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| A Real Budget Cutter; New Gov of New Jersey | |
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| Tweet Topic Started: Feb 11 2010, 01:52 PM (559 Views) | |
| Carolyn says | Feb 12 2010, 01:57 AM Post #16 |
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I can't speak for the state pension plans, etc. But as for Social Security, I have a radical plan - NO one should be able to collect Social Security unless they were both (a) American citizens, and (b) had paid money into it equal to at least 70% of what they were withdrawing. This would automatically eliminate illegals, plus it would eliminate minors. Sorry, folks - it sounds cruel but a person shouldn't take what they haven't earned. |
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| abb | Feb 12 2010, 06:43 AM Post #17 |
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The word "fair" should never be used in any discussion involving taxes or government, IMO. |
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| kbp | Feb 12 2010, 07:26 AM Post #18 |
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LOL! The car salesmen who saw their new and old careers just go 'POOF"! An old member, Twaddlefree or something like that, emailed me a year or two ago about doing that; purchased a place with acres and stocked up on the ammo that might be needed. ***** When the housing market was at it's strongest, there was a good percentage (like 30%) of the purchases that were 2nd homes. I recall being surprised at the percentage of those 2nd homes which were without debt, free & clear of any mortgage. It was a big factor identified to have held the prices up some when the bottom was falling out. I anticipate tax law changes in the rules that involve 2nd houses. A target for the "redistribution" in which the majority of people will not feel sorry for! Anyway, the reason I mention this is that I know quite a few retired government employees that bought 2nd houses (lake homes...) because their retirement allows them to afford such a luxury, the new mortgage that retirement plan covers. Edited by kbp, Feb 12 2010, 07:26 AM.
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| kbp | Feb 12 2010, 08:14 AM Post #19 |
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The Democrats quickly identify alternative sources for INCREASED REVENUE and whine that their world is coming to an end with budget CUTS! Revenue versus cuts, OH MY... Has to really be painful for a few there (those with a "D" beside their title of position). Edited by kbp, Feb 12 2010, 08:15 AM.
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| Baldo | Feb 12 2010, 10:31 AM Post #20 |
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Yes, but it all depends on just how bad the financial situation gets for the States & Municipalities. In California the problem has been hidden for a long time. Privately City Administrators acknowledge the serious problem, but politically they can't. Up and down California this is a real concern in council chambers, CALPERS(California Govt Employees Pension Fund) is the world's largest fund of it kind. It was heavily involved in speculation of oil prices in the run up to $147 and also in California real estate. It lost tens of billions. Many are wanting for them to come running to the State to demand more contributions to make up the projected deficits which the State has to do. A Contract is a Contract, unless you are insolvent and can't pay. States can't declare Bankruptcy because they have taxing authority, but try telling that to the taxpayers who have to pay for those pensions when they are hurting. |
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| brittany | Feb 12 2010, 10:39 AM Post #21 |
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People took government jobs (whether at Fed. State or Local Level) for job security and benefits, but the pay was lower. Read somewhere that NOW the average Govt. job is $70,000 a year, but the avr. private sector job is $40,000. There is an imbalance. These public workers have to start paying a portion of their health benefits. The free ride or bitching about paying 10% of their family cost of health care benefits should be over. |
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| abb | Feb 12 2010, 12:07 PM Post #22 |
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My $0.02 this morning. About Those “Non-Essential” Gov’t Employees By Walter Abbott http://lincolnparishnewsonline.wordpress.com/2010/02/12/about-those-non-essential-govt-employees/ |
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| retiredLEO | Feb 12 2010, 03:26 PM Post #23 |
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The "D's" in NJ are already complaining, I got this e-mail this morning from my state assemblyman. Dear Neighbor, As you know, the global economic recession has had a serious impact on New Jersey. People are losing their jobs. Families are losing their homes. Everyone must do more with less. And that's just what our state government must do as well. New Jerseyans are frustrated by wasteful spending in Trenton, which drives up taxes and diverts money from important programs that really need it. Yesterday, the Governor proposed a series of cuts to this year's state budget, which faces a significant deficit because of declining revenue. As chairman of the Budget committee, I will ensure we will take testimony on the Governor's proposals. But whatever decisions we make about the state budget and spending cuts should not come before hearing from you, the taxpayers. It was disappointing to see the governor unilaterally imposing these budget cuts without seeking input from the public. As your elected representative, I want to make sure your voices are heard in Trenton. If they were, the governor may not have proposed cutting nearly $500 million in state aid, which would deny money for classrooms in almost every school district in New Jersey and take property tax relief out of your pockets. We need to hear viable alternative solutions to balance our budget responsibly without burdening the hardworking taxpayers of New Jersey. Your input is very important to me. I want to know how you think we should further reduce spending and which programs or services you believe should be cut. I would also encourage you to offer any innovative ideas or proposals, however outside-the-box they may seem. Everything is on the table. No one's opinion will be ignored. Solving our critical budget problem will take a bipartisan approach; all ideas will be considered on their merit, without regard to whether they come from a Democrat or a Republican. You may reply to this message or email me separately at lou@lougreenwald.com with your suggestions. Please be as specific as possible. All ideas are welcome, regardless of how big or small they may seem, and whether they come from a large organization or small household. All of us are in this together, and all of us can and should have a hand in finding workable solutions. I look forward to your comments and ideas about cutting state spending and forging a commonsense solution to the state budget issue. Together, we can make New Jersey a more affordable place to live and work. Sincerely, Assemblyman Lou Greenwald |
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| kbp | Feb 13 2010, 04:12 PM Post #24 |
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There is that attention given to more revenue, while ignoring spending cuts as the solution! |
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9:27 AM Jul 11