The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on January 03, 2011, 07:39:34 PM
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The Northerner (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 03:17 PM
Original message
NJ not giving up on gift card seizure law
New Jersey isn't giving up its effort to seize unused money on gift cards and traveler's checks.
Lawmakers voted last year to allow the seizure of cards after two to three years as a way to raise about $80 million and help balance the state's budget.
But in November, a federal judge temporarily struck down the law.
The Record of Bergen County reports the state isn't giving up though. State treasurer Andrew Sidamon-Eristoff has told a judge that the state will appeal the earlier ruling.
New Jersey Retail Merchants Association, the New Jersey Food Council and American Express filed suits to block the law.
Source: http://www.app.com/article/20110103/NEWS03/110103015/NJ...
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x109917
no limit (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 03:30 PM
Response to Original message
2. So the state is going to steal money from people?
Yet taxing the piss out people is just making them pay their fair share. :whatever:
no limit (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 05:31 PM
Response to Reply #5
6. It's a free country, if I want to buy a gift card that is my choice
I dont need the government coming in and taking my money because I didn't use it in a time frame they deemed appropriate.
I agree that most giftcards are never fully used and are a great source of income for stores. So what? If you think there is something wrong with how gift cards are handled you can set up regulations that protect the consumer, not take their money from them.
Funny, that's how I feel about my paycheck.
X_Digger Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 06:56 PM
Response to Reply #17
19. Now you're just not making sense..
Your analogy doesn't fit. I'm not 'leaving' anything with the store- they sold me something with a limited value, I took it home. Everything after that in your analogy falls apart.
The state gives it to the poor? Oh, so the end justifies the means? Oh well, then, that makes it okay.
:sarcasm:
Yet if those funds were taken from my paycheck and given to the poor you would cheer.
Lucian (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 06:13 PM
Response to Reply #5
16. It's theft from those who own the gift cards.
Just because one doesn't use it in the time frame specified doesn't mean they should get their card stolen, regardless if they intend to use it or not.
Well if you don't use it, you must not need the money anyway. You won't even notice when it's gone.
That's what you say about taxes.
MattBaggins Donating Member (1000+ posts) Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Jan-03-11 07:58 PM
Response to Reply #10
27. No money "belongs" to the Government yet they still have this
nifty little mandate to raise funds and make stuff happen.
yet if it were a tax you would love it.
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Taxes and gift card forfeiture are two completely different things to a DUchebag. One it never pays and the other it forgets it has. Therefore this law is unfair.
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Taxes and gift card forfeiture are two completely different things to a DUchebag. One it never pays and the other it forgets it has. Therefore this law is unfair.
The principle is the same if you ask me. In either scenario the Govt is taking your own money from you. The big difference is you can opt out of the gift card "tax" by just spending the damn thing within 2 years. There is no legal way out of taxes.
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no limit (1000+ posts) Mon Jan-03-11 05:31 PM
Response to Reply #5
6. It's a free country, if I want to buy a gift card that is my choice I dont need the government coming in and taking my money because I didn't use it in a time frame they deemed appropriate.
I agree that most giftcards are never fully used and are a great source of income for stores. So what? If you think there is something wrong with how gift cards are handled you can set up regulations that protect the consumer, not take their money from them.
Lousy freeper troll. :naughty: :fuelfire:
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This is why I prefer cash.
I make sure to use my gift cards right away so this does not happen. The companies already charge a monthly fee if you don't use the card within a certain time frame.
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This is why I prefer cash.
I prefer cash too. But, I do have credit cards just in case of an emergency big money repair.
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I prefer cash too. But, I do have credit cards just in case of an emergency big money repair.
We have our credit/debit card for that stuff, but this is mainly in regards to those Visa gift cards you can get at the stores.
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This is why I prefer cash.
I make sure to use my gift cards right away so this does not happen. The companies already charge a monthly fee if you don't use the card within a certain time frame.
People that have gotten me gift cards know me well enough to buy them from stores that I shop at. I've always used all the money on them.
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This is why I prefer cash.
I make sure to use my gift cards right away so this does not happen. The companies already charge a monthly fee if you don't use the card within a certain time frame.
If I get a gift card it doesn't last long enough for them to take any of the money away. :-)
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People that have gotten me gift cards know me well enough to buy them from stores that I shop at. I've always used all the money on them.
My mom always asks what stores we want a gift card to.
My top two are always Target or Kohl's.
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My mom always asks what stores we want a gift card to.
My top two are always Target or Kohl's.
Mine were always Circuit City and Best Buy, except for a couple to a local bar I used to go to. :)
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Mine were always Circuit City and Best Buy, except for a couple to a local bar I used to go to. :)
Bars have gift cards?
If so, that is awesome.
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People that have gotten me gift cards know me well enough to buy them from stores that I shop at. I've always used all the money on them.
Yes. Same here.
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My mom always asks what stores we want a gift card to.
My top two are always Target or Kohl's.
People who get me gift cards--usually family--know that Cabela's gets my nod.
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What? No WalMart cards? :rotf: :lmao:
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It's actually more fair than a tax, since though the time may be short, it treats them like abandoned property, and most other types of abandoned property eventually go back to the sovereign after a claim period expires.