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Number of Posts:174
Registered on:9/12/2007
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re: Trump's latest Tax Idea to Enrich Himself - Mr Magoo
I only skimmed the article, but reading through the bullets on the Ops post, that's not how I read it. I read it as Trump pushing for keeping both interest deduction and allowing for 100% deductions in Capex in the first year instead of depreciation over a certain time period (depending on tax ...
Posted on Political Talk
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re: Trump's latest Tax Idea to Enrich Himself - Mr Magoo
I actually think this is a great idea. Just an extreme case of accelerating depreciation. If a company has already spent the cash, why can't it deduct for tax purposes. This would increase the NPV of projects tremendously and [u]should[/u] increase investments....
Posted on Political Talk
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re: Trump was a business disaster - ran his company into the ground - Mr Magoo
People that state bankruptcy as a bad thing are clueless about its purpose. It's nothing more than a business tool. I deal with distressed and bankrupt clients all the time. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
The articles I've read piss me off even more. They make it sound like it's an honest attempt to collect what is rightfully the states, like a business that sells to a customer and the customer didn't pay. I turned in my plates when I left the POS state, never let my Insuance lapse, and still h...
Posted on O-T Lounge
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
I think the fact that I spent 2+ hours of my life trying to get the OMV on the phone plus the fact that no one at the OMV can do anything makes me more mad than the fine. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
The old phantom first letter trick. Louisiana at its finest right here. Has any news outlets picked up this scam yet? I don't live in the state, so I have no idea. I have been checking the Nola.com and Baton Rouge advocate websites but have yet to see anything mentioned. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
The fine is for failure to turn in license plates. It's a gotcha move by the state to increase revenue. For me the problem is that I turned in the plates but the dmv did not record the transaction and I didn't keep a receipt from 4 years ago. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
I'm hoping that they back off. Just think of all the people that moved out of state and have no idea a letter was sent to an address that they may have moved 10+ years ago. I asked the operator at the OMV if there was any proof that a first letter was sent to my parents address such as certifi...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
Does anyone know another number to call besides the one listed for the OMV? The lady I spoke with said there was nothing anyone could do to help at the OMV besides tell me how large of a fine I had to pay. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
The letter states this is a second notice. They claim that a previous letter was sent to my parents. Therefore you are required to pay a minimum fine of $125 per vehicle. My parents claim that they never received a previous letter from the state. ...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
This is absurd. Finally got in touch with the OMV and was told I never turned in my plates for my vehicle when I registered in a new state. I mentioned to the woman that I turned in the plates to the DMV shortly after. She said that I needed to have documentation from that transfer. Who keeps st...
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re: Anyone receive a notice from La Dept of Public Safety about their car insurance? - Mr Magoo
Not yet. I haven't been able to get through to anyone on the phone at the OMV. 95% of the time I get a message that states all phone lines are busy. The one time I have gotten through I have sat on hold for over an hour....
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re: Notice of delinquent debt from Louisiana OMV from 13 years ago - Mr Magoo
Exact same thing just happened to me this week. Received a notice that I was delinquent on 2 cars and that I owed $1000 a $1300. I moved to Texas 4 years ago and transferred my cars to the state as well. Turned in my Louisiana plates when I left at that time. I didn't keep the records because ...
Posted on O-T Lounge
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re: Delinquent Car Liability Insuance - Mr Magoo
So I will probably have to fork over 1300 for this? does anyone know where it states that you have to notify the state of Louisiana that you have moved and registered in another state?...
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re: Delinquent Car Liability Insuance - Mr Magoo
I did mail the plates to them. ...
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re: Delinquent Car Liability Insuance - Mr Magoo
In Louisiana when I lived in the state. For 4 years, my cars have been registered in Texas. ...
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Delinquent Car Liability Insuance - Mr Magoo
My parents received a notice from the state of Louisiana yesterday saying that I owed $1,300 for failure to maintain minimum liability car insurance in Louisiana for the past 1.5 years. The thing is I have lived in another state for 4 years. Has anyone ever had an issue with this before?...
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Bankruptcy Question - Mr Magoo
Probably the dumbest question of the night. Showed that the moderator had no idea what he was talking about regarding the purpose of bankruptcy. Bankruptcy is a business tool to save value for stakeholders, plain and simple. Businesses fail and that is part of life....
Posted on Political Talk
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re: Why is talking about salary a taboo? - Mr Magoo
At my company, everyone knows what everyone else makes within a couple of thousand. It helps moral knowing what you could make one day. Knowing that my boss makes 2.5 mil per year helps me work harder because I know that I can make that much one day. ...
Posted on Money Talk
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