Feeling Under-Taxed? Send Uncle Sam Some Extra Cash
Senator John Thune (R-SD) has introduced legislation that would create an option for individuals who believe they are under-taxed to voluntarily send extra money to the U.S. Treasury.
Senator John Thune (R-SD) has introduced legislation that would create an option for individuals who believe they are under-taxed to voluntarily send extra money to the U.S. Treasury.
Another pay freeze for federal employees has been recommended as a way to cut costs.
The Social Security Amendments of 1983 included a hefty payroll tax hike that was designed to generate large Social Security surpluses for about 30 years. These surpluses were supposed to be saved and invested in marketable U.S. Treasury bonds, which could later be resold to finance benefits for the baby boomers. The author says this has not happened and points to some examples.
Many FedSmith readers have commented on the excessive time it takes OPM to process the paperwork for full annuity payments. It is likely to get worse instead of better. Here’s why.
A new Executive Order signed by President Obama reemphasizes federal agencies’ obligations to promote a diverse workplace.
What’s changed and what hasn’t with regard to writing your federal resume now that KSA’s are (mostly) gone?
How much will your health insurance cost you in 2012? Check out the new rates and take a close look at your options before this year’s open season.
Inflation has been very low for the past two years and federal retirees and those receiving Social Security payments have not had an increase. That is likely to change in 2012. Here’s why and how much.
The total number of federal employees has increased in the last 30 years. But has the federal workforce actually “expanded?”
Senator Mike Crapo (R-ID) and Representative Peter Roskam (R-IL) have proposed legislation to permanently cap the dividends and capital gains tax rate at the current 15% level.