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=439x109917no 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.
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.
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.
