I know it sounds selfish and it likely is, however, I had actually hoped inflation would stay high at least thru September .. since July, August & September are the months Uncle Sam uses to calculate the SS bump .. I felt that, in retrospect, the 2020 raise was inadequate the further we got into 2021 ..
Even this 8.7% is somewhat inadequate, IMO, although I will, of course, take it ..
My real wish is, eliminate Fed income tax on SS fully .. since I make beyond what the cap is by the time you figure it all up, I'm paying income tax on my SS .. it's unfair as these caps have never, to my knowledge, ever been adjusted .. the good news is, here in Fly Over Country, there is no State Tax on SS ..
Death and taxes, you can count on ..
Even though I get the 'Old Folks' property tax freeze and additional exemption for my age, my property tax tab on my home and my workshop are really ludicrously high .. (there is no age or exemption on the commercial property) ..
(If you try to sit, sit) I'll tax your seat
(If you get too cold, cold) I'll tax the heat
(If you take a walk, walk) I'll tax your feet