70 Percent Off 9.99
Ulrike Dweck
I received the below rate offer on purchases. It is for 9.99%. Most banks are sending me 0% for purchases for a year or two. It really does not matter to me as I do not pay interest no matter what.I never carry a balance.
Has anyone else received an offer from Citi? 9.99% does not seem like a bargain to me and I do know that they offer rates based on ones profile with them. To me 9.99% is like giving away free ice in the winter LOL
There is for sure tiers with them and you fall into a much better one then I do. Even though I do not carry a balane it does upset me that I am considered a second class customer. Again, they like you way more then they like me
Well sure, Citi gives me large CL's but high interest rates. No idea why but even if it was 2% I never carry a balance so it really does not matter. Maybe they think I will miss a payment some day and charge me interest. I have never missed a payment in 42 years so they will have a long wait LOL. My FICO on the Citi site is 786, not the best but far from the worst.
If I'm able to sucure a Mortgage within the next few months I'll probably take them up on the offer for a few appliance and furnishing purchases, otherwise its another year of not spending Money on non basic needs.
I also got 0% purchase APRs on my Cap1 QS until May 2022 and on my Amex Blue Business until Jan 2022. I NEVER get 0% offers from Amex so that one was a bit of a shock. I've got the QS on standby in case I need to play catch up after the holidays.
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The plan includes a one-time 9.99 percent increase in the tax levy, incorporating a previously approved 3.76 percent hike. Notably, the local district does not record its school board meetings, making them unavailable for review.
New Jersey schools receive funding from local property taxes, state aid, and nominal federal aid. However, a 2018 law known as S2 amended the state school funding formula, resulting in cuts to many districts. Over the past six years, Ocean Township Schools have faced significant reductions in state aid, totaling roughly $5.3 million compared to 2017-2018.
A state law previously limited school districts to a two percent increase in local property taxes for budget purposes without seeking voter approval. In 2022, Ocean Township narrowly passed a referendum requiring taxpayers to fund an additional $840,000. This amount was said to be necessary to retain eight classroom teachers and maintain current classroom sizes.
New Jersey schools received some financial relief with a law signed by Governor Phil Murph on May 14. One part of the legislation included a Stabilization School Budget Aid Grant Program, which appropriated the school district $29,288.
Phillips said the cuts have also forced the elimination of valuable educational programs. She added that any increase above the current levy will allow the district to restore essential programs and initiatives, support educational needs, and improve student achievement in literacy, math, and science.
Also approved during the meeting was the contract of Kevin Byrnes as Business Administrator/Board Secretary, effective July 1, through June 30, 2025, with a salary of $128,750. As a full-time employee, Byrnes receives additional benefits that increase his overall compensation. His predecessor, Steve Terhune, served in the same capacity on a part-time basis, earning less than half the salary and without receiving district benefits.
Tentative Budget and Tax Levy Not Yet Approved The budget process requires the New Jersey Department of Education to review and approve the tentative budget. Additional changes may be made based on their review before the public hearing. Once approved by the NJDOE, the tentative budget will be advertised and the Board will vote on the final budget.
According to figures provided by the district, the proposed 9.99 percent increase in the school tax levy would mean an average impact of $289.23 per home annually, or approximately $24.10 per month, compared to the previous year. It is unclear what numbers the district used to determine an average home value and whether it is based on new assessments.
Township Officials Call for School Regionalization Efficiency Study Mayor Lydia Dodd expressed opposition to the proposed 9.99 percent tax increase without voter approval. She cited concerns about the substantial financial strain the increase would impose on taxpayers.
The Township Committee passed a resolution at its June 18 meeting stating that the school taxes are becoming unduly burdensome to local taxpayers, especially because the district is a K-6 school district.
The resolution requests that the State Department of Community Affairs allow the Township to undertake the School Regionalization Efficiency Program immediately and not have to wait until the next fiscal year.
Beginning January 1, 2023, the Pennsylvania corporate net income tax rate will decrease 1 percentage point to 8.99 percent. Each year thereafter the rate will decrease 0.5 percentage points until it reaches 4.99 percent at the beginning of 2031. Additionally, the law includes a provision that will increase the amount of capital investment pass-through businessA pass-through business is a sole proprietorship, partnership, or S corporation that is not subject to the corporate income tax; instead, this business reports its income on the individual income tax returns of the owners and is taxed at individual income tax rates. owners can deduct on their individual income taxAn individual income tax (or personal income tax) is levied on the wages, salaries, investments, or other forms of income an individual or household earns. The U.S. imposes a progressive income tax where rates increase with income. The Federal Income Tax was established in 1913 with the ratification of the 16th Amendment. Though barely 100 years old, individual income taxes are the largest source of tax revenue in the U.S. returns the year the investments were made. The legislation leaves a few things to be desired, but overall, Pennsylvanians will be well served by the reforms the law sets in motion.
The legislature had the opportunity to make a bold cut to the CNIT rate this year and to structure opportunities for future rate cuts around well-designed revenue triggers. Instead, the Commonwealth will enter 2023 with a CNIT rate that will still be fifth highest in the nation. Under this design, it could take several years before rates are competitive enough to entice corporations back to the Keystone State.
In the meantime, lawmakers should resist the temptation to treat CNIT reform with the same skepticism as CSFT elimination. Rather, they should continue to advance structurally neutral, free-market-enhancing tax legislation in the spirit of Indiana, Iowa, and North Carolina. These states also started with incremental alterations, but each year they improved on or accelerated the tax reforms enacted in previous legislative sessions.
Indiana has consistently chipped away at its corporate income tax (CIT) rate over the last 10 years. In 2012, the CIT rate was 8.5 percent. Today it is 4.9 percent. Iowa passed comprehensive tax reforms in 2018 and then accelerated those reforms with surplus revenue in 2022. Once fully phased in, Iowa will have a more neutral tax baseThe tax base is the total amount of income, property, assets, consumption, transactions, or other economic activity subject to taxation by a tax authority. A narrow tax base is non-neutral and inefficient. A broad tax base reduces tax administration costs and allows more revenue to be raised at lower rates., a flat individual income tax rate of 3.9 percent (down from 8.98 percent), and a flat corporate income tax rate of 5.5 percent (down from 12 percent). These reforms have positioned Iowa to improve from the fifth-worst-structured tax code before 2018 to the 15th-best-structured tax code once reforms are fully phased in. For its part, North Carolina enacted comprehensive tax reform in 2013 and then built on those reforms in 2014, 2015, 2017, and 2021. Pennsylvania should follow suit.
Lastly, Pennsylvania policymakers should conform to the federal treatment of capital investment by corporations and should consider making full expensingFull expensing allows businesses to immediately deduct the full cost of certain investments in new or improved technology, equipment, or buildings. It alleviates a bias in the tax code and incentivizes companies to invest more, which, in the long run, raises worker productivity, boosts wages, and creates more jobs. of capital investment permanent at the state level. Many other states already conform to this provision of the Tax Cuts and Jobs Act, but it will begin to expire at the beginning of 2023. Oklahoma anticipated the change and recently became the first state in the nation to make full expensing permanent at the state level. Pennsylvania can work towards a reputation of tax competitiveness by becoming the second state to do so.
According to the state treasurer, Pennsylvania was on pace to finish Fiscal Year 2022 with a $6.6 billion surplus. However, she also noted the Keystone State could face a deficit by the end of Fiscal Year 2025. By prioritizing structural tax reforms, lawmakers made a responsible choice. Such reforms can generate recurring wage and employment benefits the likes of which a one-time relief check or new program cannot. The reforms of HB 1342 are a good start to making Pennsylvania-based corporations more competitive and to fueling productivity and wage growth in the Commonwealth. As lawmakers in Harrisburg consider how to proceed in the future, they should build on the present reforms with confidence and an eye to the successes of states that were once in their position.
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