Idiotic waste of municipal taxes
4 years ago
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- 4 years agolast modified: 4 years ago
- 4 years ago
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Comments (43)"Does it annoy those who don't have children to pay large school taxes?" Nope! People paid to put my kids through school, Actually, people paid to put ME through school! My kids are in private schools, so I'm paying to put them through (oops, no, forgot, this year DD is in public). But I have never minded the *concept* of paying for public education, bcs someone did it for me. Lots of someone's who had no children, even. And bcs as Steve & others point out, I benefit from a well-educated populace. In many ways. And I also live in NYC, where we waste--er, spend--$12,000 per pupil. THAT annoys me. I'm happy to pay--thrilled to pay, in fact. But I want the kids in my city to get a decent education, and I don't want to be fleeced. "Fire the administrators"--maybe (in NYC, it's "fire the janitors"). But a GOOD administrator will *make* a school. I know this, from having seen mediocre administrators, and mediocre and good bosses. The problem is, it's hard to find, and hard to BE, a good administrator....See Moretax exempt, low risk, no AMT investment
Comments (21)Good for you, Gibby, to allow yourself a little indulgence. You have attended to your security and seem to have a generous nature. What else is the money good for? And I agree with your lack of enthusiam for the financial services industry. I have worked with several different advisors over 25 years, staying with three to the bitter end (a relocation and two, count em, two corporate meltdowns and restructuring ended things.) IOW, it is not that I'm fickle; I'll stick. All were highly recommended, experienced and solid. And did seem genuinely sorry that somehow I kept managing to LOSE money as the stock market spiraled up. "This is so unusual..blah, blah, blah." Meanwhile over in the tax deferred accounts, that I managed over those same decades, we did very well in both good and bad markets. But hope springs eternal. In 2003 I was in a a similar situation to yours, and vetted a number of recommended advisors. The one affiliated with insurance said I neeeded more insurance (duh. I don't). The broker said I was overinsured and should look into these certain mutual funds (duh. all front loaded). And the fee-for-service guys couldn't really effectively address investing one piece of the pie without considering the whole pie, but would be MORE than happy to review everything for X thousand dollars and manage the works for X percent a year. Ugh. Frustrating waste of my time. I researched, made a clear plan and went with Vanguard. It has been fine. Fine enough that perhaps I'll take your lead and get neglected things done around this place!!...See MorePotential tax reduction opportunity for Canadians
Comments (3)If you'd like to see the overhead transpaencies that Dale Ennis, editor of "Canadian MoneySaver" magazine used at that meeting, go to www.canadianmoneysaver.ca and look for "Tips and Tools". There's a lot of other interesting stuff on their website, as well - some of it of interest only to Canadians. Plain paper, no slick stuff - mostly writing; no ads. Pictures of the guys who write the two - three page articles, and contact info at the end of their articles. They are good about answering questions related to those articles, which are often rather condensed to fully cover a substantial issue, if rather sketchily, on occasion. The mag is totally subscriber driven, as they carry no ads. Subscribers asked for seminars with the guys who write the articles - they've been happening for several years. Seminars in winter in warm climes, on cruise, etc. Subscribers meet in about 40 locations in Canada. Ours in London has been meeting for over 10 years, I've been attending for six or so. Usually about 20 attend the monthly two-hour meeting and one learns a good deal about various approaches to money management there - we have to defend our viewpoints, as well. Plus about half of us adjourn to a coffee shop for another hour: manager brought us over a plate of goodies, a few months ago. Cost: gas to get there (and some from nearby communities ride together). (But the coffee at the after-meeting is costly, though they have "loyalty" cards (they're not the biggest chain in the country, by far - Starbucks ain't, either). We usually have the first guy to arrive get a card, then get it stamped for other members' purchases, so often we accumulate nearly the ten needed to get a free coffee during one evening's business. I think the corporation would say that one can only accumulate the increments on one's own accont - but management doesn't appear to care (haven't shut us down, yet, anyway). Sorry - I forgot that this isn't the "frugal" forum! Hope you're all enjoying a great week. One of the great things about retirement - every day's holiday. As I used to say when I was a personal financial advisor - "If you give me 10% of your money - I'll have you retire early". Actually, that message gives a false impression: my main philosophy was that I wanted my clients to learn how to manage their own money more effectively. ole joyful...See MoreMunicipalities feeling the crunch
Comments (18)It shouldn't be more expensive,except for the fact the government can't implement the plans cost effectively...As i stated earlier, i can't speak for rural areas,but in areas in Northern Bergen County,why in the world does every municipality need at least 2 firehouses with all the latest and greatest? If my home burns 40% down with a local fire company responding, or 60% if the fire company is a tad further away,no big deal...Of course those who believe in home rule will tell you the more local fire dept may SAVE your life...scare tactics play a mjor role in this also.. Our police departments are now all tactical squads with high powered automatic weapons,body armor befitting those in Iraq, and in areas where the biggest crimes are shop lifting from the local grocery store,this is a BIG ripoff.. And don't get me started on the waste of school spending..My former district replaced ALL the computers in the k-5 school after 2 years!!!! They added classrooms in the anticipated needs of a wave of school age children about to enter the district,only to find the study MISCOUNTED the # of classrooms...Also the "wave" didn't materialize,after the budget was passed,of course......See More- 4 years agolast modified: 4 years ago
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