View Full Version : Proposed new gas tax
Uncle Matt 02-09-2009, 06:51 PM I just saw that our fine Gov. Patrick is thinking about proposing a new .27/gallon gas tax on fuel sold in the commonwealth. According to the news that would make our gas prices the highest in the nation. I wasn't really listening because I kind of wished the devil would die a cruel and painful death. But is that on top of what we already pay?
Let's raise the flag on this one - :bs:
striperman36 02-09-2009, 07:01 PM Yes, Weld raised last time.
Rumor is CaddilacDeval is on the short list for HHS.
Let's hope he accepts.
Raven 02-09-2009, 07:40 PM he's all talk and no action
striperman36 02-09-2009, 07:53 PM they are also proposing a pay as you drive tax tied to a chip in your inspection sticker. That means big brother will be watching!!
And if you park by your UDL's for big mama's somebody could hack into find your spots!!!
I see you were at Pole 316 last night, nice fish btw, must what 50 lbs.
Mike P 02-09-2009, 08:16 PM Yes, Weld raised last time.
Rumor is CaddilacDeval is on the short list for HHS.
Let's hope he accepts.
You really think that Tim Murray is going to be any better? :hs:
Whether he takes it or not--if he approves these two measures, he has one term wonder written all over him.
But hey--it's for the children, after all :rollem:
"Together we can"---drown
striperman36 02-09-2009, 08:19 PM You really think that Tim Murray is going to be any better? :hs:
Whether he takes it or not--if he approves these two measures, he has one term wonder written all over him.
I didn't think there is any difference between any of them.
He'll probably apply to get his pension too when he leaves and hang out at the SweetPea Rancho.
He can already write the place off now that he hosted all the state flaks out there.
Slipknot 02-09-2009, 08:25 PM If that chip thing ever makes it, which it won't, there would be another Boston Tea Party. Maybe it's time anyway:wall:
leo33 02-09-2009, 08:31 PM funny their was no talk of a gas tax before the income tax vote.
striperman36 02-09-2009, 08:32 PM If that chip thing ever makes it, which it won't, there would be another Boston Tea Party. Maybe it's time anyway:wall:
they'll know you were there. unless you took mass transit :laugha:
BigFish 02-09-2009, 10:24 PM These politicians need to start thinking on the common mans level for a change......you know....the folks that vote them in!!!!? Unemployment at a 40 year high and going higher......people that do have jobs are suffering cuts in pay, cutbacks in hours, and their employers are making them kick in a few more bucks for their health insurance!!!! Gas is expected to go up again, food costs are through the roof and folks are bending over backwards to make ends meet and these friggin arse holes want to tax us six ways till Sunday to make up for lost revenue!!!!!!!!!!!!!!!!!!! Boston Tea Party???? How about just an old fashioned :hang:neck tie party for these stupid sons o' bitches!!!
striperman36 02-09-2009, 10:28 PM to quote
Transportation Secretary James Aloisi. "A user-fee based system, collected electronically, is a fair way to pay for our transportation needs in the future."The draft says the "average user will pay about an additional $120 per year, less than the cost of two small Dunkin' Donuts coffees per week." Last month, Aloisi downplayed a new $6 annual Turnpike Fast Lane transponder fee as less than the cost of his turkey sandwich that day.
So you don't have to complain about DD anymore!!
Motor Fish 02-09-2009, 10:36 PM ...people that do have jobs are suffering cuts in pay, cutbacks in hours, and their employers are making them kick in a few more bucks for their health insurance!!!!
Unless you work for the state, of course...:wall:
That job transfer to North Carolina isn't looking to bad anymore.
Mike P 02-09-2009, 10:41 PM If that chip thing ever makes it, which it won't, there would be another Boston Tea Party. Maybe it's time anyway:wall:
I wonder if they'll implant the chip in an R sticker? :rollem:
Mike P 02-09-2009, 10:43 PM Unless you work for the state, of course...:wall:
Guess again.
Raven 02-10-2009, 05:06 AM i'm ready to start throwing tea..... over board !!!
did ya see on the news where the people dumped couches
on the lawn of the banker that made 400 million bucks
to send him a clear message :doh:
buckman 02-10-2009, 06:56 AM These politicians need to start thinking on the common mans level for a change......you know....the folks that vote them in!!!!? Unemployment at a 40 year high and going higher......people that do have jobs are suffering cuts in pay, cutbacks in hours, and their employers are making them kick in a few more bucks for their health insurance!!!! Gas is expected to go up again, food costs are through the roof and folks are bending over backwards to make ends meet and these friggin arse holes want to tax us six ways till Sunday to make up for lost revenue!!!!!!!!!!!!!!!!!!! Boston Tea Party???? How about just an old fashioned :hang:neck tie party for these stupid sons o' bitches!!!
I agree 100%. Let's see a show of hands on who voted for this idiot. My hands down. The Democrats in this state can pay for all of us. They want change, hope, etc. and continue to vote based on emotion rather then common sense. then they should pay for the change they crave. :mad:
BigFish 02-10-2009, 07:22 AM This gas tax goes through your gonna see BigFish on the Statehouse steps with a sign....any guesses what it might say?!:wid:
Clogston29 02-10-2009, 07:36 AM obviously nobody wants to be taxed, but what are some other recomendations to raise money to pay for infrastucture improvements? gas tax seams pretty fair in that the burden paid by each person reflects their use of the system. i'd like to see the numbers behind the value that they came up with though. infrastructure improvements = jobs aswell (full disclosure - my job is one of those jobs).
trust me, the reports that our roads and bridges in MA are amongst if not the worst in the country are valid. something needs to be done. you'd be amazed what some of our structures look like up close.
striperman36 02-10-2009, 07:55 AM obviously nobody wants to be taxed, but what are some other recomendations to raise money to pay for infrastucture improvements? gas tax seams pretty fair in that the burden paid by each person reflects their use of the system. i'd like to see the numbers behind the value that they came up with though. infrastructure improvements = jobs aswell (full disclosure - my job is one of those jobs).
trust me, the reports that our roads and bridges in MA are amongst if not the worst in the country are valid. something needs to be done. you'd be amazed what some of our structures look like up close.
Again the sins of the father being paid by the sons and daughters. Our state cut road improvements for 30 years. Now we have the big dig debt and a massive catchup cost on infrastructure.
I just don't believe taxing in a down way down economy is the way to get us out of the downward spiral.
Tax cuts and spending
likwid 02-10-2009, 08:01 AM any guesses what it might say?!:wid:
"I'm a slacker who took the day off from work like the rest of these tools when I should be working on a letter writing campaign to my legislature."?
likwid 02-10-2009, 08:03 AM According to the news that would make our gas prices the highest in the nation.
MA state avg is $1.88
AK state avg is $2.51
Your news station has awesome math skills.
The Dad Fisherman 02-10-2009, 08:24 AM but what are some other recomendations to raise money to pay for infrastucture improvements? gas tax seams pretty fair in that the burden paid by each person reflects their use of the system.
here is the Rub.....The Gas tax is, according to the reports, to be used to pay for the Big Pig...er I mean Dig and for the MBTA Debt.
I don't live in Boston, I don't work in Boston or the Surrounding Communities.....So why do I have to pay for something I don't use.
If you want me to help pay then why not just increase tolls and Fares.....that way the people using these systems will be paying for them, and If I have to use one of them then I will be paying my Fair share..... Is it fair for people in Western MA to be paying for the Big Dig, a lot of them have never even seen it or for the "T" when they don't use it.
Raven 02-10-2009, 08:25 AM This gas tax goes through your gonna see BigFish on the Statehouse steps with a sign....any guesses what it might say?!:wid:
http://i25.photobucket.com/albums/c66/ravenob1/sign-GUYS/dump-sign.png
EarnedStripes44 02-10-2009, 10:40 AM They should tax gas into oblivion.
buckman 02-10-2009, 11:24 AM obviously nobody wants to be taxed, but what are some other recomendations to raise money to pay for infrastucture improvements? gas tax seams pretty fair in that the burden paid by each person reflects their use of the system. i'd like to see the numbers behind the value that they came up with though. infrastructure improvements = jobs aswell (full disclosure - my job is one of those jobs).
trust me, the reports that our roads and bridges in MA are amongst if not the worst in the country are valid. something needs to be done. you'd be amazed what some of our structures look like up close.
We don't need to increase dollars spent we just need a common sense approach. Lets say we cut the cop details, fund the improvements in one shot rather then dragging every freakin bridge rebuild out for 7 years. Get a grip on the hand outs to companies like Visa Flash etc. The waste factor alone should piss you off.
Isn't this what they said would happen if we eliminated the income tax. Well most of you voted to keep it and now your getting screwed again. Just bend over and ask for another. You will!
buckman 02-10-2009, 11:26 AM They should tax gas into oblivion.
They should tax stupidity :1poke:
Bronko 02-10-2009, 11:26 AM here is the Rub.....The Gas tax is, according to the reports, to be used to pay for the Big Pig...er I mean Dig and for the MBTA Debt.
I don't live in Boston, I don't work in Boston or the Surrounding Communities.....So why do I have to pay for something I don't use.
If you want me to help pay then why not just increase tolls and Fares.....that way the people using these systems will be paying for them, and If I have to use one of them then I will be paying my Fair share..... Is it fair for people in Western MA to be paying for the Big Dig, a lot of them have never even seen it or for the "T" when they don't use it.
You are on a slippery slope TDF. Is it fair for me to have tax dollars go to public schools if I don't intend on sending my children to them? Is it fair that my tax dollars go to social programs that I not only don't believe in, but am disgusted by? Is it fair some of my tax dollars go to a monument or park in another corner of the state? The bottom line is these pigs want ALL your money and they want you to STFU. Even in the arguably the worst economic crisis in our countries history, these scumbags are lined up with their hands out trying to get some table scraps for their pet projects and special interests. It is sickening.
BigFish 02-10-2009, 11:27 AM The stupidty tax would erase the national debt in an afternoon.:jester:
EarnedStripes44 02-10-2009, 11:42 AM They should tax stupidity :1poke:
Your absolutely right.......it is a free good. :tooth:
fishbones 02-10-2009, 11:51 AM Your absolutely right.......it is a free good. :tooth:
Not entirely true. Many of us end up paying for the stupidity of others, over and over.
fishbones 02-10-2009, 11:53 AM Guess again.
Mike, do you do legal work for the state like drug court, court appointed counsel, etc....?
RIJIMMY 02-10-2009, 11:56 AM Clogston, how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements.
Swimmer 02-10-2009, 12:02 PM Find all the no-show jobs, zero out the line item that pays them.
Let Deval fire some/all of the 1900 people/friends he personally put on the payroll since he was elected.
Take all the state issued cars back from people that drive around in them.
Don't hire any firm thats performs so poorly it hires a lobbyist/consultant (ex state rep./senator) to get back in the good graces of state government.
And for all of us to actually not re-elect these nitwits every four years. And in that regard it is our fault that these idiots are the way they are. They become more and more emboldened every time they are elected, because they get up in the morning and when looking in the mirror they say, " hey it must be what they want they voted for me"!
Its always more, more, more. Gimee, gimee, gimee. Somebody has to start saying no more.
Beyond that, "let the revolution begin"!
Slipknot 02-10-2009, 01:00 PM Find all the no-show jobs, zero out the line item that pays them.
Let Deval fire some/all of the 1900 people/friends he personally put on the payroll since he was elected.
Take all the state issued cars back from people that drive around in them.
Don't hire any firm thats performs so poorly it hires a lobbyist/consultant (ex state rep./senator) to get back in the good graces of state government.
And for all of us to actually not re-elect these nitwits every four years. And in that regard it is our fault that these idiots are the way they are. They become more and more emboldened every time they are elected, because they get up in the morning and when looking in the mirror they say, " hey it must be what they want they voted for me"!
Its always more, more, more. Gimee, gimee, gimee. Somebody has to start saying no more.
Beyond that, "let the revolution begin"!
:claps: :btu: YEP
fix the problems, stop the wasteful spending don't tax us more. I can't understand why people vote for polititions that want to spend more money and make more government:hs:
People don't build big businesses by allowing wasteful spending, they budget and hold to it, why can't it be done with government? :af: no accountability
The Dad Fisherman 02-10-2009, 01:12 PM Yeah, I know its a slippery slope.....but the whole reason they are now talking gas tax is because this is what they originally wanted to do.....raise tolls and fares to pay for it....but all the people that actually use it Pissed and Moaned about it.......So now we ALL get to pay for it.
I guess That friggin Big Dig just rubs me the wrong way.....
You are on a slippery slope TDF. Is it fair for me to have tax dollars go to public schools if I don't intend on sending my children to them? Is it fair that my tax dollars go to social programs that I not only don't believe in, but am disgusted by? Is it fair some of my tax dollars go to a monument or park in another corner of the state? The bottom line is these pigs want ALL your money and they want you to STFU. Even in the arguably the worst economic crisis in our countries history, these scumbags are lined up with their hands out trying to get some table scraps for their pet projects and special interests. It is sickening.
BigFish 02-10-2009, 01:21 PM Swimmer For Governor!:soon:
FishermanTim 02-10-2009, 01:40 PM [QUOTE=.....The bottom line is these pigs want ALL your money and they want you to STFU. Even in the arguably the worst economic crisis in our countries history, these scumbags are lined up with their hands out trying to get some table scraps for their pet projects and special interests. It is sickening.[/QUOTE]
Lined up with their hands out, looking for SCRAPS????
It's more like their treating each and every budget as an "All you can eat" buffet, and they are using all the dinner plates and left us the saucer from a kids tea set.
Have you noticed that there has not been any mention at all about the state cutting back on any of their perks? Why don't they cut out the crap on capital hill FIRST, and then come back to us when they get their heads out of their a$$es, and then maybe we'll believe in them again. Until that time, they are nothing but worthless piles of bullsh**, and should be treated as such!
Added note****
The only mention was that the mayor and his staff were going to take a 3% pay cut. Sounds pawltry, but it shows they've got the balls to do something positive in these hard times.
Clogston29 02-10-2009, 02:35 PM Clogston, how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements.
your right about that, there is money to be saved there. problem is, if you cut the pensions of state transportation officials, you'll have to raise their salaries or they will just leave and work in the private sector. at least for engineers, state employees are underpaid in terms of annual salary. their other "perks" like pension, more vacation time, more holidays, etc. make up for that fact. last time i was looking around, private jobs were more than 10% higher. they need to find a balance. I don't know where that balance is and what will end up costing the state more in the long run.
the unions for state workers are another issue. some laborers are making obscene salaries just because they have been at (name your state transportation agency) for X years.
as far as people who don't commute into boston not wanting to pay for it, i think you just need to take a more "global" (or statewide) view. the state infrastructure on the whole is %$%$%$%$ed, not just in boston. and the state manages almost all roads and bridges in the state. the money raised from a gas tax will essentially get distributed proportionally to where/who the money comes from because the state's infrastructure is distributed proportionally to the commuting population. essentially, its all one fund. for example, when all those piece of crap bridges in groveland and haverhill spanning the merrimack get repaired/replaced/inspected, the money will come from the statewide transportation budget, not a collection of people in those towns.
there are lots of areas of state government that need to be made more efficient (i'm certainly not arguing that). I just feel that if the state needs money to fund infrastructure repairs and can provide backup to the value that they want to tax, somebody needs to pay for those repairs, that a gas tax IMO is a fair way to distribute the burden.
The Dad Fisherman 02-10-2009, 02:55 PM I don't have a problem with paying the tax to improve the roads and bridges, the money does have to come from somewhere, but 1/2 that tax is going to the MBTA and other transit authorities.
"The plan calls for the state's Highway Division to receive $325 million, or 12.5 cents, of the added 27 cents-per-gallon gas tax. The MBTA would receive $286 million, or 11 cents, while the regional transit authorities would receive $39 million, or 1.5 cents."
If the "T" needs money....raise the fares for the people that use it.....and If I decide to use it I will pay for it.
and how about this tidbit on top of it......now you will be taxed on how much you travel....
"Tolls would be removed west of Route 128 by the end of next year. Tolls within Route 128, from Weston to Boston, would come down as the state shifts to a program of tracking -- and charging -- all drivers based on the miles they travel.
Trips would be measured by a chip installed in a vehicle inspection sticker as soon as 2014"
sokinwet 02-10-2009, 03:02 PM "how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements."
Yea Jimmy...and why don't we just eliminate your social security benefits too....been paying in for your whole career. I don't give a damn...:doh:
BigFish 02-10-2009, 03:03 PM Don't we already pay excise tax that goes to upkeep roads and such?? What a load of crap! :exp:
Clogston29 02-10-2009, 03:29 PM the T is 8 billion in dept. they can't raise fares and make that. they are the most poorly run and most in debt transportation department in the country. believe me, i'm not sticking up for them.
public transportation is a necessary evil IMO. I don't think that there is a self sustaining bus/rail authority in the country. all rely on tax subsidaries to be able to provide a service at a cost that keeps people using the service. they benefit the transporation system as a whole by reducing traffic demands (which would raise infrastructure costs) and are environmentally friendly.
rumors are that they are increasing their fares on the order of 40-50% this year anyway. and they already doubled parking rates. trust me, you'll see the results of that in increased traffic.
fishbones 02-10-2009, 03:53 PM "how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements."
Yea Jimmy...and why don't we just eliminate your social security benefits too....been paying in for your whole career. I don't give a damn...:doh:
I'm not trying to be flip here, but do state employees pay into and receive social security benefits as well as their pensions?
Mike P 02-10-2009, 03:58 PM Mike, do you do legal work for the state like drug court, court appointed counsel, etc....?
No, I'm employed full time by the state.
Patrick wants to cut my agency by 13% for FY 2010. And I currently pay 25% of my monthly health insurance costs.
I don't know of too many--if any--rank and file state employees who won't be affected by budget cuts. They'll either be layoffs or unpaid furloughs, and everyone will have to kick in more for their health benefits. That state workers won't also suffer the same effects Larry mentioned is a fallacy---unless your talking about the Hackarama which just got a 5.5% increase in their base salary.
The only agency that I'm aware of so far that hasn't been asked for cuts is the state Corrections Department. Even the DAs offices across the state are facing an 8% cut.
Mike P 02-10-2009, 04:02 PM I'm not trying to be flip here, but do state employees pay into and receive social security benefits as well as their pensions?
No, we do not pay into SS. We can receive SS retirement benefits only if we paid into SS from earlier employment. We have our own pension fund, and we have to work 10 years to vest.
After 20 years the pension benefit is 80% of your last year's salary---fully taxable.
RIJIMMY 02-10-2009, 04:06 PM "how about eliminating the pensions for state workers? Most public companies have. Right there , you'd save enough to fund the improvements."
Yea Jimmy...and why don't we just eliminate your social security benefits too....been paying in for your whole career. I don't give a damn...:doh:
who pays in to a pension? Its funded by the government, aka, taxpayers, aka me and you. The time needs to come soon where the public employees need to have the same benfits as those that pay their salaries. Many firms in the public sector are eliminating 401k match, and other perks to save money. The state may need to do that to, is that such a radical idea?
And by the way, my social security has been eliminated.
Mike P 02-10-2009, 04:24 PM And by the way, my social security has been eliminated.
Really??--under what exemption from paying into it do you and/or your employer fall?
Wages not subject to tax
Workers are not required to pay Social Security taxes on wages from certain types of work:[102]
Wages received by certain state or local government workers participating in their employers' alternative retirement system.
Net annual earnings from self-employment of less than $400.
Wages received for service as an election worker, if less than $1,400 a year (in 2008).
Wages received for working as a household employee, if less than $1,600 per year (in 2008).
Wages received by college students working under Federal Work Study programs, graduate students receiving stipends while working as teaching assistants, research assistants, or on fellowships, and most postdoctoral researchers.
Earnings received for serving as a minister (or for similar religious service) if the person has a conscientious objection to public insurance because of personal religious considerations, but only for "qualified services" performed for a religious organization.
Other minor exceptions
RIJIMMY 02-10-2009, 04:36 PM My paying into it has not been eliminated, but any benefit I'll receive from it is gone? I think its pretty well understood that no one under 40 will see a dime of their SS.
tattoobob 02-10-2009, 04:44 PM What we need is an "out of state workers tax" they should pay to work in our state. they should put toll booths at the boarder of every state.
If they are going to benefit by coming to our state for work then they need to pay.
RIJIMMY 02-10-2009, 05:04 PM What we need is an "out of state workers tax" they should pay to work in our state. they should put toll booths at the boarder of every state.
If they are going to benefit by coming to our state for work then they need to pay.
They do pay Bob, I work in RI, live in MA and 90% of my taxes go to RI.
MA gets a small percentage of my tax. I am sure the same applies to those that work in MA and live outside the state.
sokinwet 02-10-2009, 05:43 PM Jimmy -I used to respect your opinions but it's pretty obvious that shooting from the hip is your MO lately (like since the election). Like most of the other anti gov't employee blowhards you have no clue on what the MA state pension system is all about or how it functions. As Mike P. pointed out we don't get SS benefits if we didn't pay "enough" into it from a previous job and the 10 yr. vesting requirement is correct ; but it's a little different than what he stated. Here it is in a nutshell in case you might actually want to know before your next rant. There are different classifications for employees and these classifications determine at what age you can retire. Here's the formula for "regular" gov. employees: (police and fire have different age of retirement criteria) length of service x age multiplier x avg. of three highest earning years. There is no 20 or 30 yrs. and out provision. If you retire @ 55 your multiplier is .015..increases to .016 at 56 and goes to a max. of .025 at 65. Currently most state and municipal employees pay 9% of salary into the PENSION FUND; some like me pay at the level at the time they entered the system. I've been working for municipal gov. for 32 yrs. so I pay 7%. Max. pension is 80% of your annual salary. You don't pay a friggin thing towards my retirement it comes from the Pension fund...and as a matter a fact because I did pay into SS but don't have enough quarters to get any SS upon retirement I hope you don't get any...because just like you I don't like the idea of my $$ going to pay for someone else...hope your 401k doesn't go belly up.
RIJIMMY 02-10-2009, 06:58 PM Jimmy -I used to respect your opinions but it's pretty obvious that shooting from the hip is your MO lately (like since the election). Like most of the other anti gov't employee blowhards you have no clue on what the MA state pension system is all about or how it functions. As Mike P. pointed out we don't get SS benefits if we didn't pay "enough" into it from a previous job and the 10 yr. vesting requirement is correct ; but it's a little different than what he stated. Here it is in a nutshell in case you might actually want to know before your next rant. There are different classifications for employees and these classifications determine at what age you can retire. Here's the formula for "regular" gov. employees: (police and fire have different age of retirement criteria) length of service x age multiplier x avg. of three highest earning years. There is no 20 or 30 yrs. and out provision. If you retire @ 55 your multiplier is .015..increases to .016 at 56 and goes to a max. of .025 at 65. Currently most state and municipal employees pay 9% of salary into the PENSION FUND; some like me pay at the level at the time they entered the system. I've been working for municipal gov. for 32 yrs. so I pay 7%. Max. pension is 80% of your annual salary. You don't pay a friggin thing towards my retirement it comes from the Pension fund...and as a matter a fact because I did pay into SS but don't have enough quarters to get any SS upon retirement I hope you don't get any...because just like you I don't like the idea of my $$ going to pay for someone else...hope your 401k doesn't go belly up.
That is funny, because I have been in the Pension industry for close to 15 years and I have presented at least a dozen times to many different facets of the MA state pensions. So like it or not, you've paid blowhards like me to get in front of your boards to discuss investments that they have YOUR money in. funny huh?
So just curious, you pay in 7% and you're guaranteed 80% of your salary when you retire. Thats quite an investment! Do you think all that money comes from magical money fairies? What if the pension fun tanks (btw, its tanked! they invest it in stocks, bonds etc), do you still get your 80%? Yes! The money fairies (also known as taxpayers) pay it for you! Your pension is FUNDED and you also pay into it.
Dont get me wrong, I would give my left nut (literally) to pay 7% of my salary and have 80% when I retire. But unfortunaley I and most other workers no longer have that benefit and never will. So as states need to cut money, why not make state workers EQUAL to other industries? You dont lose your $, the state cashes you out, as if you retired today, and then sets up a 401k or other plan which employees fund? I agree it sucks, but it also sucks that people taxpayers fund get better benefits than themselves.
likwid 02-10-2009, 06:58 PM Many firms in the public sector are eliminating 401k match, and other perks to save money.
God bless working for a privately owned 100% matching company. :bl:
RIJIMMY 02-10-2009, 07:04 PM I've had lunch with Stan a few times....
http://www.projo.com/massachusetts/content/EB_MASS_PENSION_9_10-09-08_3ABSC4K_v10.38fdbdf.html
And as far as this "shoot from the hip" crap lately about my posting. I have been BATTERED for years out here defending my beliefs and sometimes unfortunaley defending our previous president. Now its YOUR turn. I promise, I will use FACTS when I shoot from the hip. Unlike most of the BS spouted by liberals.
fishbones 02-10-2009, 08:54 PM They do pay Bob, I work in RI, live in MA and 90% of my taxes go to RI.
MA gets a small percentage of my tax. I am sure the same applies to those that work in MA and live outside the state.
I'm in the same boat as you, Jimmy. But I wouldn't say that Mass gets a "small amount of my tax". Mass gets it's share and RI gets its share. It's called a "piggy back" or reciprocal tax. I have payroll take out extra each week so I don't get killed at tax time. I learned the hard way a couple of years ago. I guess if Mass raises the gas tax, I'll buy all of my gas in RI and feel like I'm making out a little.
sokinwet 02-10-2009, 09:10 PM Jimmy -- Since I have a vested interest I'm quite aware of the losses to the fund, its current value and the ramifications of unfunded pension liabilities. I'm also aware that the pension fund has earned well above the norm until the current plunge. Despite what you say the pension fund is not currently using "taxpayers" money to pay current pensioners. Could there be a problem in the future...sure..there could also be a return to the 15% earnings of "06". I'm willing to bet "Stan & Tim" are correct in their assumptions about the long term health of the system. Maybe you can ask Stan next time you "do lunch". So I guess I'm supposed to cash out my 32 yrs. of investment in the pension system, forget about any interest my money has earned and just return that money to Joe taxpayer...and of course you'll do the same with any investment earnings you have just to be fair?
Perhaps you should give your left nut..or maybe you should have considered working for the public sector, for far less than what you could have earned in the private sector, because the retirement plan provided a decent living that would allow you to retire and fish & hunt before you're too old to enjoy it.
PS Don't remember too much "battering" of republicans here until recently...just Spence taking it on the chin day in and day out.
And ...
"I will use FACTS when I shoot from the hip. Unlike most of the BS spouted by liberals." What hip was that shot from?
spence 02-10-2009, 09:26 PM A few comments...
If pension funds are Federally insured then they are in trouble. So many big company pensions have gone under that the system to protect them is nearly broke.
I only have a small pension with a former employer, and nearly all of my 401K, which is the bulk of my retirement savings has been seriously beaten down in the past 6 months. All things considered I think I'm in good shape though.
I don't believe SS is dead and I do expect to get benefits when I retire, and that's a few decades off mind you. I'm well aware of the issues but there's time to correct.
Not sure what Sokinwet means by "taking it on the chin"...like a boxing match or UFC match, most blows don't really land and don't score points. In fact, I've yet to see someone really connect :hee:
-spence
fishbones 02-10-2009, 09:50 PM Hey Spence,
I think he means that you are a lonely liberal being picked on by all of us mean conservatives. But you usually hold your own. You also do a pretty good job of defending yourself from all of us nasty, Fox news watching evil doers.
Mike P 02-10-2009, 10:36 PM They do pay Bob, I work in RI, live in MA and 90% of my taxes go to RI.
MA gets a small percentage of my tax. I am sure the same applies to those that work in MA and live outside the state.
So you pay virtually nothing here but think I shouldn't get a pension.
Up yours.
Clogston29 02-11-2009, 06:15 AM if you work in ma, you pay ma income tax
if you live in ma but work in another state, you pay ma the difference between ma tax and the other state's tax if that states tax is less tha ma. so if you live in ma and work in nh (no income tax) you pay full ma income tax on the income you earn in nh.
sokinwet 02-11-2009, 06:59 AM Hey Spence - Not UFC or boxing...more like one of those Bruce Lee movies where all the thugs circle around and attack one at a time and....well I guess you've probably seen the movies!:gorez:
RIJIMMY 02-11-2009, 08:50 AM So you pay virtually nothing here but think I shouldn't get a pension.
Up yours.
I suggested that one potential solution to save INCREASES in taxes was to look at the pension system for public employees. The pension system costs taxpayers 1.7 Billion per year and is a benefit most employees do not get.
I guess I'm crazy, lets increase the gas tax by .27 cents. That will bascially eat up any "stimulus" people receive from Obama and will further drive those in need, further in the hole. Silly of me to think there was a solution other than raising taxes! :love:
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