Rebane's Ruminations
November 2017
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[Begrudgingly many are now acknowledging that Trump had a good trip to the Far East.  More people now understand that America has its own interests topmost, and considers it a good thing if everyone recognizes and admits that they too have their countries' interest come first.  It cuts out a lot of the bullshit when people meet to make deals on stuff like trade and national security.  Maybe the new paradigm will be named the Trumpian Schools of Diplomacy.  gjr]

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324 responses to “Sandbox – 15nov17”

  1. Gregory Avatar
    Gregory

    punchy 711pm
    Paul, from the link provided to substantiate your indigence over private jet owners getting a tax break:

    “The language would exempt owners or leasers of private aircraft from paying taxes on certain costs related to the upkeep and maintenance of the jets, according to a description from the Joint Committee on Taxation.
    Applicable services include support activities related to the aircraft itself, such as its storage, maintenance, and fueling, and those related to its operation, such as the hiring and training of pilots and crew, as well as administrative services such as scheduling, flight planning, weather forecasting, obtaining insurance, and establishing and complying with safety standards,” it says.

    First, all the jobs mentioned above are middle to lower middle class jobs. No one gets rich being a lineboy (refueling aircraft)… and what it looks to be doing is equalizing shared ownership companies like NetJets with the taxes paid by traditional corporate ownership by really big companies: they don’t pay taxes on internal spending. It’s overhead expenses of keeping the asset usable and airworthy, not a value added. And most all the money goes into blue and pink collar paychecks, including the pilots.
    I get it though… private jets are such an extravagance when there’s the Grayhound bus terminal and Amtrak stations across the country.
    I did cross a NetJets pilot picket line once in good conscience: it was at Las Vegas Henderson Airport (a National Business Aviation Ass’n convention was in Vegas and Henderson is the bizjet airport) where my single engine piston aircraft was tied down less than half the time… I got a laugh out of my fellow pilots by saying I was so poor I had to fly my own plane by myself. None of them were rich either.

    Like

  2. fish Avatar
    fish

    Sometimes the bad die young too…..

    AC/DC guitarist and rock legend Malcolm Young dead at 64

    I guess Plain-ol as opposed to God speed Malcolm!
    https://pagesix.com/2017/11/18/ac-dc-icon-malcolm-young-dead-at-64/

    Like

  3. Gregory Avatar
    Gregory

    “Paul, from the link provided to substantiate your indigence over private jet owners getting a tax break”
    Make that indignation, not indigence. Better yet, indigent indignation.

    Like

  4. Todd Juvinall Avatar
    Todd Juvinall

    Paul Emery does not understand economics or unintended consequences. That is why he has to still work at his old age at a local little FM station.

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  5. Paul Emery Avatar
    Paul Emery

    Fancy attempt of justifying tax breaks for the rich Gregory. Do you now any middle class people who own Jets ?
    I don’t see any provisions in the Pubbers tax plan to assist me in maintenance and upkeep of my Dodge Van which I use to haul sound equipment.

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  6. Paul Emery Avatar
    Paul Emery

    re-write
    Dodge Van which I use for camping.

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  7. Todd Juvinall Avatar
    Todd Juvinall

    Keep posting your blather as you still don’t get it. Amazing.

    Like

  8. Gregory Avatar
    Gregory

    I know middle class people who work on jets, Paul. And I know middle class people who travel by private aircraft.
    Perhaps if owning a van was burdened with sin taxes you’d feel differently:

    “This provision in no way cuts taxes for private jet owners,” said Jennifer Donahue, a spokeswoman for Sen. Sherrod Brown (D-Ohio) who sponsored Senate legislation on the matter.

    Like

  9. Bill Tozer Avatar

    Before everybody gets their “the rich don’t pay their fair share” timeless bullet points out, let’s see what is the final product looks like. While pondering the horrid tax break for the filty rich’s private jets (excise tax), keep in mind that the provision was introduced by an Ohio D in the House and an Ohio R in the Senate. Must be a Ohio thang. Now boys, neither the House versizon nor the Senate version has gone to the reconciliation committee and has not jointly been sent to Trump’s desk….yet.
    Yes, any tax cut is immediately opposed by the Dems before even contemplated. They don’t need talking points in reality. It’s so ingrained in their souls that they can, will, and do spout the opposition bullet points without even thinking. It’s as natural as breathing and blinking to them. No looking at the script necessary, it’s the tried and true timeless knee jerk reaction. The Left hates tax cuts, the Right loves them. Sausage making time.
    One of the House’s first versions omitted the child adoption credit. Don’t know if it was a simple omission, or an evil plot to kick the orphanes onto the streets to die. Either way, I heard that and said within myself, “That is just a draft. Long way to go, many rewrites and fine tuning before it even leaves the House. Then, what the Senate does to the bill is a whole new ball of wax. Haven’t a clue if the adoption tax credit is in or out….for now.
    I personally like the increase in the standard deduction for us regular folks. One version is it doubles the standard deduction, which is a nice big fat tax cut for those living check to check and very family friendly. Wait and see. There is always rumors of slashing 401k contribution limits, slashing the 529 caps, eliminating the home interest deduction, etc. This year is no different.
    ——————-
    The sky is falling!! 20 million folks will die on our streets. Funny, 20 million folks did not die on the streets before Obama and apparently neither after Obama. Evil filthy rich and their private jets. I am aghast. Hmmm. The only thing Bernie asked for when he lost to Hillary was a private plane. That was a bargain and they gladly gave him a private plane, thanking their lucky stars for such a cheap bargain. Heck, Hillary wanted 13 million from Obama when she lost in 2008. Obama balked at first and Bubba blew a gasket. Retire her debt, now.
    ——————
    In other news, Bernie announced that after looking at tax reform, he was going to sell one of his new vacation homes and give the proceeds to the poor,.Just joking, that was fake news. He would never have his own skin in the game, neither would Obama nor My Gal, nor the dude feeling sorry for himself (with a bad case of the “I Wants”) thinks the government should help him take his next Vay-Kay.
    —————
    I really love this woman, have for a long time:
    https://www.facebook.com/RowdyConservatives/photos/a.254420818025296.63999.217926015008110/1203211389812896/?type=3&theater

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  10. George Rebane Avatar

    PaulE 1025pm – the ‘rich’ flying private jets detract nothing from the non-rich; in fact, they benefit those as pointed out above. It appears to me that you are doing nothing more than expressing the usual and mindless class envy of the Left to assuage your sense of achieving fairness (social justice?) even if it means that all will then be less well off. Am I missing something?

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  11. Paul Emery Avatar
    Paul Emery

    Why don’t I get a tax write off for my recreational van George?

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  12. fish Avatar
    fish

    Now that’s one funny re write! Ironically Punch if you use your van to haul equipment to a paid gig you probably can pursue a write off! Speak to your local tax professional for assistance in this matter!

    Like

  13. Todd Juvinall Avatar
    Todd Juvinall

    Yes Paul Emery, if you are using the van for business you have the possibility to write it off. Take FISH’s advice. My goodness, all those years. You could have has a new dishwasher in your tiny house!@

    Like

  14. Paul Emery Avatar
    Paul Emery

    I have two vans Scott. One for work and one for recreation. I’m talking about my recreational van.

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  15. Paul Emery Avatar
    Paul Emery

    meant for fish

    Like

  16. Don Bessee Avatar
    Don Bessee

    That’s if the po’ ol’ fakenwesman has enough itemized deductions v the new higher individual standard deduction @1108. That’s presuming he actually has enough taxable income to even pay federal income tax. Is pony tail maintenance a deductible expense? 😉

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  17. fish Avatar
    fish

    Posted by: Paul Emery | 18 November 2017 at 11:32 AM
    Why would you expect a write off for a recreational vehicle Punch?

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  18. Gregory Avatar
    Gregory

    George, the bone tossed to NetJets and other fractional ownership companies just gets rid of a tax on middle class labor used by fractional aircraft management that isn’t paid by the really filthy rich owner/operators that Paul hates even more. A small unfairness in the tax code but it has “private jets” in the story which means class envy will rear its ugly head.
    Paul, you own two CO2 spewing vans? My gawd… and KVMR listeners know this?

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  19. Todd Juvinall Avatar
    Todd Juvinall

    That is why he has zero creds on the economy here.

    Like

  20. George Rebane Avatar

    Gregory 1200pm – Yes, but are we talking about anything else here besides a normal business expense deduction to reduce taxable earnings? Paul’s sentiments on the matter are well known to me (and probably other readers).

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  21. Bill Tozer Avatar

    Two vans leaves a pretty big carbon footprint. I hope they are electric vans. I suppose private aircraft is never used for business, right? Can’t blame the private jet owners. Buying a business class ticket and standing around in a commercial airport for a couple choirs is a collusual waste of valuable time….not an efficient way to conduct business.
    Bernie got his private plane and a new lakefront vacation house. Yes, I envy the filthy rich.

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  22. Paul Emery Avatar
    Paul Emery

    Because that’s whats proposed for luxury jets for he wealthy Fish.

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  23. Walt Avatar

    What? Paul drives a gross polluter? TAX HIM! (feel better Paul?)

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  24. fish Avatar
    fish

    Posted by: Paul Emery | 18 November 2017 at 12:09 PM
    Are you confusing “private” business aircraft with personal aircraft Punch?

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  25. Paul Emery Avatar
    Paul Emery

    I am referring to additional tax writeoffs proposed by the new tax “plan” that provide additional tax writeoffs for private jets. Pretty simple Fish.
    My vehicles are well within smog requirements Walt.

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  26. fish Avatar
    fish

    Posted by: Paul Emery | 18 November 2017 at 12:18 PM
    I am referring to additional tax writeoffs proposed by the new tax “plan” that provide additional tax writeoffs for private jets. Pretty simple Fish.

    Again Punch….private jets….owned by business for business or owned by wealthy people for fucking off on the weekend? You really need to be specific!

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  27. Walt Avatar

    So Paul. You all for banning the ownership of private jets?
    Al Gore will not be happy, nor will Mikey Moore.
    (It’s OK for them to spew twice as much pollutants. Half in the air, and the other half in front of a microphone.)

    Like

  28. Bill Tozer Avatar

    The Lolita Express: Business, pleasure, monkey business, or all of the above? Bubba sure piled up on the Express’s frequent flier miles. Talk about job creation.

    Like

  29. Bill Tozer Avatar

    Love the visual. .Punchy in his van down by the river clamoring for tax breaks. Sweet.

    Like

  30. Walt Avatar

    Just what year is that van Paul?
    I could say the same about my old Jeep. It “passed*” the smog test too.. To 1978 standards,,,(the year it was made “standards”)
    Yet is a “gross polluter” by today’s standards.
    Your story is full of holes.

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  31. Paul Emery Avatar
    Paul Emery

    2001 1995

    Like

  32. Gregory Avatar
    Gregory

    it ain’t tax write-offs being proposed, Punch. Try a’gin.

    Like

  33. Paul Emery Avatar
    Paul Emery

    Gregory Can you tell me the difference between a tax break and a tax write off?
    If you’re one of the lucky Americans who owns a private jet, don’t fret. Republicans have your back—in the form of tax breaks.
    The new Senate tax bill will give those who own or lease private planes breaks on the amount they pay to companies for maintenance, storage, fueling and even when they want to hire pilots and a crew onboard.
    The proposal is tucked in the middle of the controversial bill’s latest version, dubbed the Tax Cuts and Jobs Act. The House approved the bill Thursday and it’s now headed to the Senate.
    http://www.newsweek.com/republican-tax-bill-gives-private-plane-owners-tax-break-714381

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  34. Walt Avatar

    Yes Paul, in Ca. that’s a gross polluter.
    But since you won’t believe me, give CARB a call. See what they say.
    Even if you buy a new car. (like a Mustang with some actual horsepower) there is a gross polluter tax. Count yourself lucky.

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  35. Walt Avatar

    Now all of a sudden it “rich Repubs?” LOL Paul!!
    Seems the most with all the money these days are LIBS.
    Forget the whore of Wall St? All the breaks “O” gave them with health care?(waivers)
    Your aged memory is showing again.

    Like

  36. Todd Juvinall Avatar
    Todd Juvinall

    Lucky Americans to own a private jet? What does that mean? Oh, the person owning the jet paid for it? Like when you pay for the new guitar? And what about all those men and women that built it and then maintain it? Are they lucky? Or hard working middle class? You really have no clue, do you?

    Like

  37. Paul Emery Avatar
    Paul Emery

    Can you define a gross polluter for me Walt. My cars have very modest smog outputs and require no special catagory as of this year.

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  38. Bill the Tozer Avatar
    Bill the Tozer

    7 out of the tip 10 wealthest nembers of Congress are evil filthy rich…Democrats. Rch Repubucans? Gee, all this time I thought the reason Trump won was because all those uneducated blue collar deplorables that were the Forgotten oneslect behind in the Rust Belt trying to find work in decaying factories. No hope, no future, no noney. Now I guess they, as of today, are all now filthy rich evil Republicans. Wish somebody would make up their minds.

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  39. Paul Emery Avatar
    Paul Emery

    Trump claims that the rich won’t benifit from his tax plan.
    “The wealthy are not getting a tax cut under our plan,” Gary Cohn, Trump’s top economic advisor, said on Good Morning America.
    Is that true or is it a lie Gregory?
    for example
    The federal estate tax is a tax on property including real estate, cash and stocks, that is transferred from deceased persons to their heirs. The catch is only the wealthiest estates in the United States pay the tax because it’s levied against those whose total estate exceeds a certain exemption level.
    According to the Joint Committee on Taxation, 99.8% of estates owe no estate tax at all, leaving the estates of 0.2% of the wealthiest Americans to pay up.
    Is elimination of that tax not a tax break for the wealthy?

    Like

  40. Gregory Avatar
    Gregory

    Punch, you’re being shallow, ignorant, superficial and lazy.
    It’s a normalization of tax regs that doesn’t punish fractional ownership/management companies over corporate owner-operators as far as I can tell, Paul. Airplane owners don’t get a tax break or a write-off which also has a specific meaning. AFAIK.
    It was promoted by a DEMOCRAT::: “This provision in no way cuts taxes for private jet owners,” said Jennifer Donahue, a spokeswoman for Sen. Sherrod Brown (D-Ohio) who sponsored Senate legislation on the matter.”
    That was from the link you shared but, once again, apparently didn’t read.
    “This provision in no way cuts taxes for private jet owners”
    What part of “in no way cuts taxes for private jet owners” don’t you understand, Paul?

    Like

  41. Bill the Tozer Avatar
    Bill the Tozer

    ….
    he moves on to the death tax

    Like

  42. Paul Emery Avatar
    Paul Emery

    Of course I read that Gregory. The Dems are equal to the Pubbers when it comes to taking care of their corporate supporters.
    Not so sure about your corporate only view walt. Can you explain this?
    “People who lease aircraft for more than 31 consecutive days also would be eligible for the exemption. The tweak wasn’t included in an earlier version of the Finance Committee’s tax plan but was introduced in both the House and the Senate in February, with bipartisan support.”
    https://www.bloomberg.com/news/articles/2017-11-17/private-jet-owners-poised-to-get-tax-break-under-senate-gop-plan

    Like

  43. fish Avatar
    fish

    Like I said…..a 13 year old girl on her thirteenth month of a tantrum!

    Like

  44. Walt Avatar

    Corp. greed is the life blood of America Paul, deal with it.
    It makes the world go round. So your peeved that your not rich. (and who’s to blame for that?)
    Don’t like rich people? Well I DO! They sign paychecks! When was the last time you knowingly worked for a person that was broke?
    You want to know what a gross polluter is? Ask CARB. They are the leading, self proclaimed authority on that.
    You have no idea how much CARB costs the “little guy”.
    CARB has put PLENTY out of business, because of CARB regulations.
    Come next year, we can’t use our perfectly good backhoe anymore.
    (legally) We are MANDATED to get a newer one. The same goes for one of our dump trucks.
    So until you have a clue, stop bitching.

    Like

  45. Paul Emery Avatar
    Paul Emery

    Our liar in chief is caught bluntly on this one.
    Trump has claimeed that his tax plan will not enhance the wealthy yet he proposes to eliminate the estate tax that may save his family a billion dollars Is he l;ying or what?
    “As Steven Mnuchin, President Trump’s Treasury secretary, bluntly declared last month, “Obviously, the estate tax, I will concede, disproportionately helps rich people.”
    As it is now, the estate tax affects a small set of wealthy Americans, applying only when someone leaves assets worth more than $5.49 million to heirs. Together, parents can leave $11 million to their children without paying a penny in estate taxes.
    https://www.nytimes.com/2017/11/16/business/economy/estate-tax.html
    Still, one thing that would give the Trump family a tremendous boost is eliminating the estate tax, which claims roughly 40% of the richest’s assets upon their death. Unlike most well-lawyered members of the Forbes 400, especially ones who are over 70 years old, Donald Trump retains almost complete ownership of his fortune. To date, he’s transferred very little to his kids. That means that if he dies, Ivanka, Tiffany, Donald Jr., Eric and Barron would face an estimated tax bill of about $1.2 billion–unless President Trump does something about it first.
    https://www.forbes.com/sites/mattdrange/2017/10/17/why-repealing-the-death-tax-could-save-donald-trumps-family-more-than-1-billion/#39bba1305b17

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  46. Walt Avatar

    It’s OK Paul. The “rich” you bitch of, pay the most. But I’m sure you want tax cuts for those that really don’t pay any… Right?

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  47. Walt Avatar

    Fresh ammo Paul,, You need it.
    http://dailycaller.com/2017/11/18/schumer-fundraising-letter-tied-tax-cuts-to-neo-nazis/
    You will believe anything these days.

    Like

  48. Bill Tozer Avatar

    Oh, Punchy is just pissed Trump is taking away grant money to that tiny alternative radio stationi buried in some hole in the wall in the back of the Nevada Theather and giving it to billionaires and millionaires, lions and tigers and bears, on my. It’s a wonder that the building just has not fallen over by now. Bailing wire, chewing gum, and duct tape is one of the great marvels of inventions.
    He has to work twice as hard to maintan his lifestyle now. Enough to piss off the Pope.
    So, I say we should the poor man some slack. Let’s talk about his pain instead.
    Billionaires and millionaires and private jet owners, oh my!
    https://youtu.be/1K0l-xPhWzs

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  49. Paul Emery Avatar
    Paul Emery

    Just saying that Trump was a total liar he said there would be no tax cuts for the rich Do you disagree with that ?

    Like