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Tuesday, October 12, 2010

SULLIVAN for CONGRESS 2010


For Immediate Release 10/10/10
Contact: JPS 438 5230

Joseph P Sullivan, of Albany, independent citizen write in
candidate for Representative in Congress, 21st District
said, today, that the Democratic Congress has screwed
senior citizens once again - no social security COLA's for
2011

http://www.aolnews.com/nation/article/no-social-security-cost-of-living-adjustment-in-2011/19667975

Sullivan calls on Congress to exempt seniors from the annual
RMD (required minimum distributions) from their IRA's, or
in the alternative, exempt those RMD's from federal income
taxes, if those RMD's are used to pay property taxes.

In the City of Albany, seniors make up a large share of the
one-third of housing units that are owner occupied .

Albany seniors saw their school property tax bill, which was
due this past September 30, increase by 10 percent.
City and county property taxes are due in January 2011 and
together, are projected to increase by a combined 22 percent.

All these tax increases hit during the winter heating season.

Add to all this, Obamacare kicks in, with higher insurance
premiums, higher co pays, and other, yet to be realized
negative impacts on medicare.

Add to this that Congress has failed to extend the so called
"Bush" tax cuts, which benefit all taxpayers and are the
key to economic recovery.

How, are seniors on limited, fixed incomes, particularly those
who are homeowners, struggling to cope with skyrocketing
property tax bills and higher winter heating costs - to survive?
asks Sullivan?

Senior citizens throughout the 21st District, which includes all
or part of the counties of Albany, Montgomery, Schenectady
Schoharie, Saratoga, Fulton and Rennselaer are negatively
impacted by the failures of government at the local, state and
congressional levels, said Sullivan

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