Entry level California home costs up 88% since 2020.

[jyoutz]

Yeah it looks like the vast majority won't pay any tax on the benefit.

People who claimed awhile back may not, but most SS benefits for people retiring today are quite a bit more than $25k/year.

 

[jyoutz]

News article also says this:
A single senior receiving the average $24,000 in annual Social Security income will see deductions exceed their taxable amount. Married seniors with a combined $48,000 in benefits will also see full exemption from federal income taxes.

If I'm reading that right (and assuming the info. is correct), if you are married and your SS income is not more than $48000, then you don't pay any tax on the SS income (regardless of how much income you have OTHER than SS). And, the $48,000 is the total SS income, as long as you are married, regardless of whether it is one or both in the couple that are on SS.

Right or wrong?

I thought it refers to total income, but if you are correct then not many would pay taxes on SS.

 

[D&D]

Because the local hotels, food, and beverage businesses have the ear of local politicians. Sports facilities bring in a lot business to those establishments and also a lot of tax revenue to the city.

Very doubtful, the winners are the franchise owners not the public forced to provide funds.

"This literature contains near-universal consensus evidence that sports venues do not generate large positive effects on local economies."

https://joeornstein.github.io/pols-4641/readings/Bradbury%20et%20al.%20-%202022%20-%20The%20impact%20of%20professional%20sports%20franchises%20and%20v.pdf

 

[D&D]

Seniors is defined as 65 and older. Us younger retirees don't see any benefit.

You're rich, you don't need it