What a bargain! Or is it?
Will your state make you pay up
on forgiven federal mortgage debt?

MLK Day redux

Mlk_speech_colorToday is the official federal holiday commemorating the life of Dr. Martin Luther King, Jr.

Last week, on Dr. King's actual birthday, I posted an item that offered some ways to celebrate. It also discussed the earned income tax credit, or EITC.

This EITC was created almost a decade after Dr. King's death, but it was developed in the same spirit of trying to help others reach their goals. In this case, the target is taxpayers who work at the lower end of the pay scale and who lose a large chunk of their take-home pay to Social Security withholding taxes.

You can revisit my Jan. 15 post here.

I also want to bring that to your attention my prior years' MLK postings:

However you choose to celebrate MLK Day 2008, I wish you a good, inspirational and financially sound Monday.


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