Memeorandum


Powered by TypePad

« Score For Moore | Main | Meanwhile, Down In Puerto Rico »

September 27, 2017

Comments

Thomas Collins

Has Paddy's Place quoted an over/under on the number of pages this simplification legislation will consume? By the time all the deals are cut and the transition rules applying to a single taxpayer are written in, I'll say 878 as the over/under.

Thomas Collins

I think the two most sure things about this legislation are (i) estate and generation skipping tax survives, and (ii) state and local tax deduction survives.

glasater

TC, speaketh the tax attorney amongst us.. ;-)

 joan

Oh, Tom Collins, if it makes the blue states scream (your II) I hope you're wrong.

iirc, you live in a blue state -- and I hope my recollection is incorrect. But I am so sick of blue states and their arrogance.

glasater

IOW, long live the swamp wouldn't you say, TC.

Clarice Feldman

I hope you're wrong, TC.

Nytol.

 joan

Those ii's weren't supposed to be capital letters. Don't know how I did that.


henry

Oooh, TM's CT among the hardest hit on state and local tax.

henry

And this whole thing dies in the Senate, assuming it gets that far.

 narciso./

See the temptation is for them to do something stupid ( crazy I know) like look at the chenga like structure of real estate supporting the s&ls in the 80s and lower the deductability

Likewise raising 200% the tariff on imported British airplane parts.

henry

Cue the sideshow Bob and the rakes gif.

That is the senate with this bill.

Ralph L

This would be a good time to get rid of the mortgage deduction--interest rates haven't been this low since when, early 70's? Makes another RE bubble less likely, too.

 narciso./

No the clown shoes arent to scale

 narciso./

Carrying over from the other thread

http://gcaptain.com/american-maritime-industry-fights-back-false-claims-regarding-jones-act-relief-efforts-puerto-rico

Don't ask master logistics strategist mark Anthony though

Ralph L

lower the deductability
They already did that.

 narciso./

That was just an example. Making certain properties interest rate sensitive. Then greenspan stepping g on the accelerator wee another.

Miss Marple the Deplorable

Ginger McQueen‏ @GingerMcQueen 54s54 seconds ago

Ginger McQueen Retweeted CNN

This should help the NFL tremendously. CNN did a Town Hall with Spike Lee lecturing Gold Star families about how they're wrong. #CNNTownHall

Miss Marple the Deplorable

And I am off to bed.

Nytol!

Captain Hate

NFL Fans: Stop acting like idiots, players and owners

NFL Players and Owners: It's not an act

fdcol63

Drudge reporting that Hugh Hefner is dead at 91.

I thought he was such a sad old man.

simply stupid

Not sure if this was posted but real reason Corker retiring http://www.breitbart.com/big-government/2017/09/20/law-firm-backing-luther-strange-set-up-sweetheart-deal-for-bob-corker-in-alabama-retail-development/
Breitbart intentionally blowing smoke about Kushner. Trump let Bannon carry the day intentionally. There will be more Rino hunting in the future.

Also does anyone not think that Elmer Fudd did not know the lay of the land in Alabama.

As everyone says patience. Elmer Fudd gave an excellent speech that unfortunately no one saw about the Free Speech hypocrisy on college campuses and the administrators are on notice.While he was doing that Miss Lindsay had his nice little debate about the special counsel being inferior to President and the President's right to fire Mueller. Bottom line is the Liberal law professor conceded that the law has has been turned into politics. That who can prevail in public opinion will be able to rule the day. Boy do they think their staged hearings amount to anything and do they not perceive the utter disgust and contempt that the majority have of Congress.

In addition , Elmer is in the biggest cesspool so he has to do the work at a slower pace. Recall the indignation regarding DOJ possibly looking into the Asian students claims of discrimination in admissions to the elite colleges.

RattlerGator

Frank, not sure if you noticed that local Tallahassee story but the transgender teacher having the kids learn new pronouns to address the teacher with has been transferred out of that school and away from kids.

Serious proof of the liberal overreach.

This is one of the most liberal counties in Florida and *that* was too much to take. The blowback, my friends, is having an effect.

Captain Haiku

Oh no Hugh is dead
Anything half staff takes on
Another meaning

simply stupid

To paraphrase, REM it is the end of the world as we no it but I feel fine because I am not losing my religion.

Two captivating articles that Wretchard linked to and a Scott Adams blog in recent days leading to the Joseph Conrad Heart of Darkness and the mad scientist Billionaires that we have created (Elon Musk, Sam Altman and Anthony Levandowski and how do you call them angel investors?) http://blog.dilbert.com/post/165585434916/how-a-silicon-valley-investor-does-leadership
https://www.wired.com/story/god-is-a-bot-and-anthony-levandowski-is-his-messenger/
https://pjmedia.com/richardfernandez/2017/09/08/like-the-plague/
Just some food for thought while we discuss the NFL or maybe it is on our playstation.

simply stupid

Somehow it is Kushner's fault that NYC registered him incorrectly http://edition.cnn.com/2017/09/27/politics/jared-kushner-voter-registration-female/index.html

I had to go to Adams street once to get of jury duty since they had me registered twice and the second for which I got the jury summons was at some bogus address and some how the jury duty summons ended up at the correct address even though I had already served recently.

 narciso./

And yet voter id is too much of a reach.

That notion, falls right into that tufnrl line about the difference between clever and stupid

Captain Hate

Hef was always so 50s. I used to laugh at the fake solemn tones that the Playboy Philosophy was referred to as anything more significant than unabashed hedonism. Hef already looked old and stupid by the late 60s when they made the mistake of giving him television exposure. I think there are some YouTubes of the shows with the Sir Douglas Quartet playing while everyone danced with a stick up their asses except some random brothers. And horrible 60s fashions which even bodacious trim couldn't completely save.

Hef was exhibit A that even snagging all the cooch possible doesn't mean you'll look really happy.

 narciso./

Of course, and the ancient Greeks and Romans would say what an amateur. But he did the way down the slimy concourse that David Simon has chosen to chronicle in the deuce.

 narciso./

Slippery slope is what I meant, the golden age that Carlos slim keeps celebrating

lyle

The transition from JOM daily edition to JOM Late Nite™ can be subtle. I submit that "bodacious trim" tonight mark that threshold. You're welcome. 😎

lyle

And, of course, nytol.

RattlerGator

I'll watch from the ledge, but with popcorn in addition to beer.

Posted by: henry | September 27, 2017 at 06:33 PM

Henry, he is making them pay IN SPADES for the authority they have turned over to the Executive and he's going to MASSIVELY exercise that authority. This is why y'all need to calm the hell down over on Lurker's Ledge while you're getting a little sippy sip sip.

Trump's got this well in hand, even if Congress keeps bullshitting around.

* * *

Goodnight, all.

Dave (in MA)

I saw Bodacious Trim open for Uriah Heep at the Arena.

Ralph L

Did anyone know that McCain was on 60 minutes last Sunday? Trump swamped his boat but good.

Ignatz Ratzkywatzky

--I think there are some YouTubes of the shows with the Sir Douglas Quartet playing while everyone danced with a stick up their asses except some random brothers. --

Quintet, CH.

Saw one with Steppenwolf doing Barry Rides Again. If those Playboys boinked liked they danced there must have been a lot of sore, unhappy bunnies.

Ignatz Ratzkywatzky

If DocJ hasn't posted this already Wretchard's latest.

daddy

Namaste' JOMer's, from just down the street from the New Delhi Playboy Club.

2 minute duda

My entire family knelt for the national anthem before Monday's Dallas cowboys game. My son started crying because he wanted to stand but we made him kneel.

We're not sure why we're kneeling we just didn't want to be accused of being racists.


-peter

well, at least Hef did provide a venue for Jean Shepherd to publish his stories

henry

The key to weight loss is steak. And avocados.

Can't fight the science.

Miss Marple the Deplorable

Good morning!

My one and only trip to a nightclub was when I was taken on a date in 1972 to the Cincinnati Playboy Club where we saw a comedian I had never heard of, Don Rickles.

Miss Marple the Deplorable

Daily Mail Online‏Verified account @MailOnline 12m12 minutes ago

Airline passengers suffer major disruption at airports around the world amid reports check in systems have crashed http://dailym.ai/2xEJ1K3

Miss Marple the Deplorable

Greta Van Susteren Retweeted
Nicholas Kristof‏Verified account @NickKristof 55m55 minutes ago

I don't have a column today because I'm in North Korea, doing interviews like this one with a… https://www.instagram.com/p/BZlIaxFAxc0/

==============================

Of course. There's a crisis with an enemy of the US, and the New York Times sends a reporter to the country to do interviews. I hope this idiot doesn't end up a hostage.

henry

Enemy of the US, friend of the NYT. Some things never change.

Captain Hate

Quintet, CH.

Dammit, I'd like to blame that on autocorrect but it was more that I was really really tired as a cold front blowing all the stultifying air away let me get my first good night's sleep in about ten days.

Captain Hate

I hope this idiot doesn't end up a hostage

Let him rot there.

Miss Marple the Deplorable

http://cbs4indy.com/2017/09/27/9-arrested-after-attack-at-illinois-six-flags-leaves-family-hospitalized/

=====

Mug shot of the one adult arrested available.

I think there will be more of this.

Captain Hate

I rest my case:

https://m.youtube.com/watch?v=DIaYO3BkJzw

James D.

I hope this idiot doesn't end up a hostage.

I kind of hope he does.

Miss Marple the Deplorable

http://www.washingtonexaminer.com/john-kasich-refuses-say-trump-leads-the-gop/article/2635607

daddy

off

henry

Idiots attacking in Gurnee? There is a nice Cabelas there. I haven't been to a Six Flags since high school.

daddy

Long OT

For the past year we've all heard the meme drummed out daily by the Left that Russia's interference in America's 2016 US Presidential Election was the most egregious such action of political interference by a foreign entity ever, and with that said they then try to hang collusion with that envisioned crime upon Trump. Well in the last Chapter of The Great Upheaval, author Winik reminds us of another such foreign attempt to influence an American Presidential Election, the Election of 1796 to succeed George Washington.

You'll all recall that during and following the Revolutions in America and in France, Jefferson viewed the French Revolutionaries favorably and the French Revolutionaries viewed him as an invaluable ally, whereas John Adams was considered an unpleasant emissary by the French right from the git-go, way below his beloved co-emissary, Ben Franklin. And when in 1793 the first French emissary of the Revolutionary French Government, Citizen Genet, came to America fomenting problems for President Washington, he was feted and applauded by Thomas Jefferson, while Washington and his Vice President, John Adams, hated Genets guts, so President Washington defused the situation by having France recall Genet. Thus with Washington leaving and an Election coming up for his replacement, it is easy to see that the French preferred Thomas Jefferson over John Adams. So here from Winik is a bit of what happened next:

Page 504: ...Nor was America immune from the (French) Directory's wrathful gaze. They interpreted America's Treaty with Britain as a threat to France, or at least an affront. And so US-French ties quickly began to unravel, and the storm clouds of war again increasingly hovered in the air.

As quick to anger as they were to insult, in a reprise of Edmond Genet, the Directory had dispatched a new emissary, Pierre Adet, who had openly interjected himself into the 1796 American election; this time he sought to swing it from Adams and toward Thomas Jefferson. Actually, he came quite close to succeeding. Eschewing official entertainments in Philadelphia, Adet instead busied himself in manipulating American opinion. Thus, he published a series of menacing essays against America, tartly instructing all true friends of France ("a government terrible to it's enemies but generous to it's allies") to wear the tricolor cockade---and many Americans did. Then he hotly labeled Jay's treaty as an outright alliance with Great Britain, setting the stage for a diplomatic break. And ultimately he announced the suspension of relations between Paris and Philadelphia. Too, like Genet before him, he sought to split Republican from Federalist, American from American, and citizens from their government: "Oh America," he preened, "you who have so often flown to death and to victory with French soldiers...Let your government return to itself." When his silver tongue didn't work, he used intimidation. Far from being clumsy, he actually succeeded in helping to sway Pennsylvania toward Jefferson, thereby diminishing Adam's victory. Just as ominously, the French also announced they would seize American ships carrying goods bound for British ports; within weeks, virtually all American ships became fair game. And salting the wound further, Adet even joined Benjamin Franklin Bache---Benjamin Franklin's grandson---in a widely disseminated pamphlet attacking Washington himself.

Where was all this heading? Alexander hamilton had always believed foreign influence to be the "Grecian horse" of republics, and by this stage, one had to wonder if he was correct. Washington thought so. "It remains to be seen," he wrote "whether our country will stand upon independent ground." Independent ground. Few men believed in it more than the shaky new occupant of the presidency. Yet few men had the odds so seemingly stacked against them. So as the presidency fell to John Adams---he had won by a mere 3 votes---it also fell to him to guide America through a world now indisputably at war.
----------------------
So as Facebook and Congress continue to hide from "we the people" the "Russian Ads" that supposedly threw the Election to Trump, it's worth keeping in mind that the French in 1796 were able to flip the vote for President in Pennsylvania yet evil Putin didn't change a single vote in Wisconsin.

henry

Just ran across this, mind blowing scale in data centers. AWS handles Amazon Prime Day without a blip for other customers. Wow!

Jack is Back!

This will make Glenn Reynolds happy: AK-47 maker, Kalashnikov, has developed a flying car for the military. Well, sort of a flying car.

http://taskandpurpose.com/kalashnikov-ak-47-flying-car-military/

henry

If for no other reason, this part of the Arpaio pardon makes me happy:

Congressional Democrats escalated the battle over former Sheriff Joe Arpaio Wednesday, filing briefs urging a federal judge to ignore President Trump’s pardon and carry out sentencing for the controversial lawman.

They are melting down.

Captain Hate

From the Katshit article:

"I run the seventh largest state in the country," he said. "I have a right to say what I think it means to be a Republican and a conservative. And I am a conservative."

Said on MessNBC, noted conservative forum.

sbw

sbwtweet: .@packers want #NFL fans to hold hands in solidarity? Why? Standing to salute the American flag during the national anthem shows solidarity.

pagar, a bacon, ham and sausage supporter

http://truthfeednews.com/the-numbers-are-in-and-illegals-are-costing-us-a-record-135-billion-each-year/

As near as I can see, not as single leftist cares as long as they promise to bankrupt the USA and vote Democrat.

IMO, the wall can never be completed soon enough.

sbw

Possible tweet: Dear #prog #leftist. What do you owe your country? What does your country owe you? Explain.

henry

BREAKING: White House announces Pres Trump has authorized waiving the Jones Act for Puerto Rico, effective immediately.

Miss Marple the Deplorable

The Associated Press‏Verified account @AP 2h2 hours ago

BREAKING: Reports: China orders most North Korean-owned businesses, ventures with Chinese partners closed under U.N. sanctions.
40 replies 822 retweets 998 likes

Miss Marple the Deplorable

Sarah Sanders‏Verified account @PressSec

At @ricardorossello request, @POTUS has authorized the Jones Act be waived for Puerto Rico. It will go into effect immediately.
5:02 AM - 28 Sep 2017

squaredance

"Oh no Hugh is dead
Anything half staff takes on
Another meaning"

CUrses on you, CH; you beat me to it.

Momto2

"If it's not about the flag, then why in August 2016 did Kaepernick say, "I am not going to stand up to show pride in a FLAG for a country that oppresses black people and people of color"

A handy quote for discussions with those that insist "It's not about the Flag or the anthem or patriotism!"

Miss Marple the Deplorable

Donald J. Trump‏Verified account @realDonaldTrump 24m24 minutes ago

Democrats don't want massive tax cuts - how does that win elections? Great reviews for Tax Cut and Reform Bill.

Miss Marple the Deplorable

http://www.dailymail.co.uk/news/article-4929246/Trump-says-NFL-owners-scared-players.html

I heard this interview this morning. I think challenging the owners by saying they are afraid of the players is pretty smart strategy.

henry

CNBC @CNBC
2m

Gary Cohn: There is 'no room to negotiate' our 20% corporate tax rate proposal

====
we can hope. but Senate dandies will do their thing and strangle this

Miss Marple the Deplorable

http://dailycaller.com/2017/09/27/former-congressman-who-nominated-communist-extremist-to-west-point-aggressively-disavows/?utm_source=site-share

================

Jack,

There sure is a disconnect here on when he was appointed. The first story laid his appointment on the recommendation of a field commander after he had served in Afghanistan. NOW we see that the appointment was by a former democrat congressman after high school.

henry

CNBC @CNBC
now

BREAKING: Final reading on Q2 GDP up 3.1%, vs 3% rise expected

Jack is Back!

Well, Donald J. Trump, neither does the GOPe want massive tax cuts. Mitch McConnell and Paul Ryan will find a way to look heroic while failing to pass it. The Dems are already using typical prog math and hypocrisy: Adds 5 Trillion to National Debt, Favors the Wealthy, etc.

They are trying to trap the deficit hawks and left leaning GOPe SJW's like Collins & Murkowski.

On top of all that we have yet to hear from the Gucci loafer crowd of tax Lobbyists on K Street.

I give it less than a 25% chance of passing.

Captain Hate

Possible tweet: Dear #prog #leftist. What do you owe your country? What does your country owe you? Explain.

I'd be amazed if you got a single insightful and coherent response.

pagar, a bacon, ham and sausage supporter

A Democrat disavows a communist? Amazing!

Miss Marple the Deplorable

pagar,

I think we should review ALL of the appointments of that former Congressman, as well as those of others, including my current one, Andre Carson.

henry

pagar, he disavowed getting caught

Old Lurker

Henry, when you get up, would you please bring me another bowl of popcorn?

Miss Marple the Deplorable

http://m.washingtontimes.com/news/2017/sep/26/miss-america-pageant-agenda-hijacked-by-the-left/

This is an article by Day Gardner, who was the first black Miss Delaware.

henry

OL, might need to start growing more at this rate.

Miss Marple the Deplorable

http://truepundit.com/exclusive-white-house-fingers-mitch-mcconnell-as-media-leak-believes-gop-leader-divulged-sensitive-intelligence-on-trump/

Confidential sources, so proceed with caution.

henry

sounds like the spread discord people at work Miss M. Schumer must be afraid his caucus will vote for the tax reform.

Momto2

Cameron Treadway®‏
@pctreadway

Hilarious watching CNN pay tribute to Hugh Hefner just a week after crucifying @ClayTravis for saying the word "boobs" on TV.

Miss Marple the Deplorable

henry,

That is why I said proceed with caution. There are all sorts of factions spreading rumors. This one happens to play into the dislike of McConnell.

Miss Marple the Deplorable

http://cbs4indy.com/2017/09/28/justin-timberlake-rumored-as-featured-halftime-performer-for-februarys-super-bowl/

=========================================

Yep. Swirling around the drain.

BR

While reading this, Spies, Hollywood And Neocons Team Up To Create New War Propaganda Firm, The Committee to Investigate Russia, with Rob Reiner and Clapper on the advisory board, whose propaganda video is outrageous in itself, I noticed a commenter's quote of Jon Huntsman's even more outrageous statement at his confirmation hearing to be US Ambassador to Russia.

Old Lurker

As TC knows well, the Estate Tax repeal will be an acid test of the concept actually put to words By Obama when it was pointed out to him that a reduction in the capital gains tax rate would actually produce more capital gains tax dollars paid to the government. Obama admitted he didn't care, it would be more "fair".

The Estate Tax raises chump change in actual cash to the government, consumes vast amounts of unproductive spending on lawyers and accountants to minimize it, and, as I mentioned yesterday, freezes billions in assets in less than optimal ownership structures because freeing them for better use is too expensive from a tax standpoint, even though that would be good for the economy. In spite of that, Progs in the Uniparty L & R will want to maintain it as a virtue signal that the uber rich must not be allowed to escape double or triple taxation of their loot.

Even my own Estate Lawyer would refuse my fees if I asked him to start drafting around the assumption that it and the GST will go away.

BR

9-19-17 C-span

Jon Huntsman, Trump (??? didn't anyone vet Huntsman for Trump ???) nominee for U.S. Russian Ambassador Confirmation Hearing - The Senate Foreign Relations Committee

At 00:45:20

“There is no question, underline no question, that the Russian government interfered in the US election last year, and Moscow continues to meddle in the democratic processes of our friends and allies…."

At 00:46:30

"...interference in the US election has led directly to the current low level of trust in the relationship."

At 01:19:00 the anti-Trump question, then answer:

"It’s important to note that the ODNI has spoken. It's a powerful symbol when you get the director of national intelligence, the director of the CIA, the head of the NSA, the head of the FBI, who come together in unison behind their findings. As a consumer of their material for some years, I very rarely see them come together in such a coordinated fashion. Of one mind and one conclusion. So I think that expresses where the facts are with respect to Russia’s involvement in our election.”

__________

Jon Huntsman, Chairman of The Atlantic Council since 2014, known anti-Russia think tank, funded by Soros and Ukrainian Clinton Foundation donor Pinchuk, vipers' nest of Crowdstrike's Alperovitch, Evelyn Farkas and Samantha Power.

If he is that uninformed on the truth about the deepstate Russiahoax, he should not be ambassador to Russia. If he is knowingly in agreement with the war mongering conspirators at the Atlantic Council, even more reason.

Miss Marple the Deplorable

https://twitter.com/__0HOUR1_/status/913270930071326720

Ana Navarro of CNN is in trouble for posting a photoshopped picture of King James. Evidence at link. Graphic on t-shirt was changed.

Extraneus

That True Pundit thing was posted August 24th.

DebinGA

Indicating method to his madness imo, Trump was on Fox and Friends this morning, knowing he'd as asked about the NFL fracas. His answer - "Owners are afraid of their players". As ~70% of the players are AA, that's being dubbed "racist".

Miss Marple the Deplorable

http://www.washingtonexaminer.com/byron-york-the-alabama-senate-vote-its-not-what-you-think/article/2635878?platform=hootsuite

Jack is Back!

It's on.

Being organized on-line by veteran's groups, Academy grads, first responder organizations and sitting military:

"A National total boycott of the NFL is planned for Sunday, November 12th, Veterans Day Weekend.

Boycott all football telecasts. All fans, all ticket holders, stay away from attending any games; let the NFL play to empty stadiums.

Pass this post along to all your friends and family. Honor our military, some of whom come home with the American Flag draped over their coffin. Continue with the weekly boycott of televised games.

They have a right to protest if they want to --- but during the National Anthem is NOT the place or venue! They show an utter lack of patriotism and total disrespect for our Veterans – living and dead – and everything for which they put their lives on the line!!!"

 narciso./

So sending to Moscow, is just deserts, no, its hard to tell the players even with a program nowadays.

So Felix the cat Mueller, have anything in his trick bag,

sbw

I'd be amazed if you got a single insightful and coherent response.

But, CH, your response was insightful and coherent.

Actually, I want to see the pretzel twists.

Miss Marple the Deplorable

https://townhall.com/columnists/kurtschlichter/2017/09/28/gop-can-you-hear-us-normals-now-n2387296?amp=true

While Byron York thinks the Alabama election was about Alabama politics, Kurt Schlichter has a different point of view.

BR

I was wondering who that sad-looking Indian girl was sitting behind Jon Huntsman during his US Ambassador to Russia confirmation hearing.

It's Asha, adopted from an orphanage in India. And then there's a Chinese girl, also adopted as a baby, from China.

What's with these adoptions.

DebinGA

Being organized on-line by veteran's groups, Academy grads, first responder organizations and sitting military

The NFL protest isn't anti-military imo. It's anti-police, but that distinction is being obscured by focus on the anthem and not the public "justice for blacks" statements of the kneelers.

Captain Hate

BOSTON (CBS) -- Boston's five major pro sports teams are uniting to fight racism and hate speech.
The Red Sox, Celtics, Bruins, Patriots and Revolution will launch the "Take the Lead" project Thursday morning at Fenway Park.

I assume this is a week from today. This will be a professional sports Jonestown. This is what going full retard looks like.

 narciso./

You know captain tupolev didn't fire but one volley of torpedoes.

Extraneus

I take it the New England Liberty are not participating?

Miss Marple the Deplorable

This tweet shows a picture of Senator McCain's home. It's very lavish, but Cindy already had a pile of money when they were married.

What I find interesting is that it appears to have an observatory.

https://twitter.com/GabbyInCa/status/912780831273267200

The comments to this entry are closed.

Wilson/Plame