Support for NJ minimum wage bill

Posted Leave a commentPosted in government, New Jersey, News and Politics, Small Business

I took time this morning to write to the nine members of the NJ Assembly Labor Committee plus our own two Assemblymen and a local Chamber of Commerce that opposes the minimum wage bill (A-15, Coughlin), right now. I hope that some of its small business member can see the light. I’ve personally been a […]

Why are so many paying higher income taxes this year?

Posted Leave a commentPosted in Financial Planning, News and Politics, Tax Planning

65% of taxpayers will pay less federal income tax in 2018. Only 6.5% will pay more (1). This isn’t news. We’ve known for months and had reliable sources of data to back this up. The problem is that many of the people in this 6.5% don’t seem to know. That means that they did they […]

The nation’s most shocking midterm election result: NJ2

Posted Leave a commentPosted in New Jersey, News and Politics, Off-Topic

I’m proud that our Money Island marina community has become a model of racial and cultural inclusion just a few miles from a south Jersey KKK stronghold. Yet tonight’s election result shows that we still have a long way to go before we stamp out discrimination from this community. The most shocking election result in […]

In support of NJ Senate Bill 2293 “Securing Our Children’s Future Bond Act”

Posted Leave a commentPosted in Leadership, New Jersey, News and Politics, parenting, Taxes

I read two social media editorials by taxpayers encouraging voters to vote against Senate Bill 2293 known as the “Securing Our Children’s Future Bond Act“. This blog post is an editorial in support of the bill. My argument is broken down into a brief listing of the facts followed by four points of personal opinion. […]

Tax Reform 2.0 update

Posted Leave a commentPosted in News and Politics, Taxes

This is a bullet point overview of the “Protecting Family and Small Business Tax Cuts Act of 2018” (HR 6760), the “Family Savings Act of 2018” (HR 6757) and the “American Innovation Act” (HR 6756), that are collectively referred to as “Tax Reform 2.0” as passed by the House of Representatives on September 27-28, 2018. […]

Fast Facts about the US economy

Posted Leave a commentPosted in Financial Planning, News and Politics, Taxes

A few rich politicians are touting the “miracle economy” and unfortunately this propaganda is effective in fooling some people. Here is the real story for average Americans: REAL EARNINGS ARE GOING DOWN FOR MOST PEOPLE. We earn less than we used to when measured as purchasing power. We’ve had the greatest drop in real wages […]

Downe Township government said to merge

Posted 1 CommentPosted in government, New Jersey, News and Politics

The fate of New Jersey’s most rural township remains uncertain. In 2005 I predicted that Downe Township NJ could be among the first indirect municipal casualties of sea level rise in the US . This was the forecast I made as part of a private client investment report based only on projected future municipal cash flow. It […]

10 reasons to not vote for Tony Novak

Posted Leave a commentPosted in New Jersey, News and Politics, nonprofit

This isn’t directly tax related but it might be critical to the planned local tax-free small business investment program. One of our angel investors wants me to run for local political office and might make his financial support dependent on it. With millions of public and private reinvestment on the line and local government facing […]

Boycott Sinclair in Pennsylvania

Posted Leave a commentPosted in News and Politics

The Sinclair broadcasting network has raised the nation’s awareness of the risk of centralized media control. Fortunately we have no Sinclair stations in New Jersey, Delaware or eastern Pennsylvania – all areas that are known for higher levels of education and independent thinking.  It would be more difficult for a manipulator to gain financial support […]

What Does the Omnibus Spending Law Mean to Me?

Posted Leave a commentPosted in Financial Planning, Financing, News and Politics

It is not possible to analyze a massive 2,232 page $1.3 Trillion dollar federal law within a matter of hours after its passage. (This is a terrible way to handle major legislation, but that shame on Ryan and crew is a whole different topic). Yet this new federal spending bill is likely to have more […]