Finance

IRS policy means fewer dollars and a whole lot of nonsense

Dear Mr. Berko: My wife and I will be eligible for full Social Security benefits next month, and I will continue to work because we need the money. But I need to know how much of our Social Security income will be taxed when we begin receiving our checks, and I can't figure out all the stupid instructions on the tax form.

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Editorial: Time to end the arms race

You're the leader of a large, profitable company that is ripe for expansion. You have operations in multiple states, and all of those states are lining up tempting offers to entice you to expand in their backyards.

Grants.

Tax breaks.

Low-interest loans.

If you're the leader of that company, what would you do? You'd probably sift through the offers and go with the best one, right?

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SOUND OFF

Last week's question:

Manufacturer BAE Systems, which posted a $1.8 billion profit in 2007, received $4.3 million from Pennsylvania to expand its York County operations. Should this state and other states offer these types of incentives to large corporations?

NO — 57 percent

YES — 43 percent

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