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A possible tax hit for Sandy’s victims
Wall Street Journal, by Bill Bischoff
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Original Article
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Posted By:LadyVet, 11/8/2012 1:51:24 PM
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| In addition to the tragedy of lost lives and injuries, Superstorm Sandy caused many billions of dollars in property damage. The sad truth: disasters occur every year in America. If you’re unlucky enough to suffer a disaster-related casualty, here’s what you need to know about the federal income tax implications. Theoretically, our beloved Internal Revenue Code allows you to claim an itemized deduction — on Schedule A of your Form 1040 — for personal casualty losses to the extent they are not covered by insurance. Exactly what is a casualty loss?
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Comments: Just keep in mind that this 10% rule was put in the tax code by the DemocRATS in order to raise taxes on the masses without their knowledge. There is no lobby of future hurricane victims, so this was an easy mark for the Congress to make. No hurricane victim was going to invite them to an expensive dinner and talk tax policy or would have the funds left to make a big contribution to their re-election committee.
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Reply 1 - Posted by:
Chief1942, 11/8/2012 2:27:35 PM (No. 9000042)
Hey, hows that progressive/socialism working out for all you NorthEastern pukes? Sitting out here in the nice, warm, Southwest enjoying watching the misery your socio/political ideology has brought upon you.
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Reply 2 - Posted by:
mr smart, 11/8/2012 2:48:13 PM (No. 9000132)
Any countries sending us help? We help other countries.
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Reply 3 - Posted by:
shamrock, 11/8/2012 3:02:47 PM (No. 9000175)
Tax away, when you finally get some power to your shack, you can sit down and write a hefty check to your government. Hee Hee.
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Reply 4 - Posted by:
fayebeck, 11/8/2012 3:07:49 PM (No. 9000189)
A neighbor of mine whose parents live in Jersey and are liberal, says her folks have been without power for almost two weeks and it's really really hell for them. Told the liberal child that at least the parents are breathing clean air. Hope the misery lasts for at least six months for those idiots.
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Reply 5 - Posted by:
LadyVet, 11/8/2012 6:44:50 PM (No. 9000711)
Alicia Colon, a poster here as well as author of posted articles, says that the people on Staten Island voted Republican. Here's wishing them well.
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Reply 6 - Posted by:
beca, 11/22/2012 9:01:07 AM (No. 9029045)
hey nj....you get what you vote for........
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Below, you will find ...
Most Recent Articles posted by "LadyVet"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "LadyVet"
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Deepwater Horizon: the Government on Trial?
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American Thinker, by Bruce Thompson
Original Article
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Posted By: LadyVet- 2/26/2013 6:29:49 AM
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Now that the criminal charges against BP and its drilling contractor have been settled and cannot be reopened under the principal of double jeopardy, we can expect to see an argument develop over who should be responsible when the government takes charge under the National Contingency Plan. (snip)he proved that there was no oil from the well in the annulus at a total depth of about 17,200 feet. That fact alone blows a huge hole through the government´s allegations against former BP VP David Rainey
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A Major Benghazi Terror Bust - Directly tied to al Qaeda.
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Weekly Standard, by Thomas Joscelyn
Original Article
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Posted By: LadyVet- 12/8/2012 10:57:36 AM
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The Egyptian government has nabbed a major terrorist tied to the Sept. 11, 2012 terrorist attack in Benghazi, Libya, (snip) And that terrorist has direct, longstanding ties to al Qaeda leader Ayman al Zawahiri. The captured terrorist is Muhammad Jamal al Kashef (a.k.a. Abu Ahmed), who served as a senior Egyptian Islamic Jihad (EIJ) terrorist in the 1990s and was imprisoned for years. The EIJ was headed by Ayman al Zawahiri, who merged the group with Osama bin Laden’s operation.
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It’s a close call on Susan Rice
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Washington Post, by David Ignatius
Original Article
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Posted By: LadyVet- 12/1/2012 7:48:30 PM
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The Republican assault on Susan Rice is a fabricated scandal, attacking her for repeating CIA talking points, almost verbatim, to explain the Benghazi attacks. The U.N. ambassador’s version, even with its omissions, may turn out to be closer to the truth than some of the inflammatory GOP rhetoric. But just because Rice is being unfairly pilloried, this doesn’t mean she would be a good secretary of state. And it’s a close call on the merits: Given her friendship with President Obama, she would be uniquely able to speak as his emissary. But she would also carry some baggage
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U.S. troops in Afghanistan make hilarious spoof mimicking Miami Dolphins cheerleaders´ video of Call Me Maybe
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Daily Mail [UK], by Staff
Original Article
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Posted By: LadyVet- 11/23/2012 9:07:45 PM
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It´s hard to believe that the Miami Dolphins cheerleaders could be outshone - but it looks like a group of fun-loving soldiers in Afghanistan might have done it. Call Me Maybe by Carly-Rae Jepsen was turned into a music video by the cheerleaders in August, with the ladies splashing around in a swimming pool, writhing on the beach and waving pom-poms. Earlier this month, the soldiers gave them a run for their money with dance moves and lip synching making do with props from their Afghanistan base. Posted on November 11 by Finsproductions who made the Dolphins original video,
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´It´s just desserts!´ Matt Lauer ´set to get the axe´ from Today after ratings free-fall and clashing with co-anchors
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Daily Mail (UK), by Helen Pow
Original Article
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Posted By: LadyVet- 11/22/2012 8:51:38 AM
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After repeatedly clashing with co-anchors and overseeing plummeting ratings, the Today show´s Matt Lauer is reportedly being given the boot. The long-time host, who earns a staggering $21.5 million a year, is being blamed for the NBC morning show´s dismal performance over the past three months and sources claim ratings will only improve if he is replaced. According to The National Enquirer, weatherman Al Roker is plotting to push the 54-year-old TV veteran out of his anchor chair and is lobbying a newly appointed Today producer for help.
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A possible tax hit for Sandy’s victims
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Wall Street Journal, by Bill Bischoff
Original Article
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Posted By: LadyVet- 11/8/2012 1:51:24 PM
Post Reply
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In addition to the tragedy of lost lives and injuries, Superstorm Sandy caused many billions of dollars in property damage. The sad truth: disasters occur every year in America. If you’re unlucky enough to suffer a disaster-related casualty, here’s what you need to know about the federal income tax implications. Theoretically, our beloved Internal Revenue Code allows you to claim an itemized deduction — on Schedule A of your Form 1040 — for personal casualty losses to the extent they are not covered by insurance. Exactly what is a casualty loss?
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BP expresses 'significant uncertainty' about settlement for 2010 Gulf spill
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The Hill [Washington, DC], by Zack Colman
Original Article
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Posted By: LadyVet- 10/30/2012 6:56:38 PM
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The British oil firm BP on Tuesday warned it might be unable to reach a settlement with the U.S. government over the 2010 Gulf of Mexico spill. “BP is in ongoing discussions with the DOJ [Justice Department] and other federal agencies regarding a possible settlement of these claims and whilst it is ready to settle on reasonable terms, a number of unresolved issues remain and there is significant uncertainty as to whether an agreement will ultimately be reached,” BP said Tuesday in its third-quarter earnings report. BP could owe as much as $21 billion in Clean Water Act fines alone, on top of
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Most Active Articles (last 48 hours)
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The most shocking news you won´t see in the MSM today
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American Thinker, by Thomas Lifson
Original Article
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Posted By: magnante- 4/9/2013 11:49:09 AM
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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Obamacare architect Rockefeller: It´s ´beyond comprehension´
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Washington Examiner, by Paul Bedard
Original Article
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Posted By: Drive- 4/10/2013 7:17:19 AM
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West Virginia Democratic Sen. Jay Rockefeller, one of the towering architects of Obamacare, on Tuesday openly criticized program managers for not moving quickly enough to build the system, warning that if it gets off to a bumpy start it will just get worse. Decrying the Patient Protection and Affordable Care Act as way too complex, he warned the acting Medicare director that Obamacare is "so complicated and if it isn´t done right the first time, it will just simply get worse."
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Obama enjoys ´sequester soul concert´ at White House amid massive budget cuts and government worker furloughs
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Business Insider, by Staff
Original Article
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Posted By: Attercliffe- 4/10/2013 4:24:28 AM
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The sequester may have many across the country singing the blues, but for President Obama, it was all about Memphis Soul. Even with the threat of furloughs and government cuts sparked by the sequester, Obama took the time to enjoy a star-studded concert at the White House tonight. The White House celebration of Memphis Soul music in the East Room--which included special guest appearances by Queen Latifah and Justin Timberlake--is likely to rile Obama´s Republican foes. Some conservatives have called on Obama to give up golf, especially since popular public tours of the White House have been canceled because of
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Obama: Put Nation´s 4-Year-Olds in ‘Public Preschool;´ Will Save on ‘Child-Care Costs´
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Cybercast News Service, by Terence P. Jeffrey
Original Article
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Posted By: KarenJ1- 4/10/2013 1:18:38 PM
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In the message he issued along with his budget proposal on Wednesday morning, President Barack Obama said he wants to see 4-year-old children in the United States enrolled in public schools. Obama said America needs to start enrolling 4-year-olds to make sure the children are “better prepared for the demands of the global economy” and to help parents save on "child-care costs." After saying the United States needs to “equip our citizens with the skills and training” to fill jobs in manufacturing, energy and infrastructure, Obama said, “And that has to start at the earliest possible age.”
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Obama´s Army Outmaneuvered by the NRA
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NationalJournal, by Beth Rinehard
Original Article
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Posted By: FlyRight- 4/10/2013 7:18:37 AM
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Although the first votes on gun -control legislation have yet to be cast, by some measures the National Rifle Association has already won. Obama’s ambitious plans to ban assault weapons and limit magazine capacities are off the table, while the NRA suggested it could support the most likely outcome -- expanded background checks -- as recently as 1999. The NRA claims that the president’s efforts have triggered a fundraising surge and boosted its membership from 4 million to nearly 5 million.
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4 annoying ways climate change will make your life a bummer
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The Week, by Chris Gayomali
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Posted By: NorthernDog- 4/10/2013 7:30:26 PM
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Within the next few decades, carbon emissions could cause global temperatures to rise between 4 and 11 degrees Fahrenheit, melting ice caps and causing sea levels to rise. The price of crops like coffee and chocolate will skyrocket, and countless cuddly animals around the globe could be wiped out. And yet, a lot of people find it hard to really care about climate change. But don´t be fooled: Climate change will affect you. Here´s a brief sampling of ways that warmer temperatures will suck the fun out of your life: 1. Your flights will be more turbulent
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Student to Rand Paul: I don´t want government to leave me alone
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Washington Examiner, by Charlie Spiering
Original Article
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Posted By: Maryland_Patriot- 4/10/2013 12:45:12 PM
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During the Q and A session after Sen. Rand Paul’s speech at Howard University, one student explained that he was not a fan of his view of government. “You say you want to provide a government that leaves us alone, quite frankly, I don’t want that,” the student said. “I want a government that is going to help me.” The student insisted that he wanted assistance for his college education and asked if Rand Paul supported a culture change within the nation. “Do you Sen. Rand Paul have a formulated solution to come up with new American values
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AG sues florist who refused flowers to gay wedding
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Seattle Post-Intelligencer [WA], by Joel Connelly
Original Article
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Posted By: KarenJ1- 4/10/2013 2:28:46 PM
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State Attorney General Bob Ferguson on Tuesday filed a consumer protection lawsuit against Arlene’s Flowers & Gifts, a Richland florist that refused to supply flowers to the same-sex marriage of a longtime customer. Ferguson said he sent a March 28 letter to owner Barronelle Stutzman asking her to reconsider and supply flowers to customer Robert Ingersoll. Through an attorney, Stutzman declined to change her position.“As Attorney General, it is my job to enforce the laws of the state of Washington,” said Ferguson. “Under the Consumer Protection Act, it is unlawful to discriminate
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Outraged Liberals Say Obama Is About To Screw Over The Very People Who Got Him Elected
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Business Insider, by Grace Wyler
Original Article
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Posted By: Desert Fox- 4/10/2013 6:35:42 AM
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Liberals descended on Pennsylvania Avenue Tuesday to protest President Barack Obama´s decision to include entitlement cuts in his upcoming budget, delivering 2 million petitions demanding the White House back off its support for the chained CPI. As we reported this weekend, liberals have been seething over the inclusion of the chained CPI in Obama´s budget, which they see as a huge betrayal by the Democratic president. This week, progressive groups, including MoveOn, the Progressive Change Campaign Committee, and Democracy for America, have mounted "emergency" online campaigns against the proposal, accusing Obama of
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Sebelius: Implementing Obamacare More ´Difficult´ Than Anticipated
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Dreadnought- 4/10/2013 7:21:14 AM
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Health and Human Services (HHS) Secretary Kathleen Sebelius conceded Monday that implementing the Affordable Care Act has been more complicated and frustrating than the Obama administration expected, largely due to Republicans who have opposed the law´s state-based exchanges and Medicaid expansion. "The politics has been relentless and that continues," Sebelius said. "There was some hope that once the Supreme Court ruled in July, and then once an election occurred there would be a sense that, ´This is the law of the land, let´s get on board, let´s make this work.´"
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Ron Johnson’s JCPenney: Anatomy of a Retail Failure
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Yahoo! Finance, by Jeff Macke
Original Article
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Posted By: athina- 4/9/2013 9:45:34 AM
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In a stunning end to one of the most aggressively unsuccessful tenures in retail history, JCPenney (JCP) last night announced that CEO Ron Johnson would be leaving effective immediately. Myron Ullman, Johnson´s predecessor at JCPenney, takes office as CEO. When Johnson was initially wooed by JCPenney, it was to serve as CEO with Ullman as Chairman. In January 2012, Ullman was unceremoniously removed from the board. Gone with Ullman was any control the Board of Directors had over Ron Johnson and his control of JCPenney resources. Headline corrected by Staff
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CA Proposes Law to Force Insurance to Cover Homosexual ´Infertility´
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Breibart´s Big Government, by Breitbart News
Original Article
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Posted By: athina- 4/9/2013 10:00:36 AM
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The state of California is reportedly considering legislation that would force group insurance policies to provide infertility treatment for gay and lesbian couples. Two men who have sex with each other for a year and do not produce a baby would be considered “infertile” under the proposed legislation. So would two women having sex. Since biology does not allow those without a uterus to conceive or those without a penis to impregnate, every year-long gay couple in California would potentially be covered by this new provision of California law.
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