Our granddaughters’ First Ohio State Buckeyes football game
Posted By RichC on October 25, 2022
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Music Monday: Fox Business on TV, Disco and the Bee Gees
Posted By RichC on October 24, 2022
Music Monday triggers can come from anywhere. Today’s was from segment music on a morning Fox Business program and triggered a“disco” flavored song from the Saturday Night Fever soundtrack in 1977.
“More Than a Woman” was a Bee Gees song and was paired with a serene Minnesota early morning lake photo (new TV on office wall). This late 1970s music memory were enough to capture my attention … even if I wasn’t a disco music listener … although I did own a m”odest” leisure suit in high school.
Since including this song from YouTube (concert in 1997), I’ll also attach this “The Very, Very Beginning of the Bee Gees” article by Juliet Bennett Rylah (and outdated post, but still an interesting read).
Inflation and the 2023 tax year Federal tax bracket
Posted By RichC on October 23, 2022
The Federal tax brackets are adjusted each year by the IRS based on inflation numbers in an attempt to stop “bracket creep.” This prices have soared as in September 2022 consumer prices were up 8.2% compared to 2021. It is likely most Americans have not seen that kind of wage increase which means their buying power is reduced and quality of life diminished. An interview with a politician commented that “if you’re living on the same income as last year, with inflation running at 8+%, it is as if you are working one month for free.”
According to an Axios article, the good news (cough, cough) is that …
Worth noting: The jump could have been higher if not for a tax overhaul signed by former President Trump in 2017, the New York Times reports.
- Republicans at the time tied the adjustments to the chained Consumer Price Index, which tends to rise at a slower pace than the standard CPI.
- In September, chained CPI grew 0.2 percentage points slower than the standard CPI compared to 2021.
Hm, I don’t hearing many taxpayers cheering with excitement? #sarcasm
Is it going to be a wet or dry winter?
Posted By RichC on October 22, 2022
The answer from NOAA is that it depends on where you live.
The general prediction is for a bit dryer in the south and a bit wetter in the northwestern US and Great Lakes .. but perhaps we should check with the authority? 🙂
Archiving: A trip to NW Ohio to see our granddaughters
Posted By RichC on October 22, 2022
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Changing the 2010 BMW X5 35’s oil is getting very expensive
Posted By RichC on October 21, 2022
With inflation raging and oil prices sky high, opting for the most premium synthetic oil is no longer and option for my aging 2010 BMW X5 35d diesel. I’ve been using Ravenol and usually do my own oil and filter changes and although self-changing the oil on a premium diesel model is still better done at home, but adding 7 or 8 quarts and a filter still costs me $100 for even another European full-synthetic brand – Eurol. Previously, the Ravenol and filter was $86.38, but that same order is now $171.95 (Oct 2022 price bottom right) plus shipping.
After a frustrating few minutes of Internet shopping, diesel focused site, Blauparts, offered a recommended oil for a bit less … plus if I double
ordered, it was another 10% off … plus free shipping. Still $15 more per self-change, 
but better than $90 more (w/ shipping).
Things that were better in the “Good Old Days” … free air! #TBT
Posted By RichC on October 20, 2022
Now, I’m not quite old enough to have regularly used this kind of service garage air station to fill car tires for FREE, but I have used them AND it still triggers memories: Do you remember the “bump, bump, bump” surging as air filled the tires?
As I’ve mentioned twice before, one of my first real jobs was as a pump jockey at a Shell Oil service station. I wore the full uniform, did windows and received a 25 cent commission for every quart of oil I sold. At 16 years old I was shock at how many packs of cigarette we had to stock in the overhead bins and then sell to motorists … 
I want to say it was 50-cent a pack, but can’t be certain as inflation was raging in the 1970s just as it is today. I do know that $2.35 was my hourly wage and that I felt very fortunate to have the after school and weekend job while still in high school. Since I was also a stringer photographer for the local newspaper (usually sporting events), the manager would schedule me around the the high school games.
Looking back, it was a pretty nice job and offered those who preferred “service and a smile” a nice place to fill up and top off.
With the first freeze in SW Ohio … I’d rather be on the beach
Posted By RichC on October 19, 2022
There was a leftover beach flyover video on my phone from our late September – early October Florida vacation so with a private family post creating registered only viewing and the first real cold weather of the season, this makes for an envious filler. I’m looking forward to warm weather and the beach again. Why again aren’t we moving south or going cruising???
Katelyn and Drew’s pile of drying lumber gets a tarp
Posted By RichC on October 19, 2022
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Do state/city/local taxes impact interstate migration?
Posted By RichC on October 18, 2022
As a former GOP VP hopeful would say, “You betcha.”
In catching up on my Tax Foundation reading, one of their recent emails highlighted what internationally we have seen in off and onshoring is that businesses go to where they are treated best. It most often has to do with a companies lowest cost of doing business which includes the tax bite where they chose to locate.
Individuals are no different … especially with remote working arrangements, pandemic shutdowns, economic bust and boom cycles and avoiding the heavy hand of local and state government, from restricting personal freedom to taxation; it sure looks to impact interstate migration.
A glance at this 2019 state population map in a Tax Foundation article by Katherine Loughead, highlights a trend. “Americans pack up and move from one state to another.” Each year the IRS releases migration data showing movements of income taxpayers based on changes in their mailing address and data highlights what most of us instinctively know: People prefer lower taxes and less bureaucratic intrusion in their lives.
More Americans Moved to States with Lower Taxes and Sound Tax Structures
With this in mind, one observation from the 2019-2020 IRS migration data is that a strong positive relationship exists between state tax competitiveness and inbound migration. Overall, states with lower taxes and sound tax structures experienced stronger inbound migration than states with higher taxes and more burdensome structures.
Desultory - des-uhl-tawr-ee, -tohr-ee
- lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
- digressing from or unconnected with the main subject; random: a desultory remark.