Taxes… Late Again!

Well, it is that time of year again and as has unfortunately become an annual tradition we have filed an extension on our taxes. I was really hoping to get them done on time this year and had even lined up a new accountant but, with everything that has transpired over the last few months, it just wasn’t going to happen before the deadline. While I have much of the material and receipts set aside for this endeavor, I still need to print out a swath of statements and organize the mountain into the different deduction categories. It is definitely an undertaking that I am still not looking forward to.

The real issue that I am finding now is in the upcoming schedule that doesn’t seem to have too many free moments available to get the work done. Well, at least the next couple of months as the summer should provide enough time to pull everything together. This is a real issue, on the one hand I don’t want to spend the hours preparing the paperwork while on the other I really don’t want to give the government more money than I have to give them. After all, we are the ones that had to work for the money.

However, this rather large dilemma is actually proving to be a good thing as it is forcing me to take the tax proposals on the table by the various presidential candidates into more serious consideration. Essentially, this eliminates those whom I have already seen as a detriment namely both Democrat candidates. Basically, I have to look at what kind of financial position I will find myself in should Trump, Cruz, or Kasich take office. Well, at least what is being proposed… I won’t fully believe any of the ‘plans’ until they are implemented. And, let’s be honest, Kasich is done so I am going to focus on Trump and Cruz.

Simply put, you can go with an overhauled 10% flat tax as proposed by Cruz or a simplified graduated tax rate starting with those earning more than $25,000 ($50,000 for married couple filing jointly). For one, a flat tax is something that is manageable across the board and eliminates much of the overhead associated with the tax system (i.e. it would cut government spending) while a revised system would reduce the tax revenue while doing nothing to reduce the burden of associated overhead. Contrary to what many would want you to believe, the flat tax is sustainable and a sensible approach. Plus, I really don’t have a lot of confidence in someone proposing a tax structure when they themselves have spent years paying as little as possible while declaring bankruptcy many times over.

So, in the end, my support of Senator Cruz has been reaffirmed. It has been a long road getting here (he is the third candidate that I have decided to back) but we are now at the point when he is the one candidate that makes sense to me. Additionally, I like his decision to name a running mate in Carly Fiorina who brings a more moderate voice to the ticket as well as a long track record of executive business experience. Now all we can do is wait and see how the remaining primaries play out and what kind of contest we have during the national convention. It will certainly be interesting.

House Mail

Over the last few days my wife and I have received a few letters in the mail regarding our house... another couple of firsts… which were equally good and bad. The first letter that we received was something that we knew was going to show up eventually and we weren’t looking forward to it… our property tax bill. It is almost like being lulled into a false sense of relief when looking at this total with the knowledge of what our total annual taxes are on the property. This was obviously the first and much smaller bill… the school tax bill will arrive this summer.

Having paid our taxes up front at settlement… actually, our mortgage includes the funds being held in escrow that we need for our annual taxes… I scanned and sent the invoice off to the bank. While it means a pretty significant increase in your monthly mortgage payment I do recommend having the bank hold these tax related funds in escrow as the last thing that I wanted to pay this past month was a rather substantial property tax bill. It was reassuring to see this invoice taken care of without a big hit to our account and without any impact on the amount we still owe the bank.

Another piece of mail that I scanned and sent to the bank was our official approval for our Homestead Exclusion. Essentially, since we own this property which serves as our primary home, we are entitled to a slight reduction in our school taxes. And when I say slight I mean very, very small. But, at the end of the year, whatever that amount may be, it is still money that stays in our account. Given the size of the invoice that we are bound to receive, about 2-3 times more than the initial bill from the township, it will be nice to be able to hold on to a few extra dollars.

I guess you could say that these are a few of the unpleasant first time experiences as new homeowners but, in the end, we wouldn’t change a thing. There are some ‘negative’ things about ownership and the responsibilities that we now have as partners in this endeavor but, in the end, they are minor in comparison to the benefits and security that we now have in our home. We know where we are going to be for the long term. We know where our son is going to grow up. We own our home and we have land that we are free to enjoy (after taxes).

Stacking Meetings

This is what needs to be done every night I go to the lodge...

At the last stated meeting I made arrangements with the new Treasurer that we would meet every third Tuesday of the month. It is a schedule that works out for both of us as I am usually able to make it to lodge on those days and he has greater flexibility during the second half of the month. So, being that yesterday was the third Tuesday, we were both there to have our monthly discussion. However, that was only one of the meetings that I scheduled.

Before any of the other brothers arrived in Ardmore, I met with a new CPA who is also a brother of the lodge and was recommended by another brother with whom I have conducted some personal business. Frankly, I have become fed up with the previous CPA firm that we have been using as their prices are astronomical and there is no regularity from year to year. Basically, I have no idea who will be preparing our taxes. The connection we once had with the firm is long gone and the time for change is long overdue.

As expected, the meeting went very well and I am happy to hand off our taxes this spring to someone I can trust. Of course, by the time we were wrapping up our conversation, there were a few others that had arrived and just as we were about to part ways my next meeting quickly started. Having gone through the requests for information that the lodge has received recently, I scheduled some time to meet with another prospective candidate (I was originally going to meet with two prospects but there was some unavoidable family matter that came up with one of them). I prefer meeting in person and actually having a conversation rather than relying on email or phone conversations.

He may have been the youngest prospect that I have corresponded with so far but he was actually very well informed and we were able to answer many of the initial questions that he had for us about the lodge in particular and Freemasonry in general. Honestly, I am just glad that I was able to answer his questions as, despite recent interest, I have been a little rusty in handing such questions. In the end, honesty never gets old, and that is how I respond to queries that I receive. After the great introductory meeting, I gave him a quick tour of the building, and we parted ways with a plan on meeting again for dinner before the March stated meeting.

By this time the evening was already getting a bit long and it was time to sit down with the Treasurer, and a past Treasurer, to review the books. This is an ongoing issue lately as we want to make sure everything is in line for the current year especially with the audit deadline rapidly approaching. There was some clear progress that has been made and, after our most recent meeting, I am both thankful for all the help that we are receiving and confident that everything will be ready for submission by the end of next month.

By the time that we were all walking back to our cars I was exhausted but also satisfied with the work that I was able to get done both during the day and while at the lodge. We have a great group of brothers that come out on Tuesday nights and there is a lot that is being accomplished during these meetings. Now more than ever, I am looking forward to the progress that will have achieved by the end of the year and the positive changes that will have taken place (more than what already has transpired). Until then, we just have to keep getting our work done.

Six Months Later… Taxes

We were a little busy earlier in the year and while it has been a long time coming and many hours sitting at my desk, our taxes are finally done! It should be no surprise that after having printed out all our statements and highlighting our expenses I ended up with a packed well over a hundred pages thick. Not the biggest and not the smallest pile that we have handed off to our accountant. Of course, unlike last year, I did pull aside most of the 2015 documents needed for April… maybe next year we can simply file our taxes rather than an extension.

However, while I am hopeful for a small refund (even with this administration), it is little relief considering the bill that we will have to pay for having our taxes prepared. It is a flat rate but a rather steep one and it will take a pretty hefty sum to balance out that particular expenditure. By the time all is said and done, like every other year, I really have to take a closer look at the proposals for a simplified tax code rather than the hieroglyphics currently in use.

I believe this is a great time to start reaching out to the brethren and finding someone with whom I can trust our financial information. The place that we currently use definitely served its purpose for a while but the friend of the family that once handled our returns has long since retired and we have been passed around annually since then. They are strictly a service firm at this point rather than a place where there is a personal connection… time to move on.

It really is amazing when you think back on how long it takes to pull everything together especially when it is done in one shot rather than slowly over the course of the year. Well, it is a long process for me as I prefer to itemize all of our expenses especially the outrageous amount of medical expenses for which we are now responsible… thanks Obamacare! We could just file a simple return but why simply surrender part the money we earned over the past year? After all, the government didn’t temp for me during the year to take the day off so why should I pay them more?

In the end, the most important thing for us, especially now, is that this can now be marked as complete and we can devote our focus on many more important things in our life… especially the little stinky one. It is just annoying when tasks such as this occupy so much of my time, time that can be better spent elsewhere. Hopefully this is something I can avoid next year now that I have all the supporting documents up to date and an office is some kind of order even though it may not fit the definition of being organized.   

Pulling Papers Together

 

When my wife and I decided to resume our house hunt this summer I knew that, at some point, I was going to have to spend a fairly significant amount of time in my office pulling all the documents together needed to apply for a mortgage. While the prequalification process was relatively painless and pretty straightforward the subsequent list of items needed seemed a little daunting when I first read through them in my email. There was nothing out of the ordinary and it could have been really quick had I been up to date with all my filing and organization but that certainly was not the case.

Following my conversation with the bank to get prequalified, I received the following list of items needed for underwriting:

1.)    Copies of drivers licenses and copy of a credit card (for ID purposes)

2.)    Copies of W2s from 2013 and 2014

3.)    Copies of full federal tax returns (form 1040) from 2013 and 2014

4.)    Copies of pay stubs from the most recent 30 days – (last 2 pay stubs if you are paid bi-weekly)

5.)    Copies of bank/investment account statement covering the most recent 2 months (most recent quarter for quarterly statement) – please include every page of the statement even if it is blank

6.)    Copy of fully executed agreement of sale (when available)

7.)    Copy of will and death decree to document inheritance

Again, not a problem if everything were neatly filed away and labeled. It took some time and a lot of patience but I was finally able to get everything ready to go. It was a time consuming process and one that could have probably been put off for a while but I wanted to be able to get things moving rather quickly as soon as we found our home.  

Of course, while pulling all of these items together I could help but think to myself that I should probably just put aside all the items I need to finally file our taxes this fall. There is a heck of a lot of overlap in the two lists and this mortgage process would be the perfect impetus for starting that tax file. And I do mean start as our taxes are an annual pain in the rear consisting of hundreds of pages of supporting documentation for the purpose of itemizing all our deductions. The mortgage underwriting documents are done but the tax documents still have a long way to go. Thankfully, I have a really comfortable office chair and my files are now in better change then they have been in months. I just hope I don’t have to break out the check book again!

Where Did All Of Our Money Go?

Every couple of weeks I look at my pay stub and go through the growing list of deductions from my pay… taxes, 401K, and healthcare. Taxes have always been relatively consistent (too high and annoying but consistent), the 401K contribution is something that I set (this I hope to increase in the future), and the healthcare costs have gone up over time according to how many people are covered under my plan which now covers my whole family. However, it is this last significant deduction from my pay that is really annoying. Not because of the direct costs outlined in the deduction but because of the high costs that my wife and I have encountered recently.

For years, every month we have encountered a co-pay in one form or another, office or pharmacy, that is in addition to the insurance premium that we have already paid for that month. Over the past year, those required payments have become more frequently as we have had more doctor visits and prescriptions that needed to be filled. However, these last few months have been atrocious and it really makes you wonder where the money is going. Since our son was born, we have sent out checks for approximately $2500 just to cover the astronomical co-pays. I have seen enough doctors during my life that I have gotten used to the various expenses associated with healthcare but this is simply ridiculous.

I can hear some of you now saying this is why we need Obamacare. Well, in my experience, that is a load of crap! While the delusional utopian concept is intriguing to many it is not something that fits into the confines of reality. This is why we have seen those premiums increase faster since the bill was signed than at any other point in history. Additionally, due to the ridiculous requirements therein, not only have the premiums gone up but the co-pays have seen a sharp increase as well.

Of course, there is also the basic employment fallout. I know for a fact that many employers have set limits on hours simply to avoid having to offer healthcare benefits. Frankly, I have no problem with employers not offering benefits to full time employees so long as said employees understand that they will not be offered. So, instead of someone getting paid for 35-40 hours per week, they are limited to 29.5 hours per week. In the end, they still aren’t getting benefits and now have less money in their pockets.

Furthermore, there are some benefits that were being offered to those who worked 30 or more hours per week. A perfect example that I have seen is that of extended leave. However, because hours are now eliminated that benefit disappears as well. So not only are you getting paid less at the end of the week but you are also losing some of the benefits that you once had. An when you go back to the original gripe in this post, you are also going to pay more for insurance and more in co-pays. You couldn’t afford to get sick before and you still can’t afford it now. Thanks Obamacare!

Maybe we should focus on making sure people can have jobs where they can work full time hours. Maybe we should stop regulating and forcing coverage on people and stop strong arming companies to cover employees. Maybe we should address the high premiums and co-pays that have become the accepted norm in this country. Maybe we should provide a true freedom to choose to have coverage and what coverage to have, whether someone is willing to take a job without healthcare benefits, and whether an employer offers healthcare benefits. Maybe this is the change that we really need!

Taxes Done?

The past couple of years have made me dread this particular day on the calendar. Having received hefty bills from the federal government and not enough funds to cover the costs, we have filed extensions. Seems like this is the time of year when everyone does some spring cleaning especially the government which likes to clean out your bank account. This year, we have the funds to pay what I am certain will be a ridiculous amount but don’t have the time to pull everything together. The extension streak is alive and now in its third year.

We were actually keeping things organized for much of 2014. This was in large part due to having to pull together all the documents in early fall before that extension ended. It was rather easy to put some of those items aside in a folder designated for the current year. Yep, things were pretty organized by the time December came around.

It really is amazing how cluttered things can get when you move from one place to another. Not the space in which we were living but in the individual boxes where all of our papers and documents were relegated. All of the organized folders seem to blend together in a pile of muddled ink... this reminds me, we have to set aside those receipts from the move. This is only accentuated by the fact that all of the tax forms arrived the following month so now what was once consolidated into one place is now in a few places waiting to be collected again.

Normally it wouldn’t be a problem pulling things together as in the past I have had time to do it. And that is the key. February and March were, to say the least, busy months. With all the hours that I have put in at the office and doing my best to protect the time that I have with my son, there are few minutes remaining during the day when I can take care of all these other projects that keep building up. Time is not being kind at the moment.

It doesn’t help that the days seem to be evaporating before us. Just as we get ready to plan for one thing or another, the pages of the calendar have turned and the time we once had was gone. Other things seem to pop up now and again as well chipping away at the days when we thought we would have a chance to catch our breath. But, as we have done many times over, we will find the time to get the taxes done and hold our breath waiting to hear the final total… hopefully the news will allow us to breathe afterward.

A Tale Of Two Speeches

There were two speeches given today that were of personal interest to me as both a Pennsylvanian and an Israeli. The local and international mix that I heard today was an interesting mix of “what are you thinking” and “what are we thinking”. As Pennsylvania Governor Tom Wolf (in sheep’s clothing) took to the podium in Harrisburg I prepared for the former and as Israeli Prime Minister Benjamin Netanyahu approached the podium in Congress I couldn’t help but consider the latter. In both instances I was left with the feeling that there are too many people in this world and in politics in particular that are completely out to lunch. But let’s take one speech at a time…

Wolf’s address to the commonwealth was to explain the reasoning behind his 2015 budget. Specifically he stated that the budget would achieve the following:

It is a budget that reflects my conversations with many of you here today.

It includes democratic ideas, republican ideas, and ideas that exist beyond party lines.

It is rooted in the values of fairness, inclusion, and common sense.

It is a balanced budget, and it eliminates our $2.3 billion deficit.

However, his ‘rescuing’ of the middle class is not what it seems on the surface. While he is supposedly proposing a decrease in the state income and real estate taxes as well as the corporate tax rate, he is also looking to raise the sales tax, pull $1 billion from the burgeoning natural gas industry, and increase educational funding in the commonwealth from 35 to 50%. The last might be the most crippling to his theoretical ‘balanced budget’ in that the system is broken. We need to put the system in dry dock and find the cracks, holes, and weak points rather than buying more duct tape and hoping we stay afloat. While all this is supposedly going to save the average tax payer over $1000 per year I am betting that the opposite will be true (if we are lucky).

As much as Wolf’s declarations annoyed me, Netanyahu’s assertions inspired me. In the face of a hostile political play which has been in production for weeks, the Prime Minister took center stage and said what many of us were thinking… the President’s policy, his deal, is misguided and dangerous. While this excerpt from his speech doesn’t address the nuclear development in Iran, it does speak to the heart of the matter:

America's founding document promises life, liberty and the pursuit of happiness. Iran's founding document pledges death, tyranny, and the pursuit of jihad. And as states are collapsing across the Middle East, Iran is charging into the void to do just that.

Iran's goons in Gaza, its lackeys in Lebanon, its revolutionary guards on the Golan Heights are clutching Israel with three tentacles of terror. Backed by Iran, Assad is slaughtering Syrians. Back by Iran, Shiite militias are rampaging through Iraq. Back by Iran, Houthis are seizing control of Yemen, threatening the strategic straits at the mouth of the Red Sea. Along with the Straits of Hormuz, that would give Iran a second choke-point on the world's oil supply.

Just last week, near Hormuz, Iran carried out a military exercise blowing up a mock U.S. aircraft carrier. That's just last week, while they're having nuclear talks with the United States. But unfortunately, for the last 36 years, Iran's attacks against the United States have been anything but mock. And the targets have been all too real. 

Those who have opposed this speech and have questioned the opposition to Obama’s deal should take note of those two paragraphs. Iran is a threat to my people, Israelis and Americans alike, and we should recognize that reality rather than allowing a rogue regime continue to run rampant throughout the region. Such situations, when left unchecked or addressed without a firm resolve, can have a dire impact on the world not just the countries and people surrounding them. We should stand with our only true democratic ally in the region and prevent the terror from overtaking the world.

Double D’Oh!

On my way to the office on Tuesday morning the radio was full of both local and national discussions as we would see a new Governor take office in Pennsylvania around lunch time and the President was set to address the nation in his State of the Union speech in the evening. It should be no surprise to anyone who reads this blog that I wasn’t looking forward to either of these speeches. Two meals ruined by the double d’oh!

The morning flew by as I as jumping from project to project trying to make sure things were lined up for what was going to be a scattered afternoon. As I walked out of my office to head to a meeting Tom Wolf (in sheep’s clothing) was being sworn in as the 47^th Governor of the Commonwealth. While his speech was innocuous there are too many questions still unanswered stemming from his previously stated views from the campaign. While by no means all encompassing, this was pointed out later in the evening by 6 ABC (a local Philadelphia news station) when they reported the following:

“Wolf outlined his goals in positive, general terms - creating good-paying jobs, equalizing educational opportunity in public schools and providing "a government that works." He did not mention a projected $2 billion-plus revenue gap for the fiscal year that starts July 1 or his proposals that include levying a new tax on the natural gas industry, overhauling the state income tax and increasing public school funding.”

Basically we are all just waiting for the state and local taxes to go up along with the federal taxes that are certain to be on the rise as well. Having a greater chunk taken out of our pay is a near certainty heading into the final two years of the Obama administration. Some will say that it will only be imposed on the top 1% but those are not the ones that are going to feel it. Trickle down taxation is something that is not discussed as much as it should be but simply put the ripple from top to bottom is certain and, in the end, we are all going to have lighter wallets.

By the way, Business Insider has a great state by state chart of how much you would have to make to be considered part of the 1%. The Atlantic has another chart that breaks it down by age. While still high compared to what many of us take home each year, it is takes far less than a million dollar annually to be considered part of the 1%. In fact, when you think about it, nearly every politician that you vote for would fall into this top echelon.

However, what really struck me about the evening speech by the President is the combative tone which he used throughout the night including the record threat to veto four separate initiatives expected to be passed by Congress. This is particularly striking when paired with his other pleas for understanding and cooperation. With an economy that is still lagging and national security in question, might we consider the fact that there are other ways to go about doing business. Of course that wouldn’t work. Instead we are going to keep paying more and more money to support failed and flawed policies because the best way to fix a problem is to throw money at it and the best way to get people to accept something is to give it to them for free (you just get taxed for shipping, handling, and processing). The state of disillusion is strong indeed!

Unhealthy Political Practices

Obamacare has a new poster child... Jonathan Gruber!

It seemed appropriate to follow up my post yesterday with this one. One of the big national stories that finally made its way around the media was the comments made by one of the “Obamacare architects” regarding the construction and passage of this useless piece of legislation. Note that the ‘main stream media’ was much later in picking this up than the “conservative” outlets.

On numerous occasions, Jonathan Gruber has spoken at great length to the deception that was built into the ‘Affordable’ Care Act. He also specifically noted that much of the strategy that was required to gain support for the bill required the left to leverage the stupidity of the American people. As was reported in Politico: “In the three videos that surfaced in the last few days, Gruber says parts of the law, including its insurance subsidies and so-called Cadillac tax on expensive plans, wouldn’t have passed back in 2009-10 if voters weren’t “stupid.””

While few have denied that Gruber was an economic consultant on the bill, there has been frequent and repeated efforts to backpedal and characterize Gruber as someone with limited influence on the legislation. However, this ignores the gross misconduct at hand. While we don’t know how much influence he had on the polishing of the turd, he was at the very least in the room and was privy to the construction thereof. He knew of the shell game that was being perpetuated and this is where his comments come into play.

Equally disturbing are the outright lies that have been told to the media this week specifically those from House Minority Leader Nancy Pelosi who is quoted as saying “I don’t know who he is… He didn’t help write our bill.” She made this adamant statement despite the fact that she has referred to his work in the past. Of course, what do you expect from someone whose infamous pitch when pushing the bill was “But we have to pass the bill so you can find out what is in it, away from the fog of the controversy.”

In addition to the lies, misrepresentations, and insults that have surfaced lately (although many of us knew that they were there all along) we now find ourselves at a point in time when healthcare premiums have gone through the roof, few new people have been insured, and financial limits have been placed on hourly workers who cannot go over 30 hours per week. We are getting taxes taken out of each paycheck to cover the program, we are required to take on benefits in our plans that we don’t want or need, and the total cost of the legislative cluster is far beyond any of the projections used to pass the law. Now I am ready to say to all those who questioned my opposition to this bill, I told you so!

Feeding The Animal House

The only day that is dreaded more than April 15^th is October 15^th. This is the last chance day for those of us that, for one reason or another, were unable to file our taxes in the spring. This is the day that we have been hoping that would, somehow, never come or that the calendar would just simply skip a day. And for some of us it is not just a day of inconvenience, it is a day when we take on an additional financial burden (some greater than others).  

Every day that passes and every hour I sit at my desk, I know that I will never receive my full salary for that day. It is the price we are forced to pay, and pay, and pay again in the seemingly infinite deductions that are pried from our pockets to fund things that we would never support on our own. Don’t get me wrong, there are many things that we must contribute something to, but there are many, many things that we should not be forced to pay.

This happens each and every day as we watch about a quarter of our salary evaporate (for some it is a much higher percentage). However, it doesn't end there as when we finally get that money in our pocket it continues to be chipped away throughout the day as we are forced to pay more taxes… service, sales, gas, real estate, etc. Given all of these tax attacks, it is safe to say that the average person loses about 40-50% of their pay just to taxes. The remainder, of course, has to cover all the costs of living including the bloated Obamacare costs that have recently latched on to our wallets.

If we see a few extra dollars in our bank account at the end of the year we feel as though we might have won that round. However, the government has one final punch to throw to see if it can take us down. While many take it on the chin and get it over with as soon as possible but there are a few of us that duck and weave until we can no longer put it off. For most, more than anyone would care to admit, this final poaching is what takes us down and determines our losses for the year. This is where we find ourselves now… trying to get up before the referee counts to 10. Next year, another round, and more money being sent to the animal house to never be heard from again!

The Education Question In Pennsylvania

Last week I saw two completely separate items in my email arrive in my inbox almost at the same time. While unrelated, they played off of one another in a rather interesting way. The first email was one of many from WalletHub about their most recent national ranking. The subject this time was “The Best and Worst States for Teachers” which immediately had me wondering, based on much of the biased media coverage I have been reading for months, how low Pennsylvania would rank on this list.

To my surprise, they ranked Pennsylvania at #2 based on a variety of variables such as salary, employment opportunity, quality of schools, ratios, and spending per student. The facts supported what I have been saying all along that education in the Commonwealth is not in the sorry state that the Democratic Party would have you believe. This leads me to the other email that arrived just moments later.

The debate the previous night between Governor Corbett and Tom Wolf (in sheep’s clothing) was full of the faulty statistics that have been bandied about in many of the attack ads by the desperate challenger. No one can argue that the education system in the commonwealth needs to be fixed but funding is something that is not lacking and more money is not the solution to those problems. Four things are slowly crippling the education system especially in areas still considered to be economically depressed: unrealistic educational expectations, wasteful spending, an unsustainable pension system, and the financial black hole known as common core.

Also playing a supporting role in the current situation is the evaporating federal funding so heavily relied upon by the previous administration. Even if you only focus on the stimulus numbers, Wolf’s claims don’t hold up. Even the local media has picked up on this fact as was reported on philly.com, “If the federal stimulus money is not counted, it is true: Corbett has increased the state's annual funding for basic education - to $5.5 billion in 2013-14…”

As was reported in another article, “how you count pensions, charter reimbursement and federal stimulus money makes a big difference.” What it comes down to is that you can’t believe the BS that is floating through the radio of teachers complaining about no toilet paper in the schools and blaming the Governor for it. The money is there, more money than ever before, but little is left once the nearly billion and a half pension system takes a chunk, administrative and school inefficiencies chip away a few more dollars, common core requirements suck the marrow out of the funding, and dollars are wasted on thinking all students are the same and all students need to go into higher education.

Unfortunately, the billion dollar illusion still seems to work in the public and in the media despite the curtain having been pulled back and the mirrors broken. People and school districts these days pretty much have the same mentality in that they don’t want to take responsibility for their own shortcomings. So, instead of staying on course and slowly increasing spending at a reasonable rate while trying to make the changes necessary for educational growth and success in the commonwealth, we face the very real possibility of higher income, sales, and real estate taxes under a new administration that will piss away the money that we are forced to give them (regardless of your income). Of course, you can prevent that from happening come November.   

The Extras Are What Get You…

As you know, my days are full of work and other activities which translates to more work. With this schedule occupying most days of the week, sometimes the smallest addition can throw the entire calendar off kilter. What’s worse is when other things are put on my schedule that require me to either work from home or take the day off.

Lately, as you have read, much of this has been caused by issues in the apartment and the attempted wrangling of management and maintenance. While I am not the one that has had to actually fix the problem it has been a constant time suck over the past two and a half weeks with 5 minutes here and 20 minutes there. This of course is on top of the fact that it has put my wife and me in less than pleasant moods.

While it may seem like an odd time of year, taxes are also messing with the little time I have to relax as I have to submit local, state, and federal tax forms all stemming from the work that I do at the lodge. Keep in mind that the forms are not by choice but rather the quarterly schedule is required by each. Can’t wait until the end of the year when there is an additional stack of forms that needs to be filled out. Yay!

However, next week will be the biggest waste of time for the year as I must report for jury duty. Yes, I am most likely have to burn one of my vacation days driving to the court house in Norristown and sit in a room until they realize that they really don’t want me on a jury. This is after burning a little pocket of productive time filling out the questionnaire online this week.

Of course, the last gripe may be moot as I was honest in my responses on said questionnaire and unless their objective is to specifically waste my time and their own I should be dismissed rather quickly and that is if I have to show up at all. I really don’t want to burn a vacation day for this crap! But, for now, next week has a big steaming pile filling up my Thursday and all I can hope for is that the apartment will be done by then so that I am not returning to a three week cluster. One can only hope.

Split Decision Fallout

"Frankly, I don’t just want businesses to stay out of the bedroom, I want the government out of the bedroom too."

It has been rather interesting today watching, reading, and listening to the debate following the decision of the Supreme Court in favor of Hobby Lobby. So, what happened? Under Obamacare, companies that pay for insurance for their workers (and decide not to be fined) are required to use plans that include contraception. In the lawsuit, Hobby Lobby (along with other businesses) argued that they should be exempt from the new rule because their owners object to some forms of contraception on religious grounds.

The primary objective was to allow the company to opt out of covering morning after pills and IUD’s totaling 4 of the 20 widely used forms of birth control in this country on the grounds that they believe these measures to be a form of abortion and, therefore, against their religious beliefs. The Oklahoma City-based craft store chain operates 600 stores across the county employing over 15,000 full time employees.

In the end, the court interpreted a 1993 religious-freedom law passed by Congress. In a summary of the decision (the final vote was 5-4), Justice Samuel Alito stated that the aforementioned law gives closely held companies a right to religious freedom. Specifically, Alito concluded, “a corporation is simply a form of organization used by human beings to achieve desired ends.”

In the dissenting opinion, authored by Justice Ruth Bader Ginsburg, the majority was accused of finding in favor of the religious rights of a handful of corporate owners at the expense of “thousands of women” employed by Hobby Lobby and other companies who don’t share those views. To the surprise of no one, the Democrats took this opinion and did their best Forrest Gump impression. Run, Liberals, Run!

Since this decision, all social media streams have been flowing heavily and the party lines seemed to have become bolder since the final decision was reached. From the catchy slogans positioning this as anti-woman to the lies being spread that all forms of contraception are being pulled from the health plans offered by Hobby Lobby, it has been a day of sifting through the garbage and waiting for those brief glimpses of thoughtfulness (from both viewpoints). While the debate still rages as I wrap up this post, and it will certainly continue for the foreseeable future, the verdict has come and gone and individual liberty has won out.

While I am uncertain as to the means they used to reach their decision by expanding the rights of the corporation, I agree with the decision of the court. If it were an outright refusal to cover anything I would hold the opposite opinion. Preventative measures, still supported by hobby lobby, differ from those that are being refused. It is the gray world in which we live and no decision will satisfy everyone. We all make compromises in this country just keep in mind that these products are still available, they are still legal, it is simply a matter of who pays for them.

No one’s rights have been taken away it just takes a bit more effort to exercise those rights… individual rights are the responsibility of the individual. Too many people are expecting things to simply be handed to them. Frankly, I don’t just want businesses to stay out of the bedroom, I want the government out of the bedroom too. And I want the government out of my pocket as, in the end, we are the ones who are paying for these ‘expanded’ benefits whether we want them or agree with them. The government shouldn’t get in the way and/or exercise those rights on your behalf. It is your right, your freedom, your individual liberty, your faith, your responsibility. 

Keep Your Debts To Yourself!

Well, with her new book being released, it should be no surprise that Hillary Clinton was in the news again this week. Something else that should not be surprising is that fact that, once again, she is backpedaling to ‘clarify’ the statements that she gave to Diane Sawyer. One thing that you have to keep in mind when this happens is the fact that it is more than likely that all of the questions that she was asked were vetted and responses rehearsed for weeks prior to the two women sitting down for their conversation.

I am sure you have either watched, read, or listened to Mrs. Clinton expounding upon her hardships upon leaving the White House in January 2001 with particular focus on the financial ‘struggles’ that the Clintons’ faced reentering private life. As was reported by CNN, “Mrs. Clinton said she and former President Bill Clinton were "dead broke" and "struggled to piece together the resources" for mortgages in pricey Washington and the New York suburbs and their daughter Chelsea's tuition at prestigious Stanford University.” Yeah, even CNN is calling BS on this one.



Be careful what you say, your face might freeze that way!

I know, it must have been hard struggling to find some means of gainful employment so they could keep paying their mortgages, resolve their debts, and scrape together the pennies to cover Chelsea’s college tuition. Obviously, she had no other choice but to take advantage of the bountiful ‘limited’ opportunities at hand. She didn’t really want to but she had to force herself to make millions of dollars in speaking fees. How else was she going to pay off her millions in debt, keep current on her mortgages, and pay for her daughter’s schooling? It’s not like she could simply move to another state and swipe a Senate seat.

Maybe if Chelsea were in college now Hillary may not have had to work so hard to pay for her college tuition. It seems as though this administration wants everyone to have a college degree that they don’t have to pay for, at least not at full price. Now, I agree that higher education has become outrageously expensive and I am always for getting a discount but I am offended that we, as taxpayers, are going to have to pay for that discount. Where did you think that money was going to come from? If you are going to offer money for education we should, at the very least, give the funds to people that have earned that money and funnel the additional funds into the GI Bill. Oh wait, that's right, you already screwed up the VA.

I don’t know about you but I already have plenty of personal debt that I am trying to pay down without taking on someone else’s burden. I struggle every month to find that little extra so that we can make progress. Slowly we are inching closer and closer solvency but every time a new tax (which is what this whole scheme will end up being) that is a little less each month that I can apply toward solvency. So stop telling me how hard you had it trying to make payments on your numerous homes and the struggles you faced when you were forced to earn millions talking to the mindless throngs of sheep. And, most importantly, stop spending my money on things that don’t make any darn sense and are an insult to financial responsibility.

Are You Balanced?

I have gotten into the habit of stopping by the lobby in the morning on my way to work to pick up and packages and mail that arrived the previous day. It is a system that seems to be working so far at least as a means to keep our mailbox from overflowing but it also has its shortcomings. In addition to sometimes not having enough time or simply forgetting to stop by in the morning, there are weeks when the mail enters the black hole that is my work bag and doesn’t resurface until the end of the week when I try to clean it out. Sometimes the stockpile goes a little longer and doesn’t get addressed until the excess weight is substantial enough.

Today was one of those days. While it had only been a week since I last went through all of the mail, the stuff that could wait (items that did not require a check) had begun to put a noticeable bulge in my bag. So, not wanting to lug around the extra weight or bulk, I began sifting through the correspondences, solicitations, and promotions. It was a process that took place throughout the day whenever I had a minute here and there to tear open an envelope or two (usually when I needed to come up for air for a very brief time).

One thing I noticed was the number of items that I had missed, or entire days that had slipped by, that required the assistance of my check book. Nothing major and all well within a reasonable time of the deadline/due dates but an annoyance nevertheless. This added an extra step to the process as the occasional item that required a response and/or a check was put aside to be dealt with later in the day. This was the second round of sifting and sorting.

Again, when a minute or two was discovered during the late afternoon, the forms were filled out, replies were filled in, and surveys were taken. Lastly, the checkbook was pulled from its safe place where it lay cowering in the corner like and insecure puppy. As to not frighten it too much, I filled out the few checks needed and put it back in its safe place to recover for the next time it needed to be out in the light.

The work day done, it was time to head to the lodge for an early and, hopefully quick, evening of office work. A tax form, multiple calls to government offices, the signing of about a dozen checks, and 90 minutes later I headed out the door and made my way home to recover. I honestly can’t remember ever having to sign that many checks at one time in my life and it really made me think about how much money I was sending out that day. Then I had to stop because it was making my head hurt. But that is all part of life and part of my new responsibilities at the lodge. Essentially, what it really means is that I now have to keep two sets of books balanced.

I Hate When Cleaning Leads To Taxes

Every once in a while my wife and I find ourselves in desperate need to do some cleaning around the apartment. With our schedules the way they are and other projects taking priority, things just seem to build up over time until we get to the point that we can’t take it anymore. It is a slow build but one that we see happening and keep planning on taking care of which in itself is a process that can take weeks.

There are also projects that keep getting put off. Mostly they involve reorganizing different areas or shifting things around from one location to another. A prime example is the reconfiguration of our kitchen. When we first moved in we set up a kosher kitchen and kept it that way for well over a year. However, in the early part of last year we decided to adjust our observance level and at that point stopped keeping kosher. Since that time we have been meaning to consolidate some of the utensils and free up some counter space. Today that finally happened.

Later in the evening, after my wife had gone to bed for the night, I shifted my focus to the office. Paperwork of any kind is tedious but especially when it is a matter of organization. I first went through the existing files and pulled out all of the items that made me say “why the heck is this getting saved” and threw it into the overflowing shred box tucked under my desk against the wall. I guess I am going to have to make another trip to Staples in the near future.

Once I was able to consolidate and sort the overabundance of papers in the filing cabinet I was finally able to focus on the piles that had taken over my desk. This is when I came to the realization that most of the papers were either paid bills or magazines. While the magazines have been consolidated into a single stack the bills were a little bit more involved. Some went into a miscellaneous bills folder but the vast majority ended up in the dreaded tax folders.

Yes, I said folders. Plural. If there is ever a reason to hate this time of year it is for the simple, yet complex, reason of pulling together all of your documents, receipts, and forms and filing your taxes. While I closely watch, track, and itemize every year I have never gotten a significant amount back. In fact, last year, I owed an amount of money which didn’t make sense whatsoever… during a financially red year the government still wanted more… more of what we didn’t have. We managed, barely, to pay the bill and now we have to go through the same process again.

Just like cleaning and organizing, taxes seem like a zero sum game but we all eventually end up having to deal with it. I can already tell that this is going to be a long first part of the year. Maybe after April I will be able to breathe… but I think that is going to depend on the financial outcome on in the middle of that month. I guess we will just have to wait and see.