Wednesday, July 29, 2015

Bazzomanifesto Update 07/29/15: 6 Topics In Today's blog

THIS BLOGS TOPICS:

1) [MEDIA ADVISORY] *07/30/15*, 11AM Sen. Murphy, Carmel, To Shed Their Meds

2) Maureen McDermott Turns a Sag Harbor Wallflower into a Stunning Beauty, Kathy Reilly Finds Permanent Digs on a Quiet Lane Near Mecox Bay, and More!

3) ICYMI: Kudlow Breaks Down Hillary's Wrongheaded Tax Policy

4) Assemblywoman Galef Talks with NYS Regent Judith Johnson on her TV Show "Speak Out"

5) PRESS RELEASE] Murphy, local elex, call for modern Grade Crossing Elimination Act

6) KATZ: WE NEED TO SEE THE PLAN FOR LA GUARDIA OVERHAUL

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FOR IMMEDIATE RELEASE: July 29th, 2015
CONTACT: Matt Slater, 914-962-2624
***MEDIA ADVISORY***
FOR TOMORROW
July 30th, 11:00am
 
Senator Terrence Murphy Sponsors Prescription Drug 
Drop-Off Program at Carmel Town Hall
 
Also To Announce $25K State Grant For 
Drug Crisis In Our Backyard
CARMEL,
NY - Senator Terrence P. Murphy will be hosting a Shed The Meds event at Carmel
Town Hall this Thursday July 30th, inviting residents to safely remove expired,
unused or extra medications from their medicine cabinets.

 
At
11 a.m. a press conference will be held during which Senator Murphy will
announce a significant grant to Drug Crisis In Our Backyard, with the group's
founders Susan And Steve Salomone. The Salomones lost their son, Justin to a
heroin overdose in May of 2012.

 
The
details for TOMORROW'S event are as follows:
  
  WHO: Senator
Terrence P. Murphy
 Putnam
County Executive MaryEllen Odell
Carmel
Town Supervisor Ken Schmitt
               Susan
and Steve Salomone

 
WHAT: Shed
The Meds Drug Collection Event & Grant Announcement

 
WHERE: Carmel
Town Hall 60 McAlpin Ave, Mahopac 10541

 
WHEN: *TOMORROW*Thursday
July, 30th 11 A.M.


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***ALL MEDIA ARE INVITED AND ENCOURAGED TO ATTEND***
**EXCELLENT PHOTO AND INTERVIEW OPPORTUNITIES AVAILABLE**
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INTERIORS
Interior Designer Maureen McDermott Turns a Sag Harbor Wallflower into a Stunning Beauty
The saying “good things come in small packages” proved true in a big way for interior designer Maureen McDermott, the good thing being a cozy Sag Harbor rambler she recently took from mid-20th-century mundane to a family retreat kitted out for 21st-century living.
READ MORE

INTERIORS
In Water Mill, Kathy Reilly Finds Permanent Digs on a Quiet Lane Near Mecox Bay
One snowy January day six years ago, Kathy Reilly and her husband set out for the Hamptons to look for a second home. The Manhattan residents had rented in the off-season in Sag Harbor and liked being part of the year-round community, but as they thought about obtaining a more permanent abode, renting increasingly didn’t make sense.
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DESIGN FINDS
New and Notable Design Objects from the Hamptons and Beyond: Throwing in the Towels
The ocean is calling, the sun is strong, and it’s time to stake your place in the sand. Make sure you do it stylishly with a beach towel that means business.
READ MORE

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July 27, 2015
ICYMI: Kudlow Breaks Down Hillary's Wrongheaded Tax Policy

 
I wanted to be sure you saw this insightful piece from top economist and tax expert Larry Kudlow. As usual, Larry does a phenomenal job breaking down exactly how Clinton's tax policies will hurt job creators and stifle investment, leading to more stagnation in our economy.

Raising taxes on capital gains is a dog-whistle the Left loves to use in perpetuating their income-inequality argument. But as we've seen right here in our home state where capital gains are taxed as ordinary income, the results are clear: we're ranked next to last in economic competitiveness and our residents are flocking to other low-tax states. Conversely--as Larry correctly points out--when capital gains tax rates are cut, tax revenues increase, creating a win-win for the economy and government.

I encourage you to read this when you have a moment. It's exactly the argument the GOP can be making both nationally and here in New York.

Best,
Chairman Cox


Read on:
Hillary's Capital-Gains Tax Confusion

 
The worst sectors of the worst recovery since World War II are business investment in new plants and equipment and new business start-ups. These are the biggest job-creators, and their slump is a key reason for the sub-par labor recovery, with low participation rates and high involuntary part-time workers.
 
So if investment is the problem, what does Hillary Clinton go out and do? She proposes jacking up the tax on investment. It's almost inconceivably stupid.

In her latest economic speech, Clinton proposes doubling the capital-gains tax rate on the profit made from asset sales (stocks, bonds, real estate) held a day less than one year up to two years. Right now, if you take a capital gain a day more than one year, you are taxed at a 20 percent rate. Actually, it's 23.8 percent when you include the health-care surtax. So under Clinton's brilliant new play, you'd be taxed at 43.4 percent -- the top individual cap-gains rate of 39.6 percent plus the 3.8 percent Obamacare surtax.
 
That means, instead of keeping 80 cents on the additional dollar of profit, you'd only keep 56.6 cents -- a 30-percentage-point reduction in the take-home-pay reward for taking an extra dollar's investment risk.
 
This will create a tall barrier to investment -- what we don't need. If you tax something more, you get less of it.
 
Clinton complains about too much "short-termism" in the economy. But her program might well create more of it. That's because she has a sliding tax-rate scale, whereby assets held two to three years would be taxed at 39.8 percent and assets held three to four years at 35.8 percent. And you don't get back to the statutory 20 percent cap-gains rate unless you hold an asset for six-plus years.
 
Who's going to lock themselves into that? What if new investment opportunities arise? Want to convert your current holding into cash so you can invest in your brother-in-law's start-up? Maybe it's the next Facebook. Who knows? The point is, the Clinton plan exacts a huge tax penalty on the movement from old capital to new.
 
The late Jude Wanniski called this re-oxygenating the economy. Ms. Clinton would snuff that out. Her short-termism fear will lock us into long-term economic stagnation.
 
By the way, the numbers are actually worse, because capital gains are already taxed as corporate profits. What investors pay is a double tax.
So let's go back to Hillary's top cap-gains rate of 43.8 percent. The government takes 35 percent of your profit in corporate taxes, leaving 65 cents to be taxed a second time as capital gains at the new 43.8 percent rate. That results in a take-home profit of 37 cents on the dollar.
 
Is that enough to reward the risk of investing in the next Uber? Except for Mayor Bill de Blasio, who hates Uber, most people would say no.
 
But that's Hillary's plan.
How powerful is the capital-gains tax? The non-partisan Tax Foundation rates it among the top three economic-growth influences on the economy, along with full cash expensing for new investment in plants and equipment and the corporate tax. And compared with the rest of the world, the U.S. has fallen far behind in terms of this investment-tax-penalty grouping.
 
This is government tinkering at its worst. The reality is that Hillary Clinton is attempting to punish success and redistribute income.
 
Did someone say tax the rich? Clinton proposes an income threshold of $484,850 for married couples filing jointly. Oh my gosh! Successful economic activists! Let's get 'em!
 
Ironically, history shows that periods of higher capital-gains tax rates produce less revenue as a share of all federal revenue and as a fraction of GDP. Hillary's not even redistributing efficiently.
And then there's what some call the "Charles Gibson effect." Gibson interviewed then-Senator Obama in 2008 for ABC News. Obama said he'd raise the cap-gains tax from 15 to 28 percent. But Gibson reminded Obama that when Bill Clinton and George Bush lowered cap-gains tax rates, revenues actually increased. In other words, the Laffer curve. But Obama said it didn't matter because he wanted to be "fair."
 
It also doesn't matter to Hillary. She wants to beat Bernie Sanders, or at least cuddle up to the Vermont socialist. What nonsense. Bad economics and bad politics. Voters will understand this.
Goofy ideas like this make me yearn for a 15 percent flat-tax rate on everything. Personal income, corporate profits, capital gains, dividends -- everything. But that still leaves me with a double-tax problem for investment and savings. So it's probably time to blow up the corporate-tax code altogether. That would get us to the 4-percent-plus growth path advocated by some of the Republicans on the campaign trail.
 
And that would get us some "long-termism" economic growth -- just what the country yearns for.
 
Read on Real Clear Markets here
 
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 SANDY GALEF   





District Office:
2 Church Street, Ossining, NY 10562

albany office:

                                                          Room 641,
Legislative Office Building, Albany, NY 12248



      For Immediate Release
Contact:  Sandy Galef             


(914) 941-1111 or (914) 450-4086




"Speak Out" with Assemblywoman Sandy Galef Presents

New York State Regent Judith Johnson



(July 27, 2015) Assemblywoman Sandy Galef speaks with Judith Johnson, a
newly elected member of the NY State Board of Regents. Regent Johnson speaks
about the Common Core and the implications it has for education in New York
State, as well as how we can move forward with a productive dialogue about
education.



Johnson, a former school Superintendent of Peekskill, among her many titles,
discusses why the Common Core has become such a controversial topic
nationwide and what the outcry is about. While there has always been testing
in school, the Common Core tests being introduced were not designed to be
used to evaluate teachers. This testing has caused anxiety in many of the
schools in the region for parents, students, and teachers. Regent Johnson
discusses how test scores are representative of the social and economic
conditions present at the school, conditions that teachers will in essence
be evaluated on. Regent Johnson suggests that districts should be allowed to
propose their own teacher evaluation metrics, gaining approval from the
State Education Department when schools can demonstrate they are workable
measures.




Regent Johnson transitions to how the state needs to reduce the impact of
poverty on students. Poverty should not be allowed to impact the success of
students and their ability to succeed in their school district, Johnson
argues. Regent Johnson discusses how the state needs to change its thinking
in terms of helping struggling school districts. The reevaluation of this
thinking is the key to helping minimize the impact of poverty on the
students, Johnson asserts.



Regent Johnson has been participating in forums across the state and is
eager to hear from the public. "We have the opportunity to have a meaningful
impact on the education of our children," says Galef, "I urge all of us to
be open with our thoughts as we participate in this process, and I hope many
will watch this show to learn more."



        Tune in to cable television on the following days and times to
learn more.



"Speak Out: NYS Regent J. Johnson" airs as follows:



Cablevision

Airs: August 5, 12, 19 and 26



Ossining and Peekskill airs on Channel 15: Wednesdays at 8:00 p.m.

(Briarcliff, Ossining, Scarborough, Buchanan, Cortlandt, Croton, Garrison,
Montrose, Peekskill, Philipstown South, Verplanck)

Wappingers Falls airs on Channel 21: Wednesdays at 8:00 p.m.

(Cold Spring, Philipstown North)



Comcast

Airs: August 5, 12 and 19



Carmel, Kent, & Mahopac Channel 8: Wednesdays at 7:30



Verizon FiOS Customers

Please check your local listings for air times
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FOR IMMEDIATE RELEASE: July 27th, 2015
CONTACT: Matt Slater, 914-962-2624
SENATOR TERRENCE MURPHY, LOCAL OFFICIALS, CALL ON ASSEMBLY TO PASS GRADE CROSSING SAFETY MEASURE

KATONAH, NY - Even eighty-seven years after passage of the Grade Crossing Elimination Act, rail safety remains atop the agenda of many local lawmakers. According to the Federal Railroad Administration Office of Safety Analysis, the grade crossing at the Katonah Train Station continues to be ranked as one of, if not the most, dangerous in the Hudson Valley.

Following the horrific accident in Valhalla this past February, Senator Terrence Murphy introduced several measures to improve grade crossing safety. "After the tragedy in Valhalla I heard from a number of local elected officials about the need to improve safety at these dangerous intersections," he said.  

"Considering how many people either utilize Metro North, or drive over the grade crossings, we must do everything we can to ensure our residents are safe," Senator Murphy said. "A good first step in that direction would be allowing municipalities to install traffic cameras as these intersections."

Existing statute precludes municipalities from installing traffic cameras at grade crossings. Earlier this year, Senator Murphy introduced S.5238, which would authorize local authorities to establish and implement grade crossing monitoring systems by means of photo devices.

This would not be a mandate, but instead provides municipalities with this safety option should they choose to install these systems. The bill passed the Senate unanimously with 63 votes in June but did not come up for a vote in the Assembly.

New Castle Supervisor Rob Greenstein said, "Traffic cameras at railroad crossings will dramatically increase compliance and enforcement of our railroad crossing safety laws.  This is why I encouraged Senator Murphy to introduce this legislation and I commend him for his leadership on this issue.  We will continue to work tirelessly to secure federal funding for the construction of a bridge over the grade crossing on Roaring Brook Road and the Saw Mill River Parkway.  The Roaring Brook Road grade crossing is unique because it is tied into a ramp interchange with the Saw Mill River Parkway and lies less than a half mile from the Horace Greeley High School in the Chappaqua Central School District.  Westchester County Records indicate that 490 accidents have occurred at that interchange since 2006."

Mt. Pleasant Supervisor Carl Fulgenzi said, "I am grateful for Senator Murphy proposing this legislation.  Anything that can help create safer crossings, in lieu of closing them, we would greatly appreciate."

Francis Corcoran, a member of the Metro-North Railroad Commuter Council, a state board appointed by the Governor, said, "As a citizen, a former rider and member of the Metro-North Railroad Commuter Council, the efforts by Senator Murphy will help to increase the safety of the riders as well of those dangers crossings that impact our communities every day.  We must make every effort possible at all levels to insure a repeat of the tragic events that have affected our communities and our families never happens again."

Murphy also crafted legislation that would require Metro North to provide safety briefings to passengers, a bill which was reported unanimously through two Senate Committees. Elements of the legislation have already been put into pratice by agency rule.

Yorktown Supervisor Michael Grace said, "When it comes to ensuring the safety of our residents local municipalities need every common sense option available.  This legislation would provide invaluable technology to towns across the Hudson Valley and I implore the Assembly to pass this common sense measure as soon as they return to Albany.  On behalf of the commuters of Yorktown, and all of their families, I would like to thank Senator Murphy for championing this important initiative."

Bedford Town Councilman Don Scott said, "Our community has been deeply affected by the Metro North tragedy.  With two crossings in Bedford, I wholeheartedly support Senator Murphy's legislation which would improve railroads safety in New York."

Katonah's commuters include passengers from the Katonah-Lewisboro school district and the Katonah zip code portion of eastern Somers, both in Murphy's district. There are 17 dangerous Metro-North Grade crossings in Putnam and Westchester, according to the FRA.

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On Tuesday, July 28, 2015 2:33 PM, Michael Mulraney wrote:
FOR IMMEDIATE RELEASE: July 28, 2015
Contact: Tara Keegan, 845-628-3781 Katz4NY@gmail.com
 
KATZ: WE NEED TO SEE THE PLAN FOR LA GUARDIA OVERHAUL
A statement by Assemblyman Steve Katz (R,C-Yorktown)
 
            Before we begin the overhaul of La Guardia Airport, Gov. Cuomo must show the Legislature and the people of New York a comprehensive financial plan and timeline for the project. Anyone who has traveled in or out of La Guardia can understand the need for a remodeling and an overhaul, but without knowing the full details of the project, neither the Legislature nor the people can properly hold government responsible for delays or increases in cost. New York is the economic and cultural hub of the world, and we deserve an infrastructure that showcases that as much as we deserve a transparent government overseeing the process. Before we break ground on the new La Guardia, the people deserve to know everything about the process. 
 

Bazzo 07/29/15
 
 












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