Are you a taxpayer moving whose company is moving you into New Jersey for work reasons?
If the answer is “yes,” then you have a friend in Assemblywoman Caroline Casagrande (R-Monmouth); she wants to enact a gross income tax deduction for your moving expenses!
Makes a good deal of sense, right?
Specifically, Casagrande’s legislation (introduced on Thursday and designated A2934) would permit new Garden State residents to claims a gross income tax deduction for expenses incurred in moving to NJ such as those related to the transport or shipping of household goods, personal effects, and the storage thereof. Other caveats include a full time employment requirement for the initial 12-month period immediately following your move (at least 39 weeks). If you’re self-employed, you must work full time for at least 78 weeks of the two year period following your arrival in order to qualify.
“More businesses are beginning to make New Jersey their home as a result of our continuing efforts to reform government and reduce bureaucratic red tape,” said Casagrande. “When companies relocate to New Jersey, they often offer transfers to many of their employees. Offering a tax deduction for moving expenses is an added incentive for workers to follow the job.”
At a time when Democrats are stuck on tax hikes and social distractions (and driving taxpayers OUT of New Jersey as a result), Save Jerseyans, it’s encouraging to see some New Jersey Republicans remembering the reasons WHY we elected them in the first place!
I have to dissent on this one. Deductions like this only serve to make the state tax code more complicated, allowing the Legislature to pick winners by taxing some activities and not others. Why don't we get rid of all such tax deductions and lower rates accordingly? That system would be much more efficient, and simple low rates would do more to attract businesses than some little up front moving cost deduction credit.
You shouldn't take for granted that your feet have not changed since the last time you bought shoes. Children tend to change shoe sizes frequently. Yet your shoe size can change even as an adult, when you may assume you've finished growing. Any store that offers basketball shoes is prepared to measure your feet and give you a proper fitting shoe. When trying on basketball shoes, you want them to fit snugly but not to tightly. When you try on a shoe and the fit leaves space anywhere at all; you should try another one on for size.
[url =http://cheapjordans2013.mydiscussion.net/]air jordans[/url]
To find the best basketball shoes for your next pair, you need to remember the above suggestions. When you are playing, you shouldn't even notice your shoes.
[url =http://cheapnfljerseys168.a0001.net/]NFL Authentic Jerseys[/url]