Tuesday, October 15, 2019
WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?
* And the beat goes on. Tony Nitti’s “Reviewing The Democratic Candidates' Tax Plans” series turns to “Kamala Harris”.
* My weekly NATP email newsletter reported –
“The Social Security Administration (SSA) has announced that the wage base for computing the social security tax (OASDI) in 2020 increases to $137,700 from $132,900. The quarter cost-of-living adjustment (COLA) coverage figure will rise from $1,360 for 2019 to $1,410 for 2020. The increase in the quarter of coverage figure also serves to increase the lower and upper limits under optional methods for computing self-employment tax.”
The SSA also announced the 2020 COLA increase for monthly benefit checks is 1.6%.
Click here for a Social Security 2020 Fact Sheet.
* Did you know the “IRS announces tax relief for Texas victims of Tropical Storm Imelda”.
“. . individuals who reside or have a business in Chambers, Harris, Jefferson, Liberty, Montgomery, and Orange counties may qualify for tax relief.”
Victims have until Jan. 31, 2020, to file various individual and business tax returns and make tax payments. The tax relief postpones various tax filing and payment deadlines that occurred starting on Sept. 17, 2019.
* How long does Uncle Sam have to audit your Form 1040? Robert W Woods explains in “IRS Audit Period Is 3 Years, 6 Years Or Forever: How To Cut Your Risk” at FORBES.COM.
* YAHOO MONEY tells us “These are the best and worst states for taxes in 2019.”
The article explains that NJ “charges the highest property tax in the country of $2,530 per $100,000 in home value”.
THE LAST WORD –
I am not a legal or political expert. I am not a registered Democrat or a registered Republican – although I have in the past voted for Democratic, Republican and 3rd Party candidates in various races. I am just a concerned citizen with a conscience who has been casually following Trump’s “career” for close to two decades.
It is obvious to me, and I should think anyone with a brain, that Trump the man is a worthless piece of garbage, totally devoid of humanity, humility, honor, integrity, credibility, empathy, sympathy, and intelligence, who cares only for himself - feeding his ego and lining his pockets - and absolutely nobody or nothing else. He has no political beliefs, philosophy or ideology and clearly no concern whatever for America, the American people, American values and democracy, or the world.
It is also obvious to me that no person with a brain and a conscience could ever affirmatively support and defend Trump the man or Trump the President.
It is truly puzzling that the Republican Party and Republicans in Congress have abandoned all integrity, honor and credibility by publicly supporting and defending Trump, while privately observing and acknowledging the same things about him that I do. Apparently, the Republican Party believes the votes of Trump’s core cult of ignorant racists are more important than protecting and defending the country and the Constitution.