Michael Pappas
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Michael Pappas
Michael James Pappas (born December 29, 1960) is an American politician and former one term Republican Congressman from New Jersey, serving from 1997 to 1999. He is currently the Township Administrator in Bridgewater, New Jersey. He was an unsuccessful candidate for State Senator in New Jersey's 16th legislative district in the 2021 election. In November 2022, Pappas announced he was running for the State Senate again. Early life and education Pappas, a Greek American, was born in 1960 in New Brunswick, New Jersey. He is a graduate of Alma Preparatory School in Zarephath, New Jersey, and attended Seton Hall University. Political career He got into politics in the early 1980s, becoming a member of the Franklin Township township council where he served from 1982 to 1987, including two years as mayor. He later would be elected to the Board of Chosen Freeholders for Somerset County, and served from 1984 to 1996, alongside future Governor Christine Todd Whitman, who was also a F ...
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New Jersey
New Jersey is a state in the Mid-Atlantic and Northeastern regions of the United States. It is bordered on the north and east by the state of New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the fifth-smallest state in land area; but with close to 9.3 million residents, it ranks 11th in population and first in population density. The state capital is Trenton, and the most populous city is Newark. With the exception of Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Philadelphia. New Jersey was first inhabited by Native Americans for at least 2,800 years, with the Lenape being the dominant group when Europeans arrived in the early 17th century. Dutch and Swedish colonists founded the first European settlements in the state. The British later seized control o ...
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Christine Todd Whitman
Christine Temple Whitman (née Todd; born September 26, 1946) is an American politician and author who served as the 50th governor of New Jersey from 1994 to 2001 and as Administrator of the Environmental Protection Agency in the administration of President George W. Bush from 2001 to 2003. Born in New York City to a Republican political family, Whitman graduated from Wheaton College in 1968 and began her political career in the Nixon administration Office of Economic Opportunity. Before being elected Governor of New Jersey, she founded the Republican advocacy organization Committee for Responsible Government in 1993. , she is the only woman to have served as governor of New Jersey. During the 2020 presidential election, Whitman chose to endorse Democratic nominee Joe Biden over Republican nominee Donald Trump. She is a co-founder and co-chair of States United Democracy Center. In 2022, she joined former Democratic presidential candidate Andrew Yang to create the Forward Par ...
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USS New Jersey (BB-62)
USS ''New Jersey'' (BB-62) is an , and was the second ship of the United States Navy to be named after the US state of New Jersey. She was often referred to fondly as "Big J". ''New Jersey'' earned more battle stars for combat actions than the other three completed ''Iowa''-class battleships, and was the only US battleship providing gunfire support during the Vietnam War. During World War II, ''New Jersey'' shelled targets on Guam and Okinawa, and screened aircraft carriers conducting raids in the Marshall Islands. During the Korean War, she was involved in raids up and down the North Korean coast, after which she was decommissioned into the United States Navy reserve fleets, better known as the "mothball fleet". She was briefly reactivated in 1968 and sent to Vietnam to support US troops before returning to the mothball fleet in 1969. Reactivated once more in the 1980s as part of the 600-ship Navy program, ''New Jersey'' was modernized to carry missiles and recommissioned ...
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Small Business
Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience stores, small grocery stores, bakeries ...
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Capital Gains Tax
A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, Bond (finance), bonds, precious metals, real estate, and property. Not all countries impose a capital gains tax and most have different rates of taxation for individuals versus corporations. Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, Cayman Islands, Isle of Man, Jamaica, New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are taxed on such profits as a business income. In Sweden, the Investment Savings Account (ISK – ''Investeringssparkonto'') was introduced in 2012 in response to a decision by Parliament to stimulate saving in funds and equities. There is no tax on capital gains in ISKs; instead, the saver pays an annual standard low rate of tax. Fund savers nowadays mainly ch ...
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