As Congress and the White House consider cutting spending and raising taxes, I hope they consider what creative entrepreneurs do when tax rates get too high.
Here’s an example:
When a special sales tax on theater ticket sales were raised to 21%, a theater owner in Spain put on his thinking cap.
He noticed that vegetables at the supermarket were taxed at only 4%, so he began selling vegetables instead of theater tickets. If you buy a bunch of carrots from the theater for $16, you are treated to a free theatrical performance.
Get your carrots here, folks!
Divorced first hubby after 22 years in 2004!(we both remarried)….I remarried different man (hubby number 2 )in 2012..I am still married to him…If my current hubby passes before 62 years of age and 10 years of marriage would I be eligible to receive his full SS benefits or just widow benefits? How do they calculate widow benefits? Or could I choose which Hubbies retirement I take….1 or 2…1st hubby I would get 1/2 of benefits,divorced spouse, correct? Do I have to be divorced,or current hubby passes to collect on 1st hubby SS? Do I get to choose? TY for response
If you are married to H2 at the time of his death, you would be eligible for widow benefits, which are the equivalent of what he would have gotten if he had lived. You can collect reduced benefits as early as age 60, or wait and collect full benefits at age 66+. If you and H2 divorce, and at that point you had been married to him for 10 years or longer, then once you reach retirement age you can collect divorced spouse benefits based on H1 or H2, or your own benefits, whichever is higher.
TYVM…
Hello and thank you. I was married for 17 yrs. I’m still legally married. He had decided to walk away and fly off to his Country. He abandoned us since 2005. He became a U.S. citizen, had his business here in America. He left because he want to live in America He’s been gone for 14 yrs. He claimed he remarried in Korea. I never filed for divorce . I’m 55 yrs old and became disabled again. I’m, I able to get Soc. Sec. when I turn 66 ? Even if he’s in Korea . Thank you and bless you for any advise.
When you are 66 you can collect full social security benefits based on your own earnings history, or spousal benefits based on your spouse’s history, whichever is greater. It doesn’t matter where he is living, but his earnings history only includes wages he earned in the US or from a US-based employer if he was working abroad and covered by social security in that employment.
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