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re: This is why I will NEVER vote for a tax increase of any kind!
Posted on 7/19/23 at 1:33 pm to SwampyWaters
Posted on 7/19/23 at 1:33 pm to SwampyWaters
That’s how it is in every government department.
0
Posted on 7/19/23 at 1:34 pm to SwampyWaters
quote:
This is why I will NEVER vote for a tax increase of any kind!
Use it or lose it.
There's a local story around here of a guy from the military making an order for $10k worth of ant killer right before the fiscal year ended.
Posted on 7/19/23 at 1:37 pm to SwampyWaters
quote:
His boss informed him that if they didn't spend it, their budget would be cut and they would never see that money again.
I worked for a parish government and this was the case every year. Use it or lose it for next year. I'm not surprised to hear it at all.
Posted on 7/19/23 at 1:41 pm to MoarKilometers
You vote for the person and not their policies don’t you?
Every time you vote in a presidential election you vote for this. It’s one of the biggest platforms they run on.
Every time you vote in a presidential election you vote for this. It’s one of the biggest platforms they run on.
Posted on 7/19/23 at 1:49 pm to SwampyWaters
Posted on 7/19/23 at 1:51 pm to SwampyWaters
It’s called baseline budgeting and it’s the worst scam ever invented.
Posted on 7/19/23 at 1:55 pm to 9Fiddy
quote:
This doesn’t just happen in government. It’s budget 101 in the private sector as well.
is the private sector wasting my money by doing this? no.
is the gov't? yes.
Posted on 7/19/23 at 1:57 pm to SwampyWaters
quote:
His boss informed him that if they didn't spend it, their budget would be cut and they would never see that money again.
Is the the problem with all government budgets from the Federal all the way down to the local level. No matter how much money they get in a given year, it’s going to be spent no matter what so next year they can demand that much plus more. It’s a vicious cycle of perpetually growing budgets.
This is what you get when government grows to the point ours has grown. And unless we guy the “deep state”, it’s only going to keep growing.
Posted on 7/19/23 at 2:02 pm to TeddyPadillac
quote:
is the private sector wasting my money by doing this? no. is the gov't? yes.
Do you buy or consume anything made by a non-government entity? If so, yes, they’re wasting your money as it’s built into the price of the product.
Posted on 7/19/23 at 2:06 pm to SwampyWaters
This has been going on for as long as federal agencies have had the purse strings. I know they have a budget, but it’s highly manipulated.
Posted on 7/19/23 at 2:07 pm to Artificial Intel
quote:
Every presidential election
What a choice
Kill grandma because you reduce the growth of the "budget" and have a top rate of 34%
Or
Bankrupt everyone and get gay marriage slippery slopes with a top marginal rate of 38%
What a choice.
This post was edited on 7/20/23 at 12:23 am
Posted on 7/19/23 at 2:08 pm to Bwmdx
quote:Military enrollment and fiscal efficiency would increase 300% in a year
Saw this in the military.
The best way to solve it would to make a portion of savings from one year should be reimbursed to the agency as a bonus to the employees. Then they will actually start cutting costs.
Posted on 7/19/23 at 2:10 pm to SwampyWaters
I'm not sure there is a single entity, government or private, that deals with annual budgets, that doesn't work this way
Posted on 7/19/23 at 2:11 pm to SwampyWaters
quote:
Another friend, who is an engineer with the Corp of Engineers, chimed in and told us about the new fleet of Yukons they just received. He said the average price of each was about $80,000! I have no problem with the Corp of Engineers driving a nice vehicle, but I guess a $35,000 Camry is beneath them.
There are tax reasons for buying the fleet of yukons and not the Camry. Section 179 of the tax code allows for a tax deduction for company vehicles bought and put into use that business year. This tax deduction is based on weight of the vehicle
Light vehicles (those under 6,000 pounds) are allowed a deduction of $12,200 PLUS bonus depreciation can be deducted in the amount of $8,000, totaling $20,200 for 2023
Heavy vehicles (between 6,000 and 14,000 pounds) are allowed a $28,900 limit. HOWEVER, heavy vehicles also qualifies for 100% bonus depreciation through the end of 2022, thanks to the TCJA. BUT beginning 2023, that rate drops 20% each year. So, for 2023, bonus depreciation of 80% can be taken.
There are also incentives for buying "clean vehicles" and EVs
Posted on 7/19/23 at 2:31 pm to SwampyWaters
I worked at LSU (Wetland Resources) back in the 70's. My boss told me the same thing; if we didn't spend all of the money allotted to us, our budget would be cut the next year. She said everyone operated that way.
Posted on 7/19/23 at 2:36 pm to spaceranger
quote:
There are tax reasons for buying the fleet of yukons and not the Camry
I know you pay local sales tax on federal projects - but (and I’m likely wrong here) depreciation on federal assets wouldn’t make sense would it? I don’t think federal agencies are paying corporate taxes.
Posted on 7/19/23 at 2:37 pm to tigerfoot
quote:
But they all say the same thing you heard. We have zero budgeting controls at any locale. Common sense is not used at all, we have allowed our systems to become too complicated and frivolous.
It must be fixed and no one is talking about it.
That's the problem. Nobody becomes a politician to help people. They are in it to help themselves. Don't expect change ever.
Posted on 7/19/23 at 3:00 pm to SwampyWaters
I worked for a federal law enforcement agency and can confirm this happened. We received X amount of funds to upgrade uniforms and everyone got what they need and came significantly under our X funds. I went back through the paperwork months later before we were getting audited and saw the remained money was spent on stuff like "hiking boots, rain jackets, thermal gear, camo, and etc." I never saw any of that. Come to find out... it was given to the professional staff and their family members. The money HAD to be spent to ensure they got the same amount or more for next year.
I was appalled.
I was appalled.
Posted on 7/19/23 at 3:02 pm to SwampyWaters
Isn’t this the business model everywhere. You have to spend all your budget or you will not get as much next year
Posted on 7/19/23 at 3:09 pm to NolaAg04
quote:
This is BS because GSA handles vehicle purchases and agencies “rent” them.
He never said the Corps of Engineers bought them.
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