tag:blogger.com,1999:blog-2447438783001404385.post371976041666620017..comments2024-03-28T15:30:05.545-05:00Comments on Jackson Jambalaya: Bill Crawford: Hospital Closures Now, Universities Next? Kingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-2447438783001404385.post-60213925415685969362022-11-29T18:53:14.030-06:002022-11-29T18:53:14.030-06:006:05 - Turn your cap around. A Ponzi is a scheme d...6:05 - Turn your cap around. A Ponzi is a scheme deliberately crafted to eventually benefit the collector of monies while dispensing moderate returns to investors. I know you think it's cute to attach the term wherever you get the chance. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-83212732539996785082022-11-28T18:05:35.461-06:002022-11-28T18:05:35.461-06:00In the old days the Ponzi wasn't yet upside do...In the old days the Ponzi wasn't yet upside down.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-35720726283076071862022-11-28T16:21:46.396-06:002022-11-28T16:21:46.396-06:00Kingfish said...
Where do federal funds come from?...Kingfish said...<br />Where do federal funds come from? November 27, 2022 at 9:25 PM<br /><br />Kingfish: Let me try to help answer your question without you screaming at me or belittling me.<br /><br />First, I suggest you research F.U.T.A. taxing. As with S.U.T.A. taxing by states, FUTA is taxed at the federal level (the Federal government is simply a taxing and dispensing authority). F.U.T.A. is the acronym for the Federal Unemployment Tax Act. F.U.T.A. is collected by the feds, deposited at that level and dispensed at that live, just as taxes are with F.I.C.A. As an aside, thank GOD the federal government has not found a way to siphon off and spend F.U.T.A. taxes. <br /><br />You asked, 'where do the federal funds come from?'. Like you and several posters here seem to not understand, the taxes collected (in the present discussion case) are charged to and collected from employers, not individual taxpayers and certainly not as a result of increases of any taxes on private citizens.<br /><br />FUTA tax act funds are used for several purposes related to unemployment; two of those being the paying of benefits to eligible claimants and paying for the administration of programs that determine eligibility, conduct investigations and that are involved in efforts to operate a nationwide labor exchange in the 50 states. Whether you or others believe these programs and related efforts are effective or should even exist is beside the point. They exist as a matter of federal law. <br /><br />No citizen is taxed in any manner for the operation of any state agency that is fully funded for these purposes. I'm not aware of which agencies, if any, are partially funded through F.U.T.A. for these purposes, but there may be some.<br /><br />I hope this answers your confusion over 'where to federal funds come from?' Don Dranenoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-2867248950739554282022-11-28T15:12:09.303-06:002022-11-28T15:12:09.303-06:006:57 PM - that's bullshit. You don't '...6:57 PM - that's bullshit. You don't 'know that for a fact' because it's NOT a fact. In the 'OLD DAYS' the state retirement system was rated the most sound in the nation. <br /><br />Fuck you and your selective indignation radar Kingfish. You allow these ignorant cherpies to post nonsense but axe replies in rebuttal. You love fake news. <br /><br />Zero state taxes, as claimed originally, have EVER been implemented or raised to support or bail PERS. That's a damned lie, but Kingfish loves ignorance as long as PERS is the subject. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-87350967203258190822022-11-28T10:22:15.669-06:002022-11-28T10:22:15.669-06:00@5:37 PM penned: "I retired with 25 and not a...@5:37 PM penned: "I retired with 25 and not a damned dime of my salary came from taxpayers or Mississippi funds. The entire agency was funded with federal funds."<br /><br />Is that the federal funds that grow on trees, vs. the funds that come from "taxpayers?" <br /><br />Or are they the federal funds that The Fed has been printing and thus increasing the national debt?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-65875564810708533202022-11-28T09:50:34.627-06:002022-11-28T09:50:34.627-06:00KF
Mississippi's tax revenue is mostly from th...KF<br />Mississippi's tax revenue is mostly from the Federal government. Most Federal dollars are as follows: 41% come individual taxes and New York and California contribute the far largest part of that.<br />They are not coming from Elon Musk who pays only 1% in individual income tax and if we ever see Trumps, it's probably that he gets money back. Nor do they come from corporate taxes that are only 5.1% . Property taxes are the next lowest at 11.9% <br />Social Insurance taxes are 24.8%. Then consumption taxes are 16.9%.<br />Mississippi's taxes come from sales tax and property tax.<br />Yet, here we are wildly in support of the party that cut taxes on the wealthiest Americans and gave them deductions that only benefitted the richest and made that tiny tax break you enjoyed a joke on YOU!<br />To say GOP tax "reform" was disproportionate is an understatement.<br />Tax reform would be corporate executives and businesses not being able to "own residences and vehicles for starters or vacation homes that aren't available also to all employees for use.<br />The truth is that if all of us had no rent or mortgage, no health insurance or life insurance or home owners insurance or car payments to pay, we'd all be wealthy!<br />Indeed, being a junior college President here is great (unless it's changed),you get a home and vehicle and all insurance and food from the cafeteria and no cost for entertaining in your home and a salary in 6 figures to pocket. Your teachers are lucky to get the regional low end teacher's pay.<br />And, you wonder why most of the nation's wealth is in 2% of the pockets.<br />Let's try a flat tax and see how it goes.<br />Or we could keep letting our current billionaires squander what they earn rather than making their wealth grow and the communities they inhabit prosper. Or,giving it to pet projects in poor countries while the poor in our country sicken and die.<br />Convenient ethics is an oxymoron. <br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-56994966547071890352022-11-28T09:49:20.448-06:002022-11-28T09:49:20.448-06:00Sell the unsuspecting something that they pay for ...Sell the unsuspecting something that they pay for with other people's money. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-86361413617270476732022-11-28T04:29:57.127-06:002022-11-28T04:29:57.127-06:00@2:39pm
"The incoming freshman class at Ole ...@2:39pm<br /><br />"The incoming freshman class at Ole Miss is the largest in school history."<br /><br />That's because their "feeder" community college in DeSoto County has been force feeding those "incoming freshmen" with massive amounts of dual credits from high school and transfer through their feeder program, where almost everyone is passed in order to create those higher numbers...in fact they're the highest in the state, and that's why. Look it up. It might just bankrupt that community college due to such short sightedness. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-13311683767717182292022-11-28T03:47:52.833-06:002022-11-28T03:47:52.833-06:00November 27 at 9:25. The answer to your question: ...November 27 at 9:25. The answer to your question: Helicopters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-53016576836504856782022-11-27T21:25:03.179-06:002022-11-27T21:25:03.179-06:00Where do federal funds come from? Where do federal funds come from? Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-72168637858127131812022-11-27T20:55:09.280-06:002022-11-27T20:55:09.280-06:005:37, the fact that you do t know how your PERS pe...5:37, the fact that you do t know how your PERS pension is funded and are defending drawing a public pension after the grand total of 25 years of service says all we need to know. Enjoy your 13th check, Merry Christmas.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-90101054611748401782022-11-27T18:57:55.811-06:002022-11-27T18:57:55.811-06:00100% of what goes in to PERS would be money paid t...100% of what goes in to PERS would be money paid to participants if PERS did not exist. And none of this has anything to do with college enrollment falling. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-83279118967304467842022-11-27T18:57:02.796-06:002022-11-27T18:57:02.796-06:001:56 I know for a fact that property millage was i...1:56 I know for a fact that property millage was increased in the old days to support employers’ contributions to maintain PERS plan solvency. Now, since ‘84 I believe, that the lone standing plans have all been converted to a unified State PERS (with transferability between agencies allowed) I suspect that local governments are not liable for millage support of the current system BUT they are for the bygone plans of the 80’s and prior that are only paying out, no new employee contributors. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-61674943210092041012022-11-27T18:33:55.719-06:002022-11-27T18:33:55.719-06:00Mississippi ranks 49th for Educational Attainment ...Mississippi ranks 49th for Educational Attainment and 44th for Quality of Education. <br /><br />Mississippi has the third-lowest share of high school diploma holders at 84.5%, the second-lowest share of Bachelor's degree holders, and the fifth-lowest share of both people with associate's degrees or college experience and graduate degree holders.<br /><br />And Bubba the Brain Trust's answer is to close universities? SMH. <br /><br />"Mah taxes is too high cuz the Mexicans took mah job and they are all lazy lack GubMint wurkers." <br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-46305510721313201102022-11-27T17:37:35.292-06:002022-11-27T17:37:35.292-06:002:21 Among things that have already pointed out to...2:21 Among things that have already pointed out to reveal your ignorance, you ignore the fact that the poster said tax INCREASES fund PERS. That's false. You have zero working knowledge of how PERS is funded. You've been privy to conversations down to the barber shop while discussing how to solve world problems. Or was it the senior group at McDonalds?<br /><br />I retired with 25 and not a damned dime of my salary came from taxpayers or Mississippi funds. The entire agency was funded with federal funds. The laws regarding PERS retirement are what they are. If you don't like that, take it up with your representative and senator. But, first, spend minimal time educating yourself. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-73433094538140862782022-11-27T17:21:22.067-06:002022-11-27T17:21:22.067-06:00And mean while we're being suckered into a gov...And mean while we're being suckered into a governor that wants to cut, cut, cut taxes to zero! Someone's pulling under the tail and doesn't understand why the pig is squealing. Get real! The governor is as bad as the mayor of Jackson. Different strokes and all...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-13864412735846042172022-11-27T16:49:10.949-06:002022-11-27T16:49:10.949-06:002:39 Ole Miss will be the beneficiary not the vic...2:39 Ole Miss will be the beneficiary not the victim. Bank on it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-28357757688107927622022-11-27T15:59:31.890-06:002022-11-27T15:59:31.890-06:003:12, I’ll play, please tell me what percentage of...3:12, I’ll play, please tell me what percentage of PERS retirement pensions are paid out of current State employees PERS contributions? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-44386900000268127092022-11-27T15:50:31.902-06:002022-11-27T15:50:31.902-06:00Never let a crisis go to waste, even when a lib ha...Never let a crisis go to waste, even when a lib has to invent the crisis.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-40500951456804912122022-11-27T15:12:40.827-06:002022-11-27T15:12:40.827-06:002:21, you are just so far off base on how this wor...2:21, you are just so far off base on how this works I can't even start.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-55817413087095877902022-11-27T15:08:26.864-06:002022-11-27T15:08:26.864-06:00November 27, 2022 at 10:54 AM, maybe you should lo...November 27, 2022 at 10:54 AM, maybe you should look into that a little more. You may find that the universities don't pay those crazy salaries.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-72861249648838139472022-11-27T14:39:34.323-06:002022-11-27T14:39:34.323-06:00The incoming freshman class at Ole Miss is the lar...The incoming freshman class at Ole Miss is the largest in school history Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-12148274739373309142022-11-27T14:37:22.044-06:002022-11-27T14:37:22.044-06:00Another fact: Community colleges are already &quo...Another fact: Community colleges are already "deconstructing" their organizations to basically be 13th grade. Fully ONE THIRD of some community colleges are "dual credit" students still in high school. <br /><br />Strange how no one in the legislature has connected the dots to why hundreds of millions of property taxes meant for K-12 are being co-mingled with higher ed budgets. <br /><br />The crash is coming. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-8502491618590090712022-11-27T14:21:02.892-06:002022-11-27T14:21:02.892-06:001:56, I’ll take a stab at it, about 73% that goes ...1:56, I’ll take a stab at it, about 73% that goes to PERS retirees comes from Mississstate income taxes. The other 27% comes from PERS employees retirement contributions. So essentially all PERS benefits are a direct result of state income tax receipts. But of course all PERS employees and retirees were paid their entire career by Mississippi tax contributions. Don’t let facts get in the way of your false premises though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-85987460924469820072022-11-27T14:11:56.347-06:002022-11-27T14:11:56.347-06:00Socialism is great til you run out of other people...Socialism is great til you run out of other people’s money. We are there.Anonymousnoreply@blogger.com