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" ... Before we go further, let’s discuss why this provision was put in place back in 1984. When Social Security calculates your monthly benefit, the calculation proportionately produces a larger benefit for the lower earner. By that I mean, someone making $25,000 a year will receive a proportionally higher Social Security benefit than a person earning $100,000. Granted, the person earning $100,000 a year will receive a larger Social Security benefit amount, but that benefit is proportionately smaller based on their salary of $100,000 than the person earning $25,000. For example, a university professor earning $100,000 a year under STRS, has a second job in the Social Security system that pays her $25,000. When she applies for Social Security benefits, what does she look like to Social Security, correct, a low earner because all Social Security knows is, she makes $25,000, but she’s really not a low earner. The Windfall Elimination Provision is designed to calculate her Social Security benefit as if she is a high earner at $125,000 all in the Social Security system. Whether you think this is fair or unfair, now you understand the logic behind the provision. ... "
" ... His cofounders are riding high, too. Nathan Blecharcyzk (chief strategy officer) and Joe Gebbia (chief product officer) each own just under 10%. They were worth an estimated $4.7 billion at the IPO price. They’re now worth $10.3 billion each, Forbes calculates. They each also sold 517,241 shares this morning for an estimated $22 million in cash after-taxes. ... "
" ... NFIB calculates an Uncertainty Index, based on the percent of owners who can’t give a definitive answer to six Small Business Economic Trends survey questions (“don’t know”, “uncertain”), such as do you expect business conditions in six months to be better or worse or do you plan to increase or decrease the total number of people working for you. Owners in the Mid-Atlantic states registered the highest incidence of very uncertain owners, 18 percent, followed by 16 percent of owners in the South Atlantic states and the adjoining East South Central states. Least uncertain were owners in the West South Central, New England and Pacific states (they were the most pessimistic and sure of it!), with only 9 percent frequently uncertain about their answers. ... "
" ... That’s according to the website PlayoffStatus.com, which calculates the probabilities of teams finishing in certain playoff spots. ... "
" ... While only 60 games were played as part of the 2020 season, the league calculates what final costs were for player compensation for the purposes of the Competitive Balance Tax (CBT) or as it’s more commonly referred to as the Luxury Tax. The league waved the Luxury Tax this year but had it been in place, financial penalties would have been accessed to any club over the $208 million threshold that was based on full payrolls by average annual value and including benefits and a Covid-19 credit of at least $1.5 million per club, with varying degrees of tax rates applied given how many consecutive years a club has broken the threshold, and how far over that figure a club goes. ... "