Drear Readers:
There is No Free Lunch:
To remind you, I am part owner of a taxi company. The final quarter of
2011 taxes were due on 01/31/12. In the packet I received from my accounting
firm of Dewey-Cheetum & Howe, there was a new tax to be paid. Even as a
small company it is in the hundreds of dollars. This is to repay the Federal
Government, what New York State had to borrow to cover the extension of
Unemployment Insurance.
That's right, every time the Feds. extends Unemployment Insurance, New York
has to borrow the money. Were did you think that money came from? New York is
broke. It had to be borrowed, with interest. Who do you think is on the hook
for this borrowed money? It is private sector business. No body tells you
this.
It is another unfunded mandate that business is expected to pay. It is
another drain on disposable income businesses could use to buy inventory or hire
people. It is another cost passed down to the consumer. It is another example
of political compassion with other people's money.
Every time this program is extended, it makes it harder for those
unemployed to find work. Study after study has show the longer a person is out
of work, there skill set deteriorate. This make some business loath to hire
those long term unemployed for that very reason. It is become so pandemic, that
there is proposed legislation to ban that as a reason to not hire someone. This
legislation will force business to hire the unqualified as a matter of civil
rights. More destruction of private enterprise in the name of
compassion.
It has turned Unemployment Insurance into welfare for the middle
class. The real joke is as an owner, though I am responsible to pay this tax,
should I become unemployed, I can not collect.
There is No Free Lunch Part 2:
The recent raid on the Social Security Trust Fund billed as a tax break
will also have to be repaid. This year, under this administration, Social
Security paid out more than it took in. This is another first for the Obama
Administration and it economic policies.
How will it be repaid? By a number of ways. One, raise the eligibility
limit to between 68 and 70. Two, raise the income limit on this deduction from
the current 103 thousand dollars a year to no limit, so no matter how much you
earn, you will always have this payroll deduction. Third create an income level
where you can not receive this benefit, even though you paid into it. Simple
economics demand one or all of these remedies. They are on the docket. These
will also apply to Medicare, as Obama Care removed 500 billion dollars from the
Medicare fund and transferred it to Medicaid. None of these will be brought up
during this election cycle as both party's are guilty of raiding these trust
funds.
There is no free lunch The paper must be paid. The bills are coming due
now. As always small business, private sector business and the middle class get
it in the neck. I see no compassion in this. This is my opinion, you may beg
to differ.
Anthony J. Bazzo
The opinions expressed by freelance contributors to PennySaver Community do
not necessarily reflect those of PennySaver Community or its parent Chase Media
Group.
To read more Bazzo, go to PennySaverCommunity.com, where you can submit responses to his opinions and post your own comments
To read more Bazzo, go to PennySaverCommunity.com, where you can submit responses to his opinions and post your own comments
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ATOM TAXI INC. AIRPORT SERVICE:
Dear Readers:
This gives me a chance to plug my business ATOM TAXI INC. As you are
planning your holiday or business or vacation travel? Instead of the headache of
trying to find Airport parking, we do Airport Service to The Westchester County
Airport(and ALL other airports) 24/7. Just call 1(914)879-6121 and my partner
Tommy, will be glad to take you in our Airport Taxi. You will also be provided
with a free copy of your local paper of record The North County News. If this is
a business trip we also provide a professional receipt, just tell Tommy at the
time of booking. The cost of a one-way trip to LaGuardia Airport the cost is
$100.00 plus tolls. The cost to JFK and Newark Airports is one
hundred-thirty-five dollars plus tolls. The tolls are $13.00 Westchester County
Airport and Stewart cost $75.00. We do not take credit cards, sorry.
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E-MAIL ME WITH YOUR COMMENTS:
Dear Readers:
It has come to my attention the difficulty in posting a comment on this
blog. If you wish to comment, e-mail me at the link posted below, putting
“Manifesto Reader” in the subject matter, and I will “cut and Paste” your
comments myself. If you DO NOT wish your comments posted, but just wish to
communicate with me, please make your wishes known in the e-mail. LINKS:
atom_taxi@yahoo.com(as this a yahoo address make sure you put an underscore (-)
between atom and taxi) For immediate reply: atomtaxi@aol.com AT NCN:
abazzo@ncnlocal.com
*********************************************************************************
SITES TO LINK TO:
BAZZO'S BLOGS
BAZZO AT WORK: A Bazzo Blog:
PENNYSAVER COMMUNITY (Town of Poughkeepsie):
BAZZOMANIFESTO:
OTHER SITES OF INTEREST:
LOCAL NETWORK NEWS (Dutchess County):
ellabellahairclippies: www.ellabellahairclippies.com
http://ellabellahairclippies.blogspot.com
ROB ASTORINO: www.robastorino.com JOHN G. TESTA: www.johngtesta.com
ON TOPIC W/ JOHN TESTA: www.ontopicwithjt.com
CARS & US: www.doverracing.com
THE WINERY AT ST. GEORGE: http://www.TheWineryAtStGeorge.com
PLAN PUTNAM: planputnam@googlegroups.com/
BRUCE APAR’S NCN BLOG: http://ncnlocal.com/index.php/blogs/bruce-the-blog
NORTH COUNTY NEWS: http://ncnlocal.com/
THE JOURNAL NEWS: http://www.lohud.com/
YORKTOWN WATCHDOG: www.yorktownopengov.org
PADAVANO FINE ARTS: Padovanofineart.com /
PEEKSKILL BID: www.peekskillbid.com or www.downtownpeekskill.com
Peekskill Democratic City Committee Blog:
http://www.peekskilldems.com/blog *********************************************************************************
CABLE SHOWS TO WATCH;
BRUCE THE BLOG GOES BAZZO:
Thursdays at 10 P.M. channel 74. Available in Yorktown – Putnam Valley –
Bedford – Bedford Hills – Mount Kisco – Katonah – Lewisboro – North Salem –
Pound Ridge – Purdy Station – Amawalk – Granite Springs – Lincolndale – Somers –
Baldwin Place – Shenorock – Mahopac.
Same Time Same Date On Channel 15 in Philipstown – Cortlandt – Peekskill –
Ossining and BriarCliff., Mt Kisco also.
HOSTED BY: BRUCE APAR & ANTHONY J. BAZZO
YORKTOWN WATCHDOG: Every Monday at 9:30 P.M. channel 74
Hosted By: ED CIFFON (Yorktown and Putnam Valley only)
CARS & US: Fridays 10 PM chanel 15(Peek. & Cortlant) 74(York. &
Put. Valley) Hosted By: Dennis Tate
SPEAK OUT WITH SANDY GALEF: Yorktown chanel 74 Wednesdays at
7:30PM..Ossining/Peekskill chanel 15 Wednesdays at 8PM
Hosted by: Sandra Galef
DEAR SANDY: Yorktown chanel 74 Fridays 7:30PM…Ossining/Peeksill chanel 15
Fridays 9PM
Hosted by: Sandra Galef
Bazzo 01/30/12
