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scaredyclassic
Participantused possibly iranian rugs might be low.
flea market vendors were saying sales are sluggish in jan., people holding on to money.
January 8, 2018 at 11:37 AM in reply to: ot. bought an old iranian rug at n. park flea mkt today #808938scaredyclassic
ParticipantShoot.
I don’t know.
It was cheap, anyway and it looks cool. $300.00
Has a sales tag from a distributor claiming Iran.
i need a rug because we now have wood floors and i like to nap on the floor, not on carpet, near a particular window.
maybe its better if the rug isnt too fine.
the colors seem very rich.
scaredyclassic
ParticipantI get drunk on wine, BUT at home only
January 4, 2018 at 11:52 PM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808907scaredyclassic
Participant[quote=flu]Boom!
http://www.chicagotribune.com/business/ct-california-trump-tax-law-20180104-story.html
California Senate leader on Thursday introduced legislation aimed at circumventing a central plank in the new Republican tax law, introducing a model that – if successful – could be replicated all over the country.
California Senate President Pro Tempore Kevin de León, D, introduced a bill that would allow taxpayers to make a charitable donation to the California Excellence Fund instead of paying certain state taxes. They could then deduct that contribution from their federal taxable income.[/quote]
So cool
scaredyclassic
Participantpsychedelic mushrooms up next on ballot.
i plan to work to help it.
scaredyclassic
ParticipantSon, never trust a man who doesn’t drink because he’s probably a self-righteous sort, a man who thinks he knows right from wrong all the time. Some of them are good men, but in the name of goodness, they cause most of the suffering in the world. They’re the judges, the meddlers. And, son, never trust a man who drinks but refuses to get drunk. They’re usually afraid of something deep down inside, either that they’re a coward or a fool or mean and violent. You can’t trust a man who’s afraid of himself. But sometimes, son, you can trust a man who occasionally kneels before a toilet. The chances are that he is learning something about humility and his natural human foolishness, about how to survive himself. It’s damned hard for a man to take himself too seriously when he’s heaving his guts into a dirty toilet bowl.
scaredyclassic
Participantcheck weedmaps.
pot can be had for less than 100 an oz, about 3 bucks and change a gram.
its so much stronger less is needed.
with a vaporizer, one can get all the thc.
people can get really intoxicated with less than .2 grams. about 60 cents worth.
this is dirt cheap intoxication.
but now that its legal, it will have 94% less appeal.
craft beer is much more fun
scaredyclassic
ParticipantLegal is boring
December 25, 2017 at 11:16 PM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808846scaredyclassic
Participantso how does that work?
i give $100 to cal grant.
i get a 50 state tax credit so im out of pocket 50.
then i get to deduct 100 on fed taxes?
say thats worth 35 to me. so for 100 i get 85 in tax breaks. im out 15$.
or i could kerp the 100 pay the full tax burden and keep about 55. im out 45?
is that it?
December 24, 2017 at 8:56 AM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808844scaredyclassic
ParticipantToo Good to Be True? How State Charitable Tax Credits Could Increase Federal Funding for California
in California Policy Options (2013)UCLA School of Law, Law-Econ Research Paper No. 13-16
31 Pages
Posted: 18 Sep 2013Phillip C. Blackman
IndependentKirk J. Stark
University of California, Los Angeles (UCLA) – School of LawDate Written: September 17, 2013
Abstract
An IRS chief counsel memorandum published in 2010 found that a taxpayer was permitted to claim a charitable contribution deduction for the full amount of a gift, even thought a substantial portion of the gift was effectively refunded to the taxpayer through a charitable state tax credit. In this article, Blackman and Stark explain that the IRS memorandum permits states to adopt charitable tax credits that effectively enable taxpayers to convert state taxes to charitable gifts — a strategy that would be attractive to alternative minimum taxpayers. Those state charitable tax credits (some with extraordinarily high credit percentages) appear to be on the rise, perhaps in part because they effectively enable a transfer of revenue from the federal government to the states. The authors believe the memorandum should be repudiated (as a matter of appropriate federal tax policy), but if it is not, states should consider taking advantage of it. The article discusses how the strategy applies in the case of proposed California legislation that would permit a 60 percent tax credit for contributions to a state fund designed to increase financial support for low- and middle-income students to pursue secondary education.December 24, 2017 at 8:56 AM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808843scaredyclassic
ParticipantToo Good to Be True? How State Charitable Tax Credits Could Increase Federal Funding for California
in California Policy Options (2013)UCLA School of Law, Law-Econ Research Paper No. 13-16
31 Pages
Posted: 18 Sep 2013Phillip C. Blackman
IndependentKirk J. Stark
University of California, Los Angeles (UCLA) – School of LawDate Written: September 17, 2013
Abstract
An IRS chief counsel memorandum published in 2010 found that a taxpayer was permitted to claim a charitable contribution deduction for the full amount of a gift, even thought a substantial portion of the gift was effectively refunded to the taxpayer through a charitable state tax credit. In this article, Blackman and Stark explain that the IRS memorandum permits states to adopt charitable tax credits that effectively enable taxpayers to convert state taxes to charitable gifts — a strategy that would be attractive to alternative minimum taxpayers. Those state charitable tax credits (some with extraordinarily high credit percentages) appear to be on the rise, perhaps in part because they effectively enable a transfer of revenue from the federal government to the states. The authors believe the memorandum should be repudiated (as a matter of appropriate federal tax policy), but if it is not, states should consider taking advantage of it. The article discusses how the strategy applies in the case of proposed California legislation that would permit a 60 percent tax credit for contributions to a state fund designed to increase financial support for low- and middle-income students to pursue secondary education.December 23, 2017 at 9:32 AM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808842scaredyclassic
Participant[quote=flu]Looks like some politicians have caught on…. We’ll see if it sticks next year.
De León, who also is running for U.S. Senate, said the state Senate is working with law professors at UCLA, UC Davis and the University of Chicago to develop the legislation.
Ideas being considered, according to a de León spokesman, include:
Reducing state personal income taxes through a tax credit program and offsetting that amount through payroll taxes.
Allowing individuals to make voluntary gifts to the state of California, which would be deductible as a charitable donation under federal law. The deduction for the donated amount would replace the state and local tax deduction.[/quote]funny stuff.
didnt trump say he knows best how to use tax system to his,advantage
December 20, 2017 at 10:22 AM in reply to: How does one start a petition drive for a CA state “tax reform” in lieu of SALT caps? #808808scaredyclassic
Participanti cant figure out if im going to pay more tax. we get hit pretty hard by AMT and the,sample calculators dont acct for that.
on the bright side, if this,depresses real estate prices, maybe my kud will be better able to buy.
scaredyclassic
Participant[quote=scaredyclassic]cant they just lower tuition to certain grad students to $1.00?
im pretty sure higher ed is smart enough to figure this shit out. theyve been scamming the gov 4 years, theyll work around it[/quote]
interesting analysis on this issue. gets complex…
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