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Some State Reps pay No Federal Income Tax; New law requires oil heating upgrade; No bail for accused killer; Mihos in it to win: Mashpee Ponzi scheme; Harwich OKs 11 CPC projects
New law requires upgrade for homeowners who use oil for heating
Homeowners with oil heating systems that were installed before 1990 will have to pay up to $300 to comply with a new state law that will take effect in July... Before 1990, most pipes from the tank to the burner were buried in concrete. The new law calls for homeowners to either dig up the concrete and line the pipe with a non-metallic sleeve, or simply install the safety valve on the oil tank... A simple leak can cost as much as $15,000 to clean up, while more extensive cleanup costs can top $250,000... Banner.
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Mashpee business, residents accused of Ponzi scheme
Like money in the bank is how Thomas A. Belekewicz and Merope E. Dayos allegedly described the investments they obtained from mortgage clients and others into a Mashpee business. But even as Mr. Belekewicz and Ms. Dayos were reassuring their clients over the past few years, according to a civil complaint filed by state financial regulators last week, their finances were falling apart.
A scheme that the two allegedly devised broke down when they ran out of money and could not make either guaranteed interest payments or return principal investments, according to civil charges announced last week. A company the two founded is now in bankruptcy. A host of lawsuits have been filed in Barnstable Superior Court... Mashpee Enterprise.
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Some State Reps pay little or no Federal Income Tax
Obscure Federal Law Allows Tax Deduction For Massachusetts Legislators
Imagine paying nothing in federal income tax. It's a dream come true for state legislators living more than 50 miles from the State House. Federal tax law allows them to legally deduct as much as $311 per day from their federal income tax. For some, it could mean deducting their entire state salary.
Federal law does not require legislators to travel to Boston or even prove that they're working for taxpayers on any given day to claim the deduction.
The law, passed by Congress in 1981, only requires the Massachusetts House and Senate to be "in session" on the days claimed. WCVB discovered the last time the Massachusetts Legislature prorogued -- or was officially not in session -- was in 1988... WCVB.
Who was eligable (All of ours)
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Mihos insists he's a gubernatorial candidate
Republican Christy Mihos insists he's still in the Massachusetts gubernatorial race. In an e-mail to supporters Friday, the convenience store magnate said reports of his political death are greatly exaggerated.
Mihos' campaign has been plagued with staff upheavals. And last week a Superior Court judge slapped liens on three businesses he owns after a gasoline supplier claimed he was owed more than $600,000.
The Cape Cod resident has also faced skepticism within the GOP after running for governor in 2006 as an independent.
Mihos faces Charles Baker in the Republican primary.
Gov. Deval Patrick and community activist Grace Ross are competing for the Democratic nomination. Treasurer Timothy Cahill is running as an independent, and Jill Stein is the Green-Rainbow candidate... Lowell Sun.
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No wonder all GDP and job growth was strictly government..
possee
For you Tee-Baggers:
You like to say you want the gvt. you want.
Well, I have the gvt I want, and you are trying to take it away.
Obama was duly elected by the people of the United States of America.
You are trying to usurp the people's will.
You are traitors and insurrectors. IMHHO
Far from being Hero's-you will go down in history as the useful idiots your right-wing mouth-pieces are always braying about.
It's a war for your souls people.....and do not under any circumsatnces align yourselves with Fox News.
Do the politicians that take this deduction also take the travel expense provided by the State law? This could be a very telling indicator if the polititian is truthful in speaking about change, taxes, getting the most for your tax payer dollar etc etc etc
Oh yes we will, we'll take it away and leave you in the dust. This is OUR government, not yours. You have no right to this government, we paid for it and we'll do with it what we please. And if you don't like it, you can move to Nantucket with the rest of your socialist friends.
BTW, does anyone know what bittersweet is yammering about? Take a chill pill, you're going to give yourself a heart attack.
But all of this falls under the umbrella of per diem.
The article says that state representatives receive per diem AND the federal tax deduction. AND this $311/day deduction is for every day the legislature is in session, even if the representative is not in Boston!
Talk about double dipping! Wow, this has to change.
This is a perfect example of questionable self-service and self-interest lawmaking and wasteful spending of taxpayer dollars. And this is only one little instance. This is at the very least contributes to our national debt that is spiraling out of control. The whole system is corrupt. The whole system needs to change. But how? These same politicians that take our money unethically are the same ones that you need to vote in a change. That's never going to happen! Can you imagine politicians voted to increase their taxes, even if it is to right a wrong? That's so funny, I can't stop laughing. If only it were funny.
Is there any politician out there with even one ounce of integrity?
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