Monday, December 31, 2012

Cliff Deal Would Extend Tax Cuts , Do Little Else

    For those of you who believed the hype that the world as we know it would end at midnight...relief at last.
This Happy Pair Negotiated the Deal
    Looks like a compromise tax package and no commitment to spending cuts...A deficit-forever package, but one that makes permanent the tax rates for all but the highest incomes...
    But remember, your FICA tax goes back up and that's worth about a grand to most of you.
    While Congress might take a couple days to complete the voting, it looks like the deal is done for now...Until the next "cliff" in a month over the borrowing limit...
      Meanwhile, best wishes to all of your for a happy and safe holiday and a great 2013.
Cliff Deal Would Extend Tax Cuts For Households Up to $450,000 - NationalJournal.com

Money From a Red State Arrives

   I will say the State of North Carolina is prompt in issuing checks. The scratch off tickets I sent to Raleigh the day before Christmas resulted in a $26 dollar check in the mail today from the Tar Heel State.

      The tickets were in a Christmas card from my brother. The $20 winner in the bunch...I wonder if Bruce would have put that in the card had he known ?

Inside Albany: Governor plans overhaul of agency responsible for New York’s economic development - NYPOST.com

    Governor Cuomo plans a complete makeover of the state's provider of corporate welfare after concluding the Empire State Development Corporation is inefficient and unfocused in its bid to "create jobs" in the NYS.
    This stands as a priority for the Governor in the new year, but also look for a new gun control law and a hike in minimum wage to be supported on Eagle Street.
Inside Albany: Governor plans overhaul of agency responsible for New York’s economic development - NYPOST.com