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POLITICAL THREAD

How will they rule ??!

  • YES - Qualified

    Votes: 41 82.0%
  • NO - Disqualified

    Votes: 9 18.0%

  • Total voters
    50
  • Poll closed .
The MSM would have you believe that white supremacists are vast in numbers and a major threat. Likewise with independent right wing media and Antifa.

Amazing what the hardcore bases of both sides will believe when it's spoon fed to them.

If you want to see what America really looks like, go to the park and watch kids of all races playing with each other. Get off the Internet and go talk to actual people - the vast majority of us are more alike than different. Watch what's going on in Houston - do you see anybody asking what party someone supports before rescuing them or offering help?

Don't let the media make you believe minuscule problems are massive problems.
 
I know a guy that retired from UPS with full benefits, he was a delivery guy. Over the years he had a shoulder problem caused by his job. So.... he is disabled and draws disability from the state of KY along with his UPS benefits. That is nuts!


I don't live in ky now, but what kind of disability does he get from the state? i know you can draw social security if you are permanently disabled from doing your job.
 
Against my better judgment, think I will try again on this board to have a discussion not involving the usual boogey men/women.

Any opinions on the Kentucky Pension debacle and/or comprehensive tax reform (which pretty much is a key component to solving the pension problem)?

Play golf with a good guy, just retired as a teacher at age 52, now on the draw for the rest of his life. Brother in law has a law degree, retired from state govt at age 55, now also on the draw . . . see where I am going with this?

As draconian as the consultant's report was, conclusions were largely correct. We cannot continue to pay people in the prime of their career to retire in their early 50s. I also was told by David Adkisson, CEO of the state Chamber of Commerce, that when he was Mayor of Owensboro, their police officers could retire after 20 years. One of his HS classmates retired at age 42!! Guy was not shot, injured on the job or anything, just took retirement. And O'boro is on the hook for the next 40 years for health care and retirement.

Now you can argue the "inviolable contract" until the cows come home, but states, unlike the good old USA, cannot just print money to give to retirees. And although I am 1000% in favor of tax reform in Ky, you also cannot raise the top tax rate to 8 or 9% just to fund the pension deficit, because anyone with money will just relocate to Florida or other states with lower or no income tax. Although Bevin is a bull in a china shop with his personality, he is largely leading in the right direction on both of these issues. (not that our gutless Republican legislators will tackle tax reform anytime soon, just like the previous equally as gutless Democratic legislators, they all have more or less stated they think it would cost them the next election)

People retiring in early 50' s with public pensions needs to stop.

Agree on both. The problem is you cant punish people who take advantage of a good deal.

What should absolutely happen is every single legislative and executive in charge of robbing this fund over the last few decades should have their funds seized and put into the system. Or prosecuted. Or both.

Then moving forward, including those in the system 10 years or less, the retirement age should be drastically increased. Its ridiculous to think someone should retire at 55 with full benefits.
 
I can see where people took the tradeoff of working in the public sector and took lower income in exchange for benefits such as early retirement.

This is really only true in some specialty positions like legal. The reality is you have office workers and other staff making the same as private and still with a pension. It is much worse in federal and higher ed than state and local though. (I know higher ed does not have pensions but they do have extremely generous matching much higher than private sector).
 
I can give you examples of state workers retiring in the early fifties and then hired back as a contractors as the same level salary because the systems they managed were so antiquated (and they were in charge of and failed to update to newer/better technologies) that they could not find anyone to manage them.
 
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Against my better judgment, think I will try again on this board to have a discussion not involving the usual boogey men/women.

Any opinions on the Kentucky Pension debacle and/or comprehensive tax reform (which pretty much is a key component to solving the pension problem)?

Play golf with a good guy, just retired as a teacher at age 52, now on the draw for the rest of his life. Brother in law has a law degree, retired from state govt at age 55, now also on the draw . . . see where I am going with this?

As draconian as the consultant's report was, conclusions were largely correct. We cannot continue to pay people in the prime of their career to retire in their early 50s. I also was told by David Adkisson, CEO of the state Chamber of Commerce, that when he was Mayor of Owensboro, their police officers could retire after 20 years. One of his HS classmates retired at age 42!! Guy was not shot, injured on the job or anything, just took retirement. And O'boro is on the hook for the next 40 years for health care and retirement.

Now you can argue the "inviolable contract" until the cows come home, but states, unlike the good old USA, cannot just print money to give to retirees. And although I am 1000% in favor of tax reform in Ky, you also cannot raise the top tax rate to 8 or 9% just to fund the pension deficit, because anyone with money will just relocate to Florida or other states with lower or no income tax. Although Bevin is a bull in a china shop with his personality, he is largely leading in the right direction on both of these issues. (not that our gutless Republican legislators will tackle tax reform anytime soon, just like the previous equally as gutless Democratic legislators, they all have more or less stated they think it would cost them the next election)
What you are saying here is what is hurting many countries in Europe and a few states in this country. It is not sustainable under these conditions.
 
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Against my better judgment, think I will try again on this board to have a discussion not involving the usual boogey men/women.

Any opinions on the Kentucky Pension debacle and/or comprehensive tax reform (which pretty much is a key component to solving the pension problem)?

Play golf with a good guy, just retired as a teacher at age 52, now on the draw for the rest of his life. Brother in law has a law degree, retired from state govt at age 55, now also on the draw . . . see where I am going with this?

As draconian as the consultant's report was, conclusions were largely correct. We cannot continue to pay people in the prime of their career to retire in their early 50s. I also was told by David Adkisson, CEO of the state Chamber of Commerce, that when he was Mayor of Owensboro, their police officers could retire after 20 years. One of his HS classmates retired at age 42!! Guy was not shot, injured on the job or anything, just took retirement. And O'boro is on the hook for the next 40 years for health care and retirement.

Now you can argue the "inviolable contract" until the cows come home, but states, unlike the good old USA, cannot just print money to give to retirees. And although I am 1000% in favor of tax reform in Ky, you also cannot raise the top tax rate to 8 or 9% just to fund the pension deficit, because anyone with money will just relocate to Florida or other states with lower or no income tax. Although Bevin is a bull in a china shop with his personality, he is largely leading in the right direction on both of these issues. (not that our gutless Republican legislators will tackle tax reform anytime soon, just like the previous equally as gutless Democratic legislators, they all have more or less stated they think it would cost them the next election)
I give credit to Bevin for trying to address the issue which had been more than ignored for 50 years, but covered up to use the money to payoff whomever with projects.

I'd do two things first: 1) I'd raise sales tax 1%. Matt Jones railed on how this hurts the poorest as it's regressive. I find that bs. First, the poorest spend little on sales tax. Their $ goes to rent - not taxed, food - not taxed, fuel or public transportation - not taxed. They buy cheap or second-hand clothes. So what do they pay sales tax on? Second, sales tax collects from the underground economy that income taxes don't reach. Time those people pay up. Third, sales taxes come from big ticket items sales, restaurants, booze, etc. Who has the money to buy those things? The poor? BTW, states that rely on slaes over income taxes are doing above average: FL/TX/NH/WA/TN. Maybe that's because the poor move out so they don't have to pay sales tax?

2) Freeze COA's for a period of time. Some say pensions are guaranteed. If so, then can't be done. But while everyone pays the pensions, only a few benefit. Net, they should have extra skin in the game in the way of reduced COA's

My two cents.
 
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I can see where people took the tradeoff of working in the public sector and took lower income in exchange for benefits such as early retirement. It's not the fault of the workers, don't blame anyone taking early retirement. Blame the gutless lawmakers who have kicked the can down the road and put us in this mess. Now, all the options are drastic, a lot of hard decisions and no easy answers. Somebody is going to have to bear the financial burden.
Blame the past legislators & governors who did this & only the current ones if they don't do something towards correcting it. I mean there are new sheriffs in town. OK, now show your guts.
 
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Fake news...wow, he spoke at the rally. Meanwhile, you provide shade for the countless GOP shills for the white nationalists and Nazi sympathizers.

When did nationalism become a bad thing? When they attached the word white to it?

Just so you know, there are other ethnicities that put the USA first as well along with whites. All of these people are called Americans.

Does that make them bad people? Or just the white ones?
 
I'm a proud nationalist. I don't give a damn about the third world and I'm 100 percent against immigration from the third world that can't contribute anything and won't adapt to western civilization.

America nor Europe are better off with Muslim/third world immigration. They do not benefit us at all. They benefit Dem politicians for votes cause the third world loves big government and it benefits those who want cheap labor.

The globalist people always amaze me. You think Japan falls for this crap? No, they don't. Why? They protect their people and their culture. They didnt become a big bowl of crap where they allow in the third word and then change Japanese culture to not offend these visitors.

It would be like you working to take care of your family and your house and then a group of strangers comes in, takes your money and tells you how to run things in your house.
 
1) I'd raise sales tax 1%. Matt Jones railed on how this hurts the poorest as it's regressive. I find that bs.

It is regressive, strictly speaking, in that it effects a larger percentage of the poors overall wealth.

But tough problems require tough solutions. And the outcome would have a much greater financial impact on those that consume the most.

Its not a perfect solution. But its the best we have
 
Would you want to visit Paris and London if it looked and was run like Pakistan? No? How about if it looked like Haiti?

Why do you think some places are utter shit? Could it be the people? So why would a successful country want to bring in people like this? People who ruined a place and then run to our lands and destroy it, milk it and even assault our women and kill us.

Not all cultures are equal so why should we welcome those who don't respect our culture and replicate their garbage over here? Why don't you see Americans or Europeans flee to these people's countries?
 
I'm a proud nationalist. I don't give a damn about the third world and I'm 100 percent against immigration from the third world that can't contribute anything and won't adapt to western civilization.

America nor Europe are better off with Muslim/third world immigration. They do not benefit us at all. They benefit Dem politicians for votes cause the third world loves big government and it benefits those who want cheap labor.

The globalist people always amaze me. You think Japan falls for this crap? No, they don't. Why? They protect their people and their culture. They didnt become a big bowl of crap where they allow in the third word and then change Japanese culture to not offend these visitors.

It would be like you working to take care of your family and your house and then a group of strangers comes in, takes your money and tells you how to run things in your house.
Third world country people are just as proud of their heritage and are nationalist as are just about every person in every country of the world. It is easy to see when you go to these countries. It is only the misinformed and uneducated left in this country who are trying to destroy the pride of being an American.

This is what I wish everyone would do, if you hate America, leave. Go to a country that has the structure you like as a government. Trying to make everyone live the way you live is not democratic. If you like socialism move to Venezuela or some other socialist country. They would gladly take you if you were willing to work very hard and give away every dollar with the exception of the bare minimum you need to live. Problem solved.
 
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Alex Wubbels was following hospital protocols when she was arrested in Utah

A US police officer who forcibly arrested a nurse for refusing to take a blood sample from an unconscious patient has been placed on administrative leave.

An investigation is under way after footage of the incident at a hospital in Salt Lake City, Utah, emerged.

It shows nurse Alex Wubbels screaming for help as she is manhandled outside and handcuffed.

The hospital said she had correctly followed its policy.

Blood can only be handed over without a patient's consent if they are under arrest or the police have a warrant - neither of which was the case in this incident, the University of Utah Hospital said.
 
It is regressive, strictly speaking, in that it effects a larger percentage of the poors overall wealth.

But tough problems require tough solutions. And the outcome would have a much greater financial impact on those that consume the most.

Its not a perfect solution. But its the best we have
It is not as I showed above.

What do the poor pay sales taxes on that amount to anything? They can't afford cars that cost anything & their basics - rent, food, fuel, utilities - are sales tax-free. Person that affords a $30K car pays $1800 in sales tax. Poor don't pay that in 5 years on $20K income. Sure if they choose to buy a lot of booze & cigs they pay more sales tax, but I'm not worried at all if that's what it is.
 
It is not as I showed above.

What do the poor pay sales taxes on that amount to anything? They can't afford cars that cost anything & their basics - rent, food, fuel, utilities - are sales tax-free. Person that affords a $30K car pays $1800 in sales tax. Poor don't pay that in 5 years on $20K income. Sure if they choose to buy a lot of booze & cigs they pay more sales tax, but I'm not worried at all if that's what it is.

I agree with you mostly. Strictly speaking, in theory, any consumption tax effects poor more than rich. Thats not really disputable.

What else isnt disputable, is that in real life scenarious consumers that spend more get taxed more. So it really is nothing more than a science lab utopian argument, pandering to the left, thats only true in a very controlled example.

Another idea is increase excise tax. Cant even make the argument there. Poor people shouldnt be wasting money on cigs and booze. Thats all expendable income.

And finally, legalize weed. Thats so obvious it shouldnt need pointing out.
 
So a business finances an apartment building and can deduct the interest payments as a business expense and rent to me, but I can't deduct my interest expense if I buy a building and live in it myself?

Businesses can write off hotels, restaurants, cab rides, you name it. So why not extend that to everybody?
 
Businesses can write off hotels, restaurants, cab rides, you name it. So why not extend that to everybody?


I'm not here to rationalize the income tax or inconsistencies under the current IRC.

Why can I deduct the money I pay monthly personally for parking if it comes out as a payroll deduction into an FSA, but not if I pay personally after the fact?

Why can businesses and self employed deduct health insurance expenses, but individuals are subject to the AGI floor?

Why are individuals subject to a 2% AGI floor to deduct tax prep fees, but businesses aren't?

Why is S Corporation income not subject to SE tax but Partnership/LLC income is for individuals?

etc.

etc.

etc.



The answer to all those questions is - because politicians write the tax laws.
 
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It is not as I showed above.

What do the poor pay sales taxes on that amount to anything? They can't afford cars that cost anything & their basics - rent, food, fuel, utilities - are sales tax-free. Person that affords a $30K car pays $1800 in sales tax. Poor don't pay that in 5 years on $20K income. Sure if they choose to buy a lot of booze & cigs they pay more sales tax, but I'm not worried at all if that's what it is.
Fuel is not tax free, tax is already included. Depending on where you live, food, utilities and just about every thing else have taxes on it. Look at your cell phone bill, water bill, electric bill etc... they all have a tax added on to the bill. Most states have a sales tax on food and just about everything else. What are you talking about here, or what state?
 
This pension debacle is a little preview for whats to come with social security in a few years.

This is just a drop in the bucket.
If you are under 50 (possibly older) and are expecting to survive off SS when you get old you are in for some rough Golden Years. Take a hard look at the average retirement savings Americans have and then look at how the SS fund has been stolen from by Congress for years and it's not real hard to understand the day of reckoning for a lot of folks is coming. Get Dems back into power when that day comes and there is no doubt they will tax the hell out of those who actually saved their money a lot more to pay for the entitlements just like the state of KY and others are going to tax more to pay for these pensions.
 
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I can give you examples of state workers retiring in the early fifties and then hired back as a contractors at the same level salary because the systems they managed were so antiquated (and they were in charge of and failed to update to newer/better technologies) that they could not find anyone to manage them.

I worked in county government. Happened all the time.
 
I love the "we can't renege on what we promised people" line when it comes to pensions and social security. Sorry dickbag, I wasn't of voting age when these decisions were made, so I didn't promise anybody squat.
 
I'm not here to rationalize the income tax or inconsistencies under the current IRC.

Why is S Corporation income not subject to SE tax but Partnership/LLC income is for individuals?

The answer to all those questions is - because politicians write the tax laws.
LLC's should consider electing to be taxed as S Corp's. But you're correct, Cosby. The IRC is fvcked up beyond repair.
 
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