Congress is taking it’s time on making decisions that will affect our tax rates in 2013. Senators were close to a deal to avoid a tax hike but it seems to be delayed. Click below to find out more. WiL Major
Congress Considers Getting Rid Of Dollar Bills
In a move to save tax payer $4.4 Billion over the next 30 years, the move to transfer small bills into coins could help the economy without further taxing the people’s pockets literally. I think it’s a good idea, Congressional auditors say that because of coins can last for years and are very durable whereas dollar bills need to be replaced every few years and receive much more wear and tear. Hit the jump for more. PaulDaPro
If This Happens,What Will We Throw At Strippers?
Congress is wrestling with the idea of removing $1 bills from circulation and replacing it with dollar coins. Supposedly, it could help taxpayers save a little more than $4 billion in the next 30 or so years. Just think about what it would be like to always deal with coins as dollars instead of paper. I personally don’t like the idea, even though I am an avid debit card user. I just think about all of the change that I disregard now and can’t even imagine how many dollars I would disregard in the same manner. Now seriously what will people be throwing at strippers, go go dancers, etc ? Coins? I highly doubt $5 bills will be floating around at these venues. Tips for bartenders,waitresses, etc ? Would this change ruin many businesses? Steph B
The Promise Of Tax Rate Increase For Higher Earners Got President Obama Re-Elected
It’s being said that the reason the “majority” re-elected, President Obama is because of his promise to avoid a “fiscal cliff” and to raise the taxes for higher earners, a promise that he plans to keep. The tax raise, which plans to set in effect on Jan. 1 is because of the expiration of the Bush tax rates. President Obama didn’t out-right mention the the Bush tax rates, however he did state, “I refuse to accept any approach that isn’t balanced.” He then adds, “Our job now is to get a majority in Congress to reflect the will of the American people.” Check down bottom for more. JaaiR (JR)
U.S. CEO’s Come Together To Combat Government Debt
About 90 of the nation’s top CEO’s pressed Congress to reduce the U.S. trillion dollars debt. The CEO’s are working on a ‘deal’ to restore confidence and the economy. Click below to get more info. Funk Flex
Want A Gun? Wait Until Your 21!!!
The National Rifle Association lost in the 5th U.S. Circuit Court of Appeals today fighting for the rights of 18 to 20 year-olds to purchase hand guns. Congress passed the mandate in 1968 in order to keep weapons out of the hands the hands of the immature and reckless. The NRA says it infringes on an adults right to bear arms and we know they love their guns,Congress has a difference of opinion. Click below for more info. Funk Flex
