Originally published by Hartford Courant– In a recent letter to the Courant, Larry Lazor, who is a Republican running to represent the 1st Congressional District, made the all-to-common mistake of telling Hartford residents what we should want without first asking us what we need. Except for a stint as a U.S Army combat soldier in […]
“Readers Speak: Apple Cinemas don’t serve art-film fans” Read More »
Originally published by Record Eagle– On Jan. 1, 2022 — 61 seconds into the new year — Jeff Bezos hit his income cap for Social Security payroll tax. The world’s richest man, whose net worth is over $200 billion dollars, contributed to Social Security his 6.2 percent payroll tax withholding of $9,114 — based on
“Fred Goldenberg: Raise the cap and save Social Security” Read More »
Originally published by National Interest– The Social Security Administration announced last August that its main trust fund will no longer be able to pay full benefits by 2034, a year earlier than previously projected. That means that unless Congress acts before then to change the formula for Social Security funding, recipients will receive less than in the
“The AARP Releases New Plan for Social Security Reform” Read More »
Originally published by National Interest– While it’s not clear exactly what Congress might do to save Social Security, some lawmakers are already working on their own solutions. Rep. John Larson (D-CT) has introduced a bill to protect the Social Security program, although it’s far from clear that it will be passed. Meanwhile, a report last week stated
“New Bill Aims to Protect Social Security Recipients from Fraud” Read More »
Originally posted by The Intercept – The proposed Social Security 2100 Act would bolster the nearly century-old social insurance program through additions like caregiver credits and increased minimum benefits. Rep. John Larson, D-Conn., the architect of the plan, joins The Intercept’s Ryan Grim and Jon Schwarz to discuss why he thinks an expansion of Social
The Case For Expanding Social Security Read More »
Originally published by Roll Call– Innovation leadership in the United States is at serious risk with the 2022 shift in income tax treatment of research and development (R&D) expenses. For the first time in nearly 70 years, business cash flow is negatively affected by the inability to immediately write-off their R&D expenses in the year
“Shift in tax treatment for R&D expenses a hit to innovation” Read More »
Originally published by CT News Junkie — With President Joe Biden’s Build Back Better legislation halted in the U.S. Senate, Connecticut Democrats hoped to drum up support Monday by highlighting the bill’s extension of a recently-expired monthly tax credit for families with children. “I think the outcry you’re going to hear from people — when
Larson, Bronin Urge Extension of Child Tax Credit Read More »
Originally published by Hartford Business Journal– Longtime Congressman John Larson, D-1st District, announced Friday morning his intentions to run for a 13th term. Larson, 73, sits on the influential House Ways and Means Committee as its chairman and has represented the First District, which includes Hartford, since 1999. Larson also chaired the Democratic caucus during
“Congressman John Larson announces intentions to seek 13th term” Read More »
Originally published by The National Interest– For the last several years, Democratic Congressman John Larson (D-CT) has been on a quest to save Social Security. Called Social Security 2100, the plan has nearly two hundred co-sponsors across both houses of Congress. The latest version of the bill, which is different from how it looked in past
Can Congressman John Larson Save Social Security? Read More »
Originally published by Market Watch– The pandemic placed the spotlight on the importance of Social Security and what it means to older Americans, who were among the hardest hit these last 21 months. It’s one of the reasons why Congress needs to act to enhance the program, said Rep. John Larson, chairman of the House
This is why Congress needs to act on Social Security — right now Read More »
