Archive | December 21, 2016

Will The Payroll Tax Holiday Stimulate Your Economic System

If you earn a payroll check the payroll tax holiday within the Bush tax cut package could give you a two percent pay hike. Lawmakers view the payroll tax holiday being a financial stimulus on the assumption that individuals will spend that additional money. But some economists say that customers will probably conserve more of that money than the politicians hope. If all will go as prepared, folks really should never need to obtain a personal cash loan. Resource for this article – Inside the payroll tax holiday and how to have a happy one by MoneyBlogNewz.
Payroll tax holiday: economic stimulus?
The payroll tax holiday proposal rolls back the employees’ share of the payroll tax from 6.2 percent to 4.2 % on income up to $106,000. Firms like Deutche Bank revised the predictions for 2011 from 3.3 % to 4.1 percent with economic growth after the tax deal had been announced. Here’s the math behind that reasoning:
Wages and salaries in the U.S. in 2010 total $6.44 trillion. That figure grew nearly 5 percent in the second and third quarter. If that rate continues, wages and salaries will total about $6.75 trillion a year from now. Deutche Bank estimates about 85 percent of total wages and salaries are dinged by the payroll tax. A 2 % reduction in that tax puts $115 billion back in workers’ wallets. Based on the current personal savings rate of 5.8 %, $108 billion — 0.7 percent of estimated 2011 GDP — would be spent. Therefore, 3.3 + 0.7 = 4.1 percent.
There is the Permanent Income Hypothesis to consider
Most are saying that there is too much optimism. This would be from Deutche Bank. Since informed consumers will realize the 2 % raise will only last just a little when, suggests John Carney at CNBC, the payroll tax holiday won’t increase spending that much. There is a name for this made up by economists. Permanent Income Hypothesis is that name. Future earnings are what people spend based off of. Current take-home pay doesn’t do that. The financial crisis changed people. Before it, people spent more than they earned and wouldn’t save at all. After that, the financial crisis came. Now people spend less and conserve more because expectations for the future are diminished.
What you are able to do with your payroll tax holiday
What should you do with that payroll tax holiday raise? Spending it isn’t the suggestion SmartMoney gives. Putting it in a Roth IRA, a traditional IRA or a 401(k) is the suggestion. The money will then be worth something. It will still be worth something after 2012 when the payroll tax holiday ends. You might end up just paying for the health care costs that are expected to rise next year. Buying new appliances is a new option. You could save hundreds of dollars in a few years with more energy efficient home appliances.
Citations
SmartMoney
smartmoney.com/personal-finance/taxes/what-to-do-with-a-payroll-tax-cut/#ixzz17WrUvmtU
CNBC
cnbc.com/id/40553481
Business Insider
businessinsider.com/deutsche-bank-explains-why-the-payroll-tax-holiday-is-a-game-changer-and-could-push-gdp-to-41-2010-12

Starting Solids Babies

I could never understand women who refuse to breastfeed their babies. Don’t they realize that breastfeeding is the only time when their babies are getting their complete nutrition at the right temperature, in sterile packaging, any time they want? After starting solids, babies suddenly become little gourmets, with particular requirements and tastes, and your life becomes much more complicated. The rule of thumb for when is the right time for starting solids for babies is, when they double their weight or at about 6 months. There are other, more visible signs that babies are ready to starting solids: when they can sit well unsupported, when they can hold their head, when they do not push their food out of the mouth with their tongue, as when suckling. And it is definitively time for starting solids for babies when they reach for your food, whether it is caviar or a burger. Once they start solids babies need well-balanced meals made of wholesome ingredients. In today’s world, the only way to ensure that what your baby is eating is wholesome is to buy organic. Read labels: in many countries, there is a certification and verification system to ensure that what is labeled -organic’ is truly organic. Why organic? Because organic food is grown on farms without any artificial chemicals, like pesticides, fertilizers, insecticides, without hormones, irradiation and genetically modified species. All those chemicals leave invisible chemical residue that cannot be washed, which accumulate in our bodies and cause a range of health problems. Because of their small size and fast metabolism, babies are much more sensitive to those chemicals than adults. Starting solids for babies is the beginning of constant worry for working mothers, who do not have the time to go to the market and buy fresh organic produce, and then spend hours preparing a wonderful gourmet meal out of it. Their husbands wish they did, but they do not. They spend whole day working, and for them starting solids for their babies is the time to discover a good, reputable manufacturer of packaged baby food. Fortunately, busy mothers are in luck, and there are great, ready-made organic products on the market. Organic is the key word, so read the label. Make sure that you are buying, and paying for, really organic, high quality food for your infant. At the time when they are starting solids, babies are developing their taste as well. It is good idea to introduce a variety of different foods to them, to get them accustomed to different flavors, textures, colors and combinations. Get them ready to enjoy the delights of food, but good, tasty, high quality food. If you are lucky, they will never ask for a burger and fries. healthy children’s recipes

healthy childrens recipes a>

infant solid food

Best Golf Cart Accessories

If you have gone through the trouble of purchasing a golf cart, you are more than likely going to want to personalize it with accessories. Which accessories you will choose will depend on what you are using the cart for (i.e. playing a round of golf or is it your primary mode of transportation). Therefore, this article is going to discuss three potential golfing cart accessories that you may want to check on.

The first accessory that we will discuss is the golf cart’s wheel and tires. Nowadays, there are many styles of wheels (from chrome to shiny aluminum) that will fit everyone’s sense of style. In case you are wondering, we recommend wheels made from steel and chromium as these tend to be the most durable wheels in the market today.

Another accessory, which is often overlooked, is the type of golf cart seat covers you have. You can choose seat covers (ranging from carpet to leather) which will simply amaze you with their durability and comfortableness. In fact, there are even options available now which have a seat heater built in. As you can imagine, the seat heaters could come in extremely useful when the weather turns a little cooler.

A third accessory which many people also forget about is changing out the golfing cart’s windshield. Nothing says that you have to keep the original, plain windshield. In fact, if you want to get a different windshield, the choices really are endless. As a few examples, windshields can match the color of your cart, can be either curved or straight, and some even have built in sun shades.

If you are going to buy a cart, we highly recommend you check out these three golf cart accessories. If you buy any of them, you can be assured that your cart will assume a customized look.

Mother’s Day Blessings

On MOTHER’S DAY, a day when we pay tribute to the woman who gave us life. For most of us, our mother holds a special place in our hearts for the unconditional love she has given, and the willing sacrifices she has made, in order to better our lives.

Mother’s Day is also a unique opportunity to celebrate all women. Oprah Winfrey says: “Biology is the least of what makes someone a mother.” This is a reminder that women enrich the lives of those they touch. Each of us has special talents and gifts that we can share, and, with love and support, we truly can make a difference in each other’s lives.

This Mother’s Day is also a unique opportunity to celebrate all women. Oprah Winfrey says: “Biology is the least of what makes someone a mother.” This is a reminder that women enrich the lives of those they touch. Each of us has special talents and gifts that we can share, and, with love and support, we truly can make a difference in each other’s lives.

This Mother’s Day, I want to acknowledge my mother, my mother-in-law, and all the special women who, in some cases unknowingly, have inspired and mentored me in my personal and professional life. Last, but certainty not least, a very extra special woman to me, my daughter (my best girlfriend). She arrived as a gift and a blessing from above on the second Sunday of May, Mother’s Day, 27 years ago.

This Mother’s Day, please take time to look beyond this declared day, dedicated to mothers. Think about the special women who may have inspired you or changed your life. They may not be your mother, or even a mother, but they are a blessing to you.

Karen Wellert
Arizona Adult Care Services