NON–RESIDENT WORKERS MAY HAVE SMALLER PAYCHECKS IN THE FUTURE AS FICA TAXES GO INTO EFFECT
MILLIONS OF DOLLARS ARE NOW HEADING TO THE IRS WITH NO LOCAL BENEFIT AS "NEW" FICA TAXES GO INTO EFFECT. THE NEW TAXES BLINDSIDED SOME BUT A NEW LETTER SHOWS THAT CNMI EMPLOYERS "AND" NON RESIDENT WORKERS SHOULD HAVE HAD MUCH MORE TIME TO GET READY. COULD MORE TIME HAVE AVERTED A MESSY LAWSUIT AND KEPT MORE MONEY IN THE LOCAL ECONOMY?
IN THIS SINKING ECONOMY LAWMAKERS MEET TO IDENTIFY NEW REVENUE SOURCES
IDENTIFYING NEW REVENUE SOURCES FOR THE ECONOMY WAS THE MAIN TOPIC OF DISCUSSION AT A FULL LEADERSHIP MEETING HELD AT THE WORLD RESORT THIS MORNING.
GET READY FOR HIGHER POWER BILLS – THE PUC APPROVES RATE INCREASES IN THE CNMI
LONE PUBLIC UTILITIES COMMISSIONER VIOLA ALEPUYO APPROVES SOME, BUT NOT ALL, RATE INCREASES PROPOSED BY THE COMMONWEALTH UTILITIES CORPORATION.
