Monday, December 21, 2009

No cost of living increase in 2010

Social Security Rant

Title: Social Security Rant
Article Snip: "...there will be no cost of living increase in 2010. This is based on the Consumer Price Index (CPI). The CPI is the federal government’s official measure used to calculate cost-of-living increases and according to the CPI there was “no” rise in the cost of living during the past year so all Social Security benefits will remain the same during the following year...."
Reference: www.gather.com

Tuesday, December 8, 2009

Surprise! 15 million will owe taxes on tax break

Title: Surprise! 15 million will owe taxes on tax break
Article Snip: "...The AP reports today that one of the centerpieces of Barack Obama’s middle-class tax cut will wind up looking like a tax increase next April 15th. A $250 rebate did not get structured properly, and up to 15 million recipients — mainly seniors — will end up owing more money because of a double-dip that went unaccounted..."
Reference: hotair.com