The Riverhead Town Board gave formal approval to the naming of Dawn Thomas to the Industrial Development Agency (IDA). Thomas is the former Town Attorney who was replaced when she left to take a position as an assistant to a Supreme Court judge. There were several objections voiced to her appointment including some Town issues and possible ethical considerations while working for a judge who may have to judge IDA projects.
Christmas Recital at Mercy
The students at Bishop McGann-Mercy presented a very entertaining evening this past Tuesday. The choirs (two), the symphonic and jazz bands were outstanding. The string quartet, a new feature, was especially interesting and innovative. The jazz ensemble was excellent playing both Christmas and pop numbers. Great showing.
Define Payroll Tax Deduction Please
At this hour the two houses of Congress are at loggerheads in trying to solve the Payroll Tax Deduction bill. Speaker of the House Boehner says the bill passed by the House which included a Payroll Tax Deduction for one year is the way to go whereas Senate majority leader Reid says the Senate bill with just a two month deduction period is his final offer.
Never mentioned is the fact that the deduction they both speak of is actually a reduction in the amount contributed to the Social Security fund (already in dire straits) as well as a reduction in the individual's Social Security account.
Overtime, a reduction in the fund and personal contribution will reduce the amount you will receive at retirement. How long can you live with a Payroll Tax holiday? At some point the country must return to the full Social Security contribution or be faced with a severe shortage in all Social Security accounts.
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