A suspect was arrested early Tuesday morning in the stabbing of a man found outside Casa Rica, a local club on Main Street in Riverhead. The victim was taken to Stony Brook Hospital and remains in critical condition.
LIRR Service Big Cut
Riverhead residents who hope to ride the railroad between their town and Ronkonkoma or Greenport on weekends are finding "no schedules". The line has cut out service between Ronkonkoma and Greenport on weekends until next Memorial Day. Has the MTA payroll tax been removed? Nah!
The Big Tax Monster Strikes in January
(First in a series)
In just two months, on January 1, 2011, the largest tax hikes in the history of America will take effect.
They will hit families and small businesses in three great waves.
On January 1, 2011, here's what happens...
First Wave:
Expiration of 2001 and 2003 Tax Relief
In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families.
These will all expire on January 1, 2011.
Personal income tax rates will rise.
The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).
The lowest rate will rise from 10 to 15 percent.
All the rates in between will also rise.
Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.
The full list of marginal rate hikes is below:
The 10% bracket rises to an expanded 15%
The 25% bracket rises to 28%
The 28% bracket rises to 31%
The 33% bracket rises to 36%
The 35% bracket rises to 39.6%
(Above info from an alert neighbor).
More to come.
Gallup Predicts Large Unemployment Figure
The national polling agency is predicting that unemployment claims will hit 10% in early November
Boeing Can't Cover Healthcare
Boeing Aircraft announces that 90,000 employees will have to pay a greater share of their health care costs due to the demands of the newly enacted Obama healthcare plan. Just one of many corporations seeking relief from the healthcare reform act.
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