. I have used bank debits for a further discount. I claim lower driving miles and car kept in garage off the street for more. Insurers know from national record that I have had no accidents providing another discount. I took a driver safety course 1 hour and got another discount. Be careful which car you buy—it can cost you more. Here are those gone extinct in 2018. Used Tesla for $40,000. Very fast.

Vanguard is making every investment company cut fees and we save
Fidelity is cutting fees on some mutual funds and ETFs to stop the hemorrhaging of customer money to Vanguard. We will have more because we pay less. Over time, paying 17bp vs 21bp will save Fidelity customers $18 million. However, after-tax returns and tracking are also important. These are why Vanguard is still drawing funds from other investment managers. Fidelity still overcharges in its largest funds—68bp vs 32bp for Vanguard’s managed funds. Fidelity in June said more than 1,500 employees took a buyout offer in order for the Johnson family to maintain their profit margins. Fidelity customers may find the drop in fees only raises their wait time for exchanges and services.



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TrumpWorld
Goal: Everyone knows the Trump brand around the world
Trump supporters are upset with DC and future; overlooks his sins


Putin has captured Trump’s patriotism—Collusion with money-lending enemy?
Trump gives in to Putin: removes CIA from Syria leaving moderates to scatter.

Trump group places mob ties above country; it’s about money POWER not US service.
Russian lobbyists guide Trump crew and GOP on business interests toward Russia.
Google searches explain how Trump got elected and keeps supporters: Everybody lies


Trump is still just a mafia contractor from Queens—Fred taught him to be The Don.
Like mob boss, he threatens Senators

Putin Ambassador: “not on Trump side, we are on side of justice” Putin hacked elections.
Breitbart: firing Sessions “only serves to highlight Trump’s own hypocrisy” Losing base.

Can a general keep the troops in line if the CIC won’t let him do his job?
Mobsters don’t call the FBI when Jr doing an illegal deal with fellow mobsters.



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.
Trump will quit before Grand Jury gets to indict anyone in the ‘family’

TrumpWorld – using presidency to make money the old fashioned way: theft
Jared/Ivanka lied again on their disclosure: ‘forgot’ 77 more assets worth $millions
Jared in real estate money-laundering deal with Russian investigated by Congress


Trump hires MarLargo foreign workers not America Great workers.
Trump does not like living in the WH: it’s “a dump.” We pay for new digs and chief.
Trump shop from Canada run by Germans sell us Chinese hats et all. Buy US???
Trump bomb shelters for CA: The Don selling you N Korea insurance policy.

Dictator talk time:
“When the president does it, that means it is not illegal,” Richard Nixon
Trump attacks individual reps for not voting his way—3rd world countries do this.

The Don wants to stop promoting democracy in the world. Back to Cold War?

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




*************
Regulators are the only protection against corporations since we can’t sue anymore

FL overwhelmed by rising water: Tampa, Miami, etc. Gov says can’t be true.
Trump to reverse affirmative action so more rich people can go to Ivy League colleges.

House votes to keep us from suing banks/loan firms when they hurt us. Banks fear suits.
ObamaCare saved this woman’s life and farm: 3 GOP saved our future $200,000 bill.
Ford Explorer may poison you to death: 1.3 million may have CO gas leaks. Test first.
Opium crisis created by drug firms and doctors who give them like candy—lock ‘em up!
Trump giving self an exemption from environmental impact study to destroy streams etc.
Drs & insurer lobbyists write and pass anti-malpractice bill in House w/o our ‘reps’ say.
Jeffrey Martin, Orlando, Thomas Tedrow, Winter Park charged with fraud: pump/dump


We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own
GM killed 124 because ignition switch pin not replaced after knew it killed first in 2006.


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Police want gun control.
When everyone has guns; your chance of being killed goes up. Police don’t know who to shoot. They assume everyone has one and shoot first. You and thief have guns. CO schools now allow teachers/administrators to carry guns in the classroom. Kid lesson! Since 2015, police have killed 86 people with realistic looking FAKE guns--suicide?

NAACP advises travel in MO can be dangerous: “police profiling and brutality”
Police hire back officers they had to dismiss due to bad conduct: prey on public again?

Trump tells police to get ‘tough’ use military stuff to be “mean” to people.
Police say NO to Trump police state—“we have rules of conduct.” Ashamed.
A study says right-to-carry laws increase violent crime. People are emotional and use it.

SCAMS:
IRS agent scam: Ask For Credentials
IRS representatives can always provide two forms of official credentials: a pocket commission and a Personal Identity Verification Credential (PIV). Pocket commissions describe the specific authority and responsibilities of the authorized holder. The PIV is a government-wide standard for secure and reliable forms of identification for federal employees and contractors. Criminal investigators also have a badge and law enforcement credentials. A letter comes before a call. Heads up!
All tax payments are to the U.S. Treasury. Taxpayers should never use a preloaded debit card or wire transfer to make a payment. The IRS provides specific guidelines on how to make a tax payment at irs.gov/payments.


Ignoramus Award:
Trump wants Congress to ‘suffer’ under ObamaCare. Idiot, they already do and love it. McCain got his cancer removed thanks to ObamaCare; surgery alone cost over $76,000
Related image7,150 nuns on GOP: “the most harmful legislation for American families in our lifetimes.”
Fox News proves Trump’s ‘Fake News’ but his 3 fingers are pointing to himself.
Cal U dropping the math and English placement exams and non-credit remedial classes. 
Trump thinks NH is "a drug-infested den" and says WH is a ‘dump’ but now denies it.

How our government wastes our money:
Study shows if you smoke dope like drinking to excess, you get bad grades in college.
CA wishes to secede and create single payer health system and needs cool rain.

Where have all the jobs gone?
105 year old doctor says don’t retire and LIVE longer by keeping your insurance.
Amazon 50,000 warehouse jobs: temporary and interim money boring work.
Alien protector at NASA: keep our “human bodily fluids” separate from theirs.

Job interview will ask for your salary requirements. Answer: I will research the range.
Which job board sites are best for your job search?

Learn Spanish so you have another skill for jobs.

Who owns your account now:
Hartford Financial annuity business to Atlas Merchant Capital.

Miracle:
This morning my wife got a cancer screening for FREE. It used to cost $770 before ObamaCare.
 1st time: gene editing corrects a disease-causing mutation in viable human embryos.

IAN
41 Watchung Plaza, B242
MontclairNJ 07042
973.746.2014
Alerts 

Friday, February 24, 2017

Painless way to create tax-FREE wealth

Your tax refund: The PAINLESS way to create tax-FREE wealth
The average refund—fed and state—is about $3,000. How long would it take your INVESTED refunds to reach $500,000? 50 years, 40, 30 or 20 years? It takes 1 hour to start a $1/2 million fund. You do it with a fully-licensed telephone rep not an advisor/broker. The fees can take 63% of your accumulations over time. Do it yourself and get to $1/2 million in about 27 years. You invest in America’s best companies earning 11% on average long-term. And a new study by McKinsey found that companies taking a long-term view outperform all others. A money manager gets a bonus for short-term results. It’s your money; you keep your bonus.

GOP plans to replace ObamaCare with 1970s system
Ryan met with his group (which has free comprehensive insurance paid by us) to plan to replace ObamaCare with an outline of a plan. It would revamp Medicaid, offer tax deductions for doctors' bills, and state block grants for state pools to assist some individuals in buying individual insurance. We had this structure in the 1970s. If you are poor you will obtain care from clinics/hospitals run by the county/state. If you work and get coverage at work, there are no coverage standards—your coverage may be limited and be capped. If you must shop for your own care and can find a policy you will pay higher rates without government help unless your doctor bills exceed a threshold and you itemize your tax deductions. GOP likes health-savings accounts where you pay more using pre-tax money. If you are too sick you will be assigned an insurer by the state which will take state money but may provide substandard coverage from novice doctors. States will receive a Fed block grant like the 1970s and can use the money for roads not care. There is no standard. For instance, in NJ under Medicaid, doctors who take NJ FamilyCare receive only $15 per visit. Young healthy people will avoid insurance and visit a hospital when sick. Universal coverage mandate and caps are gone and costs vary.
Our Reps have great coverage for free. They never had to experience 1970s style no-care. Millions had to sit in hospitals for days for care; some were sick and never had coverage they could afford. GOP promises ‘access’: most can not AFFORD coverage.  

FREE tax preparation
Advertising to you is how they pay for free credit score and “free” tax prep
https://www.creditkarma.com/ needs your eyes to obtain dollars from sellers of financial services and they give you software to file federal and state taxes at no cost. If you need to file a simple return, this is the cheapest way. Usually simple means you have W-2 income and no home deductions. The IRS has a topic look up so you can find the answer to your question easier than waiting on the telephone for an operator to answer:  https://taxmap.ntis.gov/taxmap/. You can do your federal online FREE using commercial sites through the IRS https://www.irs.gov/uac/free-file-do-your-federal-taxes-for-free. These sites charge for a state return. You can also use a local AARP tax aide office: http://www.aarp.org/money/taxes/aarp_taxaide/ AARP does not discriminate by age or income so they can usually take care of most people. Best tip: deduction for IRA contributions and tax credit up to $2,000 subtracted from tax you owe. Double Your Pleasure. 


Why is your advisor recommending ETFs (index funds)?
Is your financial salesperson charging you to use exchange traded funds? ETFs are index mutual funds that can be bought and sold anytime like stocks. However, they are index funds. Real index funds are meant for long-term gains not short-term trading. If you trade them, moving from one sector to another trying to catch the wave crest, you will lose. If you trade Alt or Liquid Alts, read SEC. According to the annual investor questionnaire results, the average return for managed accounts is just 3.79% compared with the index of 11.06%. My friends who have a low-cost stock market index have added 26% to their nest egg over the last year. Perhaps your sales person is like this “advisor”: https://www.youtube.com/watch?v=e_Ql_7NCk0o
You could be using Warren Buffett as your advisor: https://www.amazon.com/Warren-Buffett-Your-Investment-Advisor/dp/1518690963

TrumpCare: a return to the original GOP plan
Universal mandate, no lifetime cap, no pre-existing condition ban, cost negotiation from strength. These were all part of the Heritage Foundation plan when introduced in 1993.
Republican Sen. John Chafee of Rhode Island was the point man. The bill he introduced, Health Equity and Access Reform Today, had a list of 20 co-sponsors that was a who’s who of Republican leadership. There was Minority Leader Bob Dole, R- Kan., Sens. Orrin Hatch, R-Utah, Charles Grassley, R-Iowa, Richard Lugar, R-Ind., and many others. There also were two Democratic co-sponsors. The Chafee bill included: an individual mandate; Creation of purchasing pools; Standardized benefits; Vouchers for the poor to buy insurance; A ban on denying coverage based on a pre-existing condition. It did not expand Medicaid as Obamacare does, and it did have medical malpractice tort reform, which the current law does not.
Trump could tweak what we have and be a hero. Will GOP let him?

How to invest in retirement
Where do you invest if you are retired? If you are over age 70 you must take mandatory withdrawals from your IRAs because you got a deduction when you were contributing to you 401k and personal IRA accounts. If you are receiving a pension and Social Security you may have extra funds because you or your spouse is still working. First if one of you is under age 70, you can still make regular IRA contributions. It can be deducted if your AGI is under the income limit. This is a spousal IRA. You can put in $6500. You can make Roth IRA contributions at any age but there are income limits. There are no deductions now but every dollar earned is tax free in the future. You can also convert all or part of your IRA or rollover IRA to a Roth IRA as long as you pay the tax on the untaxed portion. This allows the rich to avoid the Roth income limits by putting the money in a regular IRA and then converting. This is a great retirement tool as all the gains are tax free and heirs benefit too. Retirement can last 30 yeas or more: invest.

Why aren’t those great jobs coming back? Trump has answer
When he tore down the historic Bonwit Teller to build his Tower, The Don contacted a construction middleman to hire Polish immigrants and aliens. They were not union and didn’t speak English. They were paid less than half the union wage and some were cheated out of their pay. The Don denies knowing anything. Today, Chris Wade has been displaced  by non union workers. His job was assembling cables and electronics for $30 an hour at Delphi Automotive in Warren, Ohio. Now Berta Alicia Lopez does the same work at the Delphi plant in Juárez, Mexico — for $1 an hour. 
The Don did what Delphi does and yet the “worker savior” promises to tell firms like Delphi how to run their business. The Don has claimed that he saved hundreds of jobs and yet we all know those jobs can’t be saved. The Don can shame companies to move jobs around or delay moving but we all know it is just a promoter making his image stronger. Companies with unfilled jobs say no qualified workers, need immigrants. 
Don’t be Trumped by The Don’s false promises: https://www.amazon.com/Dont-Trumped-Dons-economy-strategies/dp/1542615143

The Don lets polluters dump coal sludge in rivers—use only bottled water
Only two months after the clean river regulation, Trump dumped it so that Big coal can get rid of waste quickly and FREE. Lobbyists and Congress cancelled the reg because it was not even in force yet. Easy and quick victory for McConnell and Paul’s funders. The rules were difficult to write and took too long. Now the people who live in the aquifer of these mines will suffer over time. State regs are not difficult to avoid. Each family will need to test their water weekly so they can keep their jobs and stay alive. New mining methods blow up mountains for coal so owners must dump the remains. Valleys with streams are the preferred way and owners do not live there—only the little people.

Do you drive under 5000 miles a year? Save $500 a year
In some states, you can pay per mile for your full coverage. You need to establish you are a safe driver and be willing to put a mileage meter in your car. One insurer MetroMile that offered me a policy for 2 5-year-old cars in NJ charged me $760 a year with $500 deductible on collision and comprehensive. That beats my $1020 cost at GEICO. I have to get the car inspected locally. Metro operates in California, Illinois, New Jersey, Oregon, Pennsylvania, Virginia and Washington. National General is the ultimate insurer with excellent financial ratings but with poor customer services ratings on Google.

The Don plans to cut programs you use everyday to fund war
If you visit a museum or support young people serving the needy or listen to NPR or need inexpensive legal services or support drug use elimination in your town, you will see these programs eliminated in the coming year under a GOP budget. If you work at a war materials factory you will see expansion of your hours. In addition, Trump’s team favors cuts in small but high profile programs to support his propaganda strategy of America First. His hats and Ivanka’s line are made in China etc. Meanwhile, Trump’s lifestyle expenses have already exceeded Obama’s expenses for the year with trips to his club every weekend while his wife sits in the NY Tower costing us $500,000 a day. We are also covering his sons’ visits to promote his properties in Uruguay and Dubai as well as Trump properties around the world. Trump is cutting our programs while increasing programs for his own benefit at tax payer’s expense. Trump raises tax for some.

The Don’s proposed tax cuts for the rich are wasted.
“Three-quarters of the tax cuts would benefit the top 1 percent of taxpayers” The middle fifth of incomes would get a 0.5 percent tax cut, worth about $260. Most economist say his tax cut will increase deficits and like Kansas, our taxes will go up to pay for them in the future. KS cut taxes to the rich in 2012 to stimulate growth. It did not work. KS budget is short $1 billion after cutting schools, roads, etc and raising taxes on smokes and alcohol. New income taxes on workers passed. Growth is created by demand from higher disposable income from the majority of Americans. The estimated $260 tax cut will go to pay a new 20% import tax on cars, parts etc from Mexico. Other proposals like allowing immediate depreciation could set heavily leveraged industries like farming, finance and real estate (Trump’s businesses) against those that invest in equipment that loses value over time, like manufacturers. More manufacturers would seek relief by going abroad.

Is your vehicle on the list of most dependable?
JDPower.com study finds that the 10 top-selling models from the 2014 model year average 134 PP100—significantly lower than the industry average of 156 PP100. Two perennial best-selling models—the Ford F-150 pickup truck and the Toyota Camry sedan—also lead their vehicle segments in the 2017 VDS. Jeep and Fiat hold down the lowest ratings. Owners are asked about problems of any type after using their vehicles for years.


We are entering the Twilight Zone:
"There is a fifth dimension beyond that which is known to man. It is a dimension as vast as space and timeless as infinity. It is the middle ground between light and shadowbetween science and superstition, and it lies between the pit of man's fears and the summit of his knowledge. It is an area which we call the Twilight Zone" where “alternative facts” and illusions of conspiracies are lived out. Lies are considered truth. 
Rod Serling
  

Remember, Don Trump is still a contractor from Queens NY, just richer than most. As a promoter, his income is from lending his wealth “brand” to other’s buildings and golf. The Don does not like to read so policy is 1 page of MAPS—he likes maps and TV. He conducts secret state business in front of the wealthy, letting them play with the nuclear “football” that can kill Earth. Richard DeAgazio might be Russian spy who switched nuclear briefcase on Rick during photo op. Creates fear to control base. Tweets all night.
Real Donald Trump called for lock-step marching by all and remember your brown shirts. When ideology “discards and chops off” the facts and calls world normal.

Trump legacy:  “get out of my country” supporter kills restaurant patron in KS.

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Promises (lies) and Actual outcomes:

If Fox fake news says N.Korea fires missile, will Trump start nuclear war III?
The Don blames Fox for fake news about Sweden terrorist that never happened.

The Don’s lawyer has plan to give Ukraine to Putin—payback for election help? What is Putin’s game with Trump? Putin asked “what do I do now” after election won.

The Don tells FBI what to say about Russia—Comey already gave him election victory.


The Don places the media in the “enemy” category with terrorists and ISIS
Paranoia strikes deep:
Fear of failure creates alt universe; mistakes denied reality ignored.
"Any negative polls are fake news." Mad Dog says media is NOT enemy; its constituency. How else would we know what the Dictator does?

a terrorist attack in Sweden” stirs up fear using Fox fake news—no attack in Sweden just like no attack in Bowling Green KY. 90 real sources confirm ‘no’ Don, use web.

“suppression of an "adversarial" press can lead to a dictatorial regime”--McCain
"Those who do not learn history are doomed to repeat it." 


Putin orders Trump Psychological Dossier : Trump was there.   I want a copy

General declines replace Flynn bec propagandist Bannon on Natl Sec Council.
I Inherited a Mess,’ “Russia is a ruse,” “The public doesn’t believe you people anymore.” “Are you a friendly reporter?” “See He lied” Don’s delusional response.

“You may wanna come around. It’ll be fun. We’re really working tomorrow. We have meetings every 15, 20 minutes with different people that will form our government."

Finally bringing comprehensive health care to the neediest was right on time.

The Don removed the Obama-era policies on climate and water pollution. He will rewrite 2015 regulation that limits greenhouse-gas emissions from existing electric utilities. He will restart the coal mining in federal lands. He will remove the 1972 Clean Water Act the keeps all waterways clean and allows farmers to pollute with fertilizer and pesticides.

The Don has cut red tape for lobbyists—new language doubles the army who tell our Reps what their companies want done. We are losers. 31,000 lobbyist write our laws.


Underground railroad forms to counter military deportation tactics

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Regulators are the only protection against corporations since we can’t sue anymore

Some Volkswagen owners say they’re still waiting for their buybacks, 4 months late.
Feds cannot stop hackers from demanding ransom for your PC—protect yourself now.
IRS caught not telling us our SS number used by illegals so our SS benefit at risk.
Conway caught violating legal ethics: “dishonesty, fraud, deceit or misrepresentation
Purshe Kaplan Sterling, Albany, caught overcharging Native American tribe on REITs
Red River Sec, Hardwick and Lawson Financial caught fraudulent selling securities.


We need regulation—GOP wrong—companies/cities wouldn’t fix bad products on own
GM killed 124 because ignition switch pin not replaced after knew it killed first in 2006.


Police want gun control.
When everyone has guns; your chance of being killed goes up. Police don’t know who to shoot. They assume everyone has one and shoot first. You and thief have guns. CO schools now allow teachers/administrators to carry guns in the classroom. Kid lesson! Since 2015, police have killed 86 people with realistic looking FAKE guns--suicide?

MO allows anyone to conceal gun anywhere without permit or training Wild West?



SCAMS:
Voter ID laws do what GOP intended: keep Dems out of voter booth.
IRS does not call or email you. Scammers DO call and threaten.


Ignoramus Award:       deport 11 million working people?
Remember Ivana Trump’s insight: “Who’s going to vacuum our living rooms…”


How our government wastes our money:
It will cost us at least $600,000,000,000 to send 11 million illegal immigrants home and another $1.6 Trillion from lost income tax revenue since they are not working anymore. If the National Guard is used that will cost even more. All the low-pay jobs they do will require more pay for poor Americans so we will spend another $2.2 Trillion on higher prices for many things we buy. Rich people will get their housekeepers/nannies exempt by Trump.

Where have all the jobs gone?
Immigrants are present in construction, gardening, agriculture, fast food etc. all low pay jobs that few others want.
CSX Corp will cut 1,000 management employees. Productivity and automation blamed.
JC Penny cut 6,000 from 140 stores.
Which job board sites are best for your job search?

Who owns your account now?
Vanguard’s 60,000 millionaire account holders get served in offices by “crew” for less.

Miracle:

IAN
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MontclairNJ 07042
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