Tag Archives: taxes

What Annoys Jeff this Week?

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1. Tax reform. This country needs real reform of the tax code. Whether you fall into the “tax the rich in oblivion” camp or find yourself in the “Why the hell do 50% of Americans not pay a penny of income tax” team, the need for reform is the one thing we all seem to have in common. The terms of the current Republican tax plan are still largely shrouded in secrecy, but I’ve already seen two items kicked around that will be will mean I can’t support it as long as they’re in play. I’ll be writing my representative this weekend to let him know that the home mortgage deduction and state/local tax deduction are non-negotiable points for me. Those are two big pots of available cash and I know how tempting that must be for the average politician to put their filthy hands all over… but still, going after two of the most popular deductions around feels like just about the most tone deaf way to get the process started.

2. Temptation. There was beer at work today. Sort of. It was the start of this year’s Oktoberfest celebration – an event that my employer has a tremendous amount of love for, which I can only assume comes from the number of employees who have spent some part of their career in Germany since 1945. Look, if the option is to go sit around listening to oom-pah bands and knocking back cold beer or stay at my desk and pretend to be interested in email, well, there’s not really much of a competition. The problem comes when you’re a few drinks in and everyone is starting to get a little lubricated and entertaining. That’s when the little voice in my head trips an alarm to remind me that it’s probably time to go before I say something that’s both funny and true, but wholly unprofessional. The real temptation, though, was to stick around just out of curiosity to see what offensive or inappropriate sound bite might come flying out of my pie hole.

3. Jared Kushner. Having spent a good portion of 2016 being hot and bothered by Secretary Clinton and her email server, it’s only fair that I call out Jared Kushner in his capacity as Senior Advisor to the President. His use of private email to conduct official business should be investigated by Congress. His files and records should be subpoenaed. If there is evidence indicating he has broken the law, he should be charged criminally and tried. While I’m on the subject, I’ll remind those on the left screaming for Kushner’s head, that there is a world of difference between official email and classified message traffic. That being said, it’s apparently impossible to keep either one on non-government servers. Asshats.

What Annoys Jeff this Week?

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1. “Emergencies”. We’ve been over this before, but it bears repeating. The way people throw around the work “emergency” in the contemporary office is basically laughable. No one is bleeding. No one is about to start bleeding. The word you’re probably looking for most often is “embarrassing” as in you’re about to be embarrassed due to something you did, were supposed to do, forgot about doing. ​Alternately, you might be about to get blasted because of poor decision making skills. In any case, those things might represent a legitimate personal emergency to you, but to the rest of us it’s really just a shrug and a so what. Let’s try to leave the talk of “emergencies” to the times when there really are barbarians at the gate or brass hitting the floor, ok?

2. County taxes. The proposed Cecil County budget for FY18 includes increases in both the real property and income taxes. It’s made all the more noxious because it was proposed by a Republican county executive who ran less than a year ago on a platform of fiscal accountability and no tax increases. I know, lying politician isn’t exactly breaking news. Still, though, I’m left to wonder why at some point it isn’t perfectly acceptable to say that we have X number of dollars to spend against Y number of services and when there’s no additional revenue for new or existing services, some things need to be cut. The politicians first response is always to borrow or tax their way into all the revenue they need instead of being required to live by an actual budget in which they can’t always purchase all the goods and services they’d like to have. In the end the bastards always end up with their hand just a little deeper in our pocket. I suppose that’s just what you get when every level of government desperately wants to buy the love and affection of the voters and seeks ways to be all things to all people.

3. Keeping my head in the game. I’m probably expending at least as much energy just trying to keep my head in the game as I am actually doing any productive work. That doesn’t feel like something that’s going to be sustainable over the long term. It’s easier some days than others, but for the most part by the time mid-afternoon rolls around I’m dumping every bit of available effort into just staying awake and some delusory productive activities. Believe me when I tell you that you don’t want to read some of the written products that fly off my desk after 2PM. Unless I absolutely can’t avoid it, I hold them as drafts and then clean them up the next morning when I’m still relatively fresh. It’s a hell of a way to run a railroad.

What Annoys Jeff this Week?

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1. Mandatory attendance. If you want me as seat filler, just say so. Don’t pitch it as a great opportunity to hear some very important words if you’re just looking for asses in chairs. With more to do and fewer people to do it, spending two hours bored to tears hardly feels like the most efficacious use of limited resources, but I’m just a guy sitting here so what the hell do I know.

2. Stuff in my head. I’m feeling pretty good, especially considering how absolutely shitty I was feeling last week. I can’t seem to shake the giant wad of funk that’s taken root deep in my sinuses though. If I could get rid of the wondrous endlessly dripping nose and occasional hacking cough all would be pretty right with the world just now.

3. Paving. Roads need to get paved. It’s one of the few things I don’t mind paying taxes to fund. That being said, it would be awfully convenient if it could be scheduled in such a way as to not take place during peak traffic hours. Seems to me that there are large swaths of time in the middle of the night that would be useful for doing that kind of work that wouldn’t cause mayhem and chaos with everyone else’s schedule… but again, what the hell do I know about operations and logistics.

Too loud to think…

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Tonight I have absolutely nothing to offer the internet. Off and on through the course of the day I was treated to the shrill metallic whir of a power drill disassembling and reassembling cubicles. As it turns out that sound apparently trips some long-dormant switch in my brain that renders me incapable of any kind of rational thought. Seriously. That’s just barely an exaggeration. I don’t have a clue what I worked on today, who I talked to, or even much more beyond the fact that I was there for some period of time.

The whole experience is vaguely unsettling, but maybe even more so because the renovation project we’re “just going to work through” appears to be slated to last several months. By the time it wraps up, I’ll probably count myself fortunate if my brain isn’t quite literally dripping out my ear.

And please, for the love of all things good and holy don’t get me started on the sheer jackassery of “renovating” office space that’s just barely five years old. My inner taxpayer would dearly love for someone to explain why it’s a fiducially responsible idea.

With my pants on…

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Financial Advisor: You had a good tax shelter in the house you sold. You’ll be fine for 2014, but this year you need to buy a house and get married or the tax man is going to fuck you with your pants on in 2015.

Jeff: Well, at least one of those two things might happen… but could I just buy two houses instead?

The timeline I worked out in my head didn’t have me buying a house in 2015, but given the choice between that and the IRS getting to take me out for a ride, I think I’d better start getting things in order and see if I can rejigger the plan a bit. Buying a house is its own special brand of pain and agony, but re-inflating my debt bubble a few months ahead of schedule sounds infinitely less painful in the long run than taking a short trip down the aisle.

A taxing case of hypotheticals…

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I’ll be the first to admit that I’m a fan of tax-free shopping on the internet. Of course I know that theoretically I’m supposed to self-report and pay Maryland state sales taxes due on the items I purchase, but… Yeah. I’m going to invoke the 5th Amendment and not discuss the particulars of what I may or may not do.

As a Republican, I should probably be up in arms about this “new” tax, but as a Constitutionalist, it’s pretty well established (i.e. expressly written) that the Congress has every right to fiddle with interstate commerce as it sees fit. As much as I wish it otherwise, my reading of the tea leaves is that the collection of state income taxes by internet retailers is going to become a fact of life sooner rather than later. Do I like it? No, of course not. Am I going to gird myself for battle against it? No, not so much. I’ve got limited brain power and limited time to dedicate to causes and this isn’t going to become part of the long list of the windmills I enjoy tilting at from time to time.

If I were a good patriot who disagrees with state and federal tax policy, I’d hypothetically vote with my dollars – and have as many hypothetical major purchases as possible shipped for in store pickup in Delaware, where at least for the time being can hypothetically continue to avoid onerous state sales taxes and excessive commercial regulation. Of course if I were really to take by business out of state, I’d obviously file the appropriate quarterly tax forms with the Comptroller of Maryland in accordance with whatever batshit crazy laws the legislature has passed.

What Annoys Jeff this Week?

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1. The IRS. So apparently no one told the IRS that it’s tax season. I mean that’s all I can assume since they haven’t bothered to publish the form you need to fill out if you’re depreciating rental property. If they’re going to set April 14th as the arbitrary annual celebration of screwing the taxpayer with his pants on, the least they can do is make sure to give you all the proper forms so your paperwork can be in order when they do it. I want my money. Asshats.

2. The men and women of the United States Congress. While our friends in Congress have been enjoying their week long sabbatical for Washington’s Birthday, the two million odd federal employees that aren’t Members, have only gotten a week closer to their furlough notice. The difference, of course, being that the Members were paid for their time back in the home district, where as the poor schlubs who decided federal work as a good idea will be going home without pay once a week for the next six months. You’ve got to love a group of people delusional enough to say that taking a pay cut themselves would diminish the dignity of their office while simultaneously telling the people working for them to take a 20% cut and thank them for the opportunity. Since I want to hang on to my soon to be part-time job for a while longer, I’ll refrain from saying how I’d really like to resolve this fiasco.

3. Editing. I love writing. Editing, the handmaiden of writing, is an evil soulless bitch from which there is no hope of escape. In that moment of ecstasy when you think you’ve written something really, really well, Editing shows up and reminds you with swift fury that no, no you didn’t and that it’s time to get back in your hole and write some more… except this time pay attention to grammar, punctuation, style, and usage.

The abyss…

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With 24 days left for POTUS and the collective membership United States Congress to start acting like statesmen instead of maladjusted teenagers, it seems like as good a time as any to ponder what falling off the edge of the fiscal cliff might actually look like. Spending would continue to increase more or less unchecked. Taxes would increase across the board. The national credit rating would plummet. The defense budget would get gutted right along with a host of domestic programs that up until now were considered too important to do without. Those are some of the big ticket, first order effects. I’m not sure I even want to speculate about what the 3rd and 4th order effects would entail. I’m not confident that any economist in the country legitimately knows what the end result of fiscal cliff diving would be. Most seem to agree, though, that it would result in a situation that is less than good.

Thoughtful people can honestly disagree about good policy and the right course of action, but intuitively I can’t believe that higher taxes are the solution. Because I’m OCD about certain things, I have a spreadsheet that keeps track of my income, taxes, and other deductions going back a decade. Without getting into detail, trust me when I tell you that Caesar is getting his fair share from me. The Imperial Governor of Maryland is getting his pound of flesh too, even though he insists that I’m rich and should be happy to pay even more. St. Mary’s County, the City of Memphis, and Shelby County are all still getting a nice healthy check every year. Every time I turn around, it seems some taxing authority is digging their hand just a little deeper into my pocket… and if I don’t smile and thank them for it, I’m labeled a racist, a bad citizen, greedy, or heartless. Occasionally, I’ve been called all of them at once.

Like it or not, believe it or not, it’s going to be people like me (and most of you reading this), who end up paying the bill because our elected leaders want to play chicken with a trillion dollar economy. No matter what they tell you now, it’s our taxes – local, state, and federal –are going to go up. We’re the ones who are going to lose our jobs, some for the second and third time in a decade. We’re the ones who should be most outraged by the personal damage being inflicted on us and the inestimable damage being inflicted on the country… but hey, it’s Christmas time, and we wouldn’t want to let a calamity of historic proportions get in the way of our national shopping spree.

If we get to the 1st of the year and don’t see fewer dollars in our paychecks, if we don’t see massive cuts to important programs, if we don’t see an economy tipped back into the abyss, I’ll happily apologize and publicly eat my words right here in my own house. I’m just a guy sitting here paying attention and I hope beyond hope that I’m reading the tealeaves wrong… but I don’t think I am. And I think the worst is yet to come.

From the Mailbag: On Wisconsin

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The Question: What are your thoughts on the recall election in Wisconsin?

The Answer: As a rule, I’m not a fan of recall elections. Every four years we go to a lot of time, expense, and trouble of electing our state governors. Thanks to a spastic media and more political blogs than anyone could ever possible read, we pretty much know what we’re going to get in a candidate. If someone, like Scott Walker campaigns on a platform of lowering the cost of state government, reducing its size, and decreasing the influence of public sector unions, well, it stands to reason that he’s going to at least try to do some of those things when he gets elected. Trying to recall the guy for doing something that you don’t like smacks of childish tantrum-throwing, especially when you’re going to have a regularly scheduled opportunity to throw the bum out in two years.

I don’t have any great love for public sector unions. As a teacher I was forced to be a dues paying member of one as a condition of employment. Even now, I’m nominally “represented” by a union, though it lacks the ability to negotiate pay or really do much of any substance. At least I don’t have to pay for the privilege this time around. As a public sector employee, I’d be up in arms too if the powers that be unilaterally decided to slash my pay, cut my benefits, or otherwise endanger my livelihood. Given the state of the federal budget for the foreseeable future, it’s an issue I’ve actually give a lot of thought to lately. After two years of a pay freeze, and a massive impending cut to my department’s budget next year, it’s not all that hard to see myself screaming bloody murder from the atop the barricades. Even so, I think history has proven recall elections to be little more than an enormous waste of money for everyone involved.

It’s a bad time to be a government employee at any level – local, state, or federal. Budgets are going to continue to diminish, services are going to be reduced, and the number of employees is going to decrease. The public is pissed at the politicians and the only group the politicians can kick with impunity are the rank and file government employees. From the tealeaves I’m reading, I get the sense that times are going to look a lot bleaker before they even think about getting better. Even so, I think there are more productive uses of my time and effort that playing the recall game. I’d find it much more satisfying to see someone’s reelection campaign go down in flames head to head against a candidate I support. I’ve always felt it was better to vote for something I believe it rather than just voting against someone I don’t like.

Tax refund and spend…

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The problem with tax refunds is they take all year to accru and a grand total of 96 hours to spend. I’ve got to admit that I was a bit overzealous at paying off a few move related bills that had been hanging out there for a while, and added a few new pieces of kit to my electronics and accessories collection, but still, it feels like it should have lasted longer than it did. There’s exactly $500 left over earmarked to bail my truck out of the body shop on Friday, but other than that, we’re back to the regular monthly budget. I seem to vaguely remember when my tax refund was considered “fun” money. Maybe I just imagined that, though.

I think one of the most unpleasant aspects of being an adult that no one bother to warn you about when you were a kid is that the sums of money that seemed mind boggling and unattainable when you got your first job flipping burgers will very quickly become just what it takes to get by and maybe stash a bit aside for the future. My definition or “rich” and “making good money” have certainly changed in the last fifteen years, regardless of what the Governor of Maryland wants me to believe. I know paying the bills is the “right” thing to do, but damn, there just isn’t much fun in it.