TOWN HALL MEETING
Clint Didier (R-WA)
&
Cong, Ron Paul. M.D.
WED. Aug. 4
Hosted by Square One Media Network
Webcast via "Second Opinion"
Blog Talk Radio Show
CLICK HERE TO LISTEN TO ARCHIVED SHOW
Ron Paul talks about his endorsement of Clint &
the new stimulus bill. Clint takes questions from listeners.
------------------------------------------------------------------------------------------------------
6/30/10 -- You're invited!
NATIONAL GRASSROOTS “MEET THE CANDIDATES”
VIRTUAL TOWN MEETING
Meet 2 of the Sarah Palin-endorsed
candidates behind the headlines!
WED. JUNE 30
9– 10 PM EDT
Web Talk Radio Show
CLICK HERE TO LISTEN LIVE ON
BlogTalkRadio.com
FORUM SPONSORED by:
American Grassroots Coalition
Square One Media Network
TakeBackWashington.org
Listen live through www.TakeBackWashington.org
Call in with your questions or submit in advance through the website
Or :
If you can’t get to a computer, use the LISTEN-ONLY conference line
(712) 432-3900 and enter access code 285110#]
--------------------------------------------------------------
You've heard about these races
We've learned in the past year that every member of congress affects us, even if not from our state or district.
This is the first in a series in coming weeks.
These candidates have been identified from grassroots organizations as the candidates speaking for the people. Listen for yourself and decide if these are the candidates speaking for you.
Send in your questions and thoughts.
Even ask questions during the show.
CANDIDATES THIS WEEK:
STAR PARKER (CA-37)
www.StarParkerforCongress.org
A former welfare mother who became one of the leading urban policy experts in the country, Star is a conservative author, activist and founder of a non-profit, CURE, she is author of
"UNCLE SAM'S PLANTATION: How Big Govt Enslaves the Poor.”
She is running in Los Angeles County to unseat tax-and-spend Democrat Laura Richardson.
READ MORE
CLINT DIDIER (WA - Senate)
www.ClintDidier.org
Superbowl winning Redskin returned home to coach state champ football team and run his family farm.
Polls show he is in striking distance to UNSEAT PATTY MURRAY!
This is another race in which the Party establishment has dumped $millions$$into their handpicked candidate instead of letting the people make their choice.
READ MORE
------------------------------------------------------------------
So you're 62 years old and have been downsized, laid off or forced into early retirement because of the struggling economy. And you think to yourself, "I'll take early retirement under Social Security, which will provide a small but reliable (let's hope!) income, and get a job that will pay maybe $20,000 or $25,000 a year to make ends meet."
In a word: fugetaboutit!
That's because Social Security will withhold one dollar for every two you make above $14,160 this year. It's called the Social Security earnings limit, and it exists to discourage older Americans from taking early retirement under Social Security.
The original earnings limit was created with the passage of Social Security in 1935 to fulfill social policy, not economic policy. Jobs were scarce during the Great Depression; and the earnings limit was intended to encourage retirees to leave the workforce to open up jobs for younger workers.
Initially the penalty applied to all seniors. Then:
· In 1950 Congress exempted retirees age 75 and older.
· That threshold was lowered to age 72 in 1954 and 70 in 1983.
· And it was eliminated for seniors age 65 and over in 2000.
Thus, seniors older than the threshold, which is now at 66 (and rising), can earn as much as they want without a penalty.
But not early retirees. If you are between the ages of 62 and 66 and you want to take early retirement under Social Security, you can -- but your income is limited to $14,160. Make more than that and you will face in essence a 50 percent marginal tax rate on your Social Security benefits.
Defenders of the earnings penalty -- which historically included AARP -- claim it encourages people to stay in the workforce. Nonsense, the average retirement age is 63.6; and the large majority of Americans formally retire-though they might still work some -- before the age of 66.
What the earnings limit does is penalize productive older workers who may need additional income to make ends meet. The Obama administration did not create this problem -- though its economic policies arguably have made it worse -- but it can end this penalty, and end it now.
*************
By IPI Resident Scholar Dr. Merrill Matthews.
TaxBytes is published weekly by the Institute for Policy Innovation. TaxBytes is distributed via email, as well as through the website at http://www.ipi.org
-----------------------------------------------------------
SIGN THE PLEDGE to REPEAL OR OVERTURN GOVERNMENT HEALTH CARE
