Your Taxes Will Almost Certainly Go Up in January, and Congress Won’t Stop It — Dollars and Sense
Regardless of who wins the presidential election, starting January 2013 some 163 million workers across the United States will be slapped with a significant tax increase.
That is because the temporary reduction in the Social Security payroll tax will expire at the end of the year, and there does not seem to be a lawmaker around interested in extending it any further. With too much standing in the way to even try to stop it—Republicans question its efficacy, Democrats don’t want to deprive Social Security of funding—this tax increase is predicted to cost the average American worker nearly $1,000 per year, with two-income families at six figures paying in almost $5,000.
So, beginning in 2013, workers will once again contribute 6.2 percent of their income (of the first $113,700) to Social Security compared to the 4.2 percent they have been paying in since 2011. While the increase might not seem like much, the two-year tax break has saved some workers more than $1,000 per year.
The two-year tax cut cost Social Security almost $103 billion in 2011 and $112 billion in 2012, which by law Congress must repay, adding more strain to the national debt as well as the average American household.
[ABC News]
The Freedom Train – Holiday World’s Last Original Ride Has Pulled Into the Station for the Last Time
May 25, 2013 8:00 AM Holiday World first opened it's gates on August 3rd, 1946 as Santa Claus Land. One of the original rides was the Freedom Train, whose engineer was none other than Santa himself. The Freedom Train, Holiday World's last remaining original ride has been officially retired and will run no more, which ends 66 years of faithful service for the little train that could.
New Social Networking Site For Dog Owners Asks ‘Where My Dogs At?’
May 25, 2013 4:00 AM Until about a year ago, I have always been a dog person. I never had a cat, EVER! But, when the VHS brought a little black kitten into our studio, I couldn't help but take her home. Now, I know not ALL of you have come over to the cat side or even straddle the cat/dog fence so for you dog lovers, I have found a an app that you LOVE!!
Will Indiana Ever Allow Sunday Beer Sales?
May 24, 2013 11:32 PM Sunday alcohol sales across the state of Indiana has been the subject of much controversy, mostly because liquor store owners want nothing to do with Sunday sales, and even more interesting than that, they do not want your local grocery store to be able to sell it either.
Men Say the New ‘Evolutionary Husband’ Samsung Ad Is Sexist and Wrong
May 24, 2013 8:00 PM There have a been a few controversial commercials lately, but a new ad from Samsung has men everywhere crying foul. Usually, when the term 'sexist' is used about an ad, it almost always involves women being offended in some way, but the new Samsung ad, called 'Evolutionary Husband' has men very angry about being portrayed as morons.
Kenny Chesney Brings Music to Alzheimer’s Patients
'Pirate Flag' singer Kenny Chesney is known for his big-hearted kindness, as portrayed by his generosity to Boston and his support of grieving Newton families. Now, he's helping 'spread the love' in another impacting way, teaming up with non-profit organization Music and Memory to help bring music to Alzheimer's disease and dementia patients.
B.U.L.L.I.E. Nation Rescue Is Helping The Animals Of Moore, Oklahoma
May 24, 2013 10:24 AM B.U.L.L.I.E. Nation Rescue and Pet Food Center are teaming up to help the animals and families affected by the tornado in Oklahoma. The shelters and rescues are overrun with extra animals to feed and care for. They will be having a Stuff the Truck event Saturday, May 25th from 10 to 4 at Pet Food Center’s North Evansville Location.
Darius Rucker on Racist Tweeter: ‘I Have to Expose This Idiot’
Darius Rucker is speaking out about the racist tweet that he recently received, calling the person who sent it an "idiot."
11 Examples of Hilarious Kid Poetry
It’s no secret kids are smart little nuggets. For starters, they’re chock-full of helpful logic and know how to fool parents with a fib. As we’ve recently discovered, they’re also very talented in the poetry department.
Miranda Lambert to Aid Animal Rescue Efforts in Moore, Oklahoma
Miranda Lambert's soft spot for animals is well known in country music circles. The singer has her own animal rescue organization, and she's agreed to pitch in to help take care of the many animals displaced by the devastating tornado which hit Moore, Oklahoma on Monday (May 20).
Jason Aldean Calls on Fans to Help Decide His Next Single
Jason Aldean has decided to 'take a little ride' on the wild side and let his fans help decide the next single from his hit record 'Night Train.' With ten No. 1 songs under his belt, he's hoping those who know best will be able to choose his next hit.