Posts Tagged ‘social-security’
Kiplinger Letter May 14, 2010 (The Kiplinger Letter)
Dear Client, European debt woes dominate the news. But excessive debt is a global phenomenon. Most developed countries over borrowed in recent decades. In the U.S., federal debt soared from an amount equal to 45% of GDP in 1989 to 69% this year. Japan went from 14% to 106%. The U.K., from 30% to 75%. And those figures don't take into account other liabilities, such as state and local debt and future obligations...funds needed for pensions for citizens and civil servants or IOUs to the Social Security Trust Fund, for example. Read the rest of this entry »
Kiplinger Tax Letter February 19, 2010 (The Kiplinger Tax Letter)
Look beyond the upcoming FINAL health care vote. Other tax bills are making speedier progress,driven by congressional Democrats' continued worry that if the economy still sags come this November,their party will face a disaster in the voting booth. The result: More tax relief for businesses.Start with a tax credit to spur job creation. President Obama just signed a law exempting firms from paying Social Security tax this year for workers hired after Feb Read the rest of this entry »