No column next week? Harold Camping, president of the Christian Family Radio network, predicts that the Rapture (the taking of God’s chosen people to heaven) will happen on May 21, 2011. Therefore, I may not be able to do the column for next week’s paper. I hope you’ll understand. According to Camping, the world will come to an end on October 21, 2011. Camping and others before him have based their predictions about Doomsday on their readings of the last book of the Bible, the Revelation of Saint John. On May 21 some of you might be uneasy about Camping’s predicted Judgment Day. Here’s some advice from Charles Schultz (the late creator of the Peanuts comic strip): “Don’t worry about the world coming to an end today. It’s already tomorrow in Australia.” Something for everyone The Boston Marathon is famous and popular. Kalamazoo just added a full marathon to its annual Run for the Health of It. Rockford has its own run, too. I propose a special marathon for those of us in the advanced seniors demographic. The distance would be 26 yards, with a two-hour maximum time limit. Canes and walkers are okay, but no wheelchairs. Naturally, the event would be postponed if the weather turns out less than perfect. Bad luck The young boy protested vigorously when his mother asked him to take his little sister along fishing. “The last time she came,” he objected, “I didn’t catch a single fish.” “I’ll talk to her,” his mother said, “and I promise this time she won’t make any noise.” “It wasn’t the noise, Mom,” the boy replied. “She ate all the bait.” Best advice A man asks a trainer in the gym: “I want to impress that beautiful girl over there. Which machine can I use?” Replied the trainer, “Try the ATM outside the gym.” Better luck next time Wanting to rob a downtown Bank of America, a man walked into the branch and wrote, “This iz a stikkup. Put all you’re muny in this bag.” Standing in line waiting to give his note to the teller, the man began to worry: someone might have seen him write the note and might call the police before he reached the teller’s window. So he turned, […]
May 19 2011
Update on Michigan income tax changes It’s time for an update on what is going on in Lansing concerning the income tax overhaul. The last week has been very interesting. Almost everything we originally heard Governor Snyder describe in that eventful speech of a few months ago concerning taxes has changed. I say almost everything because the corporate tax rate has remained the same at 6% and it still applies to only 1120C corporations. 1120S and partnerships will not be subject to the 6% tax. All of the non-refundable tax credits, such as the City Income Tax Credit, the Public Contribution Credit, the Community Foundation Credit, the Homeless Shelter/Food Bank Credit, and the College Tuition Credit are still eliminated. In addition, the $1,800 extra exemption for taxpayers age 65 and older and the $600 for dependents is eliminated. From that point on, however, practically everything has changed. One of the most controversial areas of reform concerned the taxability of pensions. It appears that pensions will be taxed on a tiered basis based on the age of the primary taxpayer. Taxpayers born before 1946 will see no change from the current law. All Social Security will be tax exempt. All public pensions will be tax exempt. The senior citizen exemption for interest, dividends and capital gains will not change. Plus, private pensions will remain tax exempt up to $45,120 for single taxpayers and $90,240 for joint taxpayers. Taxpayers born between 1946 and 1952, however, fall into a second category. For these taxpayers, the deal isn’t quite as sweet as for those in the first category. Before these taxpayers reach the age of 67, all Social Security will be tax exempt. However, they will not be eligible for the senior citizen exemption for interest, dividends and capital gains. The public and private pension amount that is tax exempt is limited to $20,000 for singles and $40,000 for joint taxpayers. If household income exceeds $75,000 for singles or $150,000 for joint taxpayers, there will be public or private pension subtraction. After these taxpayers reach age 67, their Social Security tax will remain tax exempt. They will not be eligible for the senior citizen exemption for interest, dividends and capital gains. In a change, the $20,000/$40,000 subtraction will be […]
21st Erwin Bylsma, Vena Devin, Deb Dittmer, Ashley Havemeier, Fran Kazmierski, Bea Laible 22nd Jeff Bell, Sarah Hone, Mickinzie Klinger, Brian Nylaan, Alan Richard, June Thielke, Ruth Van Soest 23rd John Broxholm, Irene King, Trissa Ruehs 24th Laura Ainsworth, Damon Hill, Harry Schultz 25th Debby Albrecht, Kim Fowle, Adam Kogelschatz 26th Sam Bartlett, Neal Brasure, Megan Kidd, Nancy Hill, Annie Mawby, Linda Reeds, Jim Wilson 27th Conrad Burnham, Esther Clark, Tim Huff, Nina Kettelhut
The Rockford American Legion Post will be hosting its second annual Classic Car Show on June 4 to benefit the Wounded Warrior Project, Pets for Vets and other local Legion endeavors. Included in the show will be cars of every kind: antiques, classics, muscle cars, hot rods and special interest cars of all types and sizes. Special fun-filled events featuring music from the 1950s through the 1980s, games for children of all ages, a Michigan Blood drive, rock-climbing wall with the U.S. Army, great food from the grill, a chili cook-off, auction, and more will make this day one to be remembered. The event is free and the Legion is open to the public all day. There is a $10 entry fee for the classic cars. Full details are available at www.rockfordmicarshow.com or by calling (616) 866-1081.
Palumbo Mrs. Evelyn D. Palumbo, age 81, of Rockford and formerly of Sparta, passed away on Tuesday, May 10, 2011. She was a member of Peace Lutheran Church. Evelyn liked crocheting, tatting, knitting, and playing the dulcimer. Evelyn made her grandchildren mittens and slippers. She made a baby afghan for every one of her grandchildren and great-grandchildren until her illness. Her handiwork became cherished gifts to her family. Evelyn’s desire in life was that “she had made a difference.” She is survived by her children, Dr. Charles and Lori Palumbo of Hastings, Fran and Mike Reus of Rockford, Thomas and Mary Palumbo of Hudsonville, James and Sue Palumbo of Greenville, and Noreen and Edward Rykse of Sparta; 27 grandchildren; 29 great-grandchildren with the much anticipated arrival of one more; four great-great-grandchildren; sister-in-law, Mrs. Gloria Prinsen; nieces and nephews and their families. She was preceded in death by her husband Joseph on November 23, 2003, and her brothers, Eugene, Raymond and George. Her family would like to thank the caregivers of Thornapple Manor, especially her granddaughter Christine, for the love, care and compassion given to Evelyn. The service for Mrs. Palumbo was Friday at 1:00 p.m. at Peace Lutheran Church in Sparta with Rev. Byran Schneider Thomas officiating. Interment was in Courtland Township Cemetery. Those planning an expression of sympathy are asked to consider Lifespan Hospice, 300 North Avenue, Battle Creek, MI 49017. Arrangements were made by Pederson Funeral Home, Rockford.