Cola

In a move likely to lighten the load for thousands of retirees in Florida, the state has introduced a new COLA to its property tax exemptions to help seniors cope with rising housing costs.  Currently, eligible homeowners receive two $25,000 exemptions, reducing the taxable value of their...

The Social Security Administration will announce a new cost-of-living adjustment next month, and it will likely be the highest in 40 years due to the high levels of inflation currently battering the country's wallets.  The Expected COLA Increase: Of the 70 million Americans that take...

Despite the obesity epidemic still holding strong in America, healthy eating and drinking trends have continued to gain steam. For the first time ever, Americans will buy more bottled water than carbonated drinks. Source: Bloomberg The largest producers of bottled water in the U.S. —...

In a Thursday morning article, the Associated Press reported that the Philadelphia City Council is expected to approve a 1.5 cent-per-ounce tax on sugary and diet beverages. The only other city with a sugar tax on sodas at this point is Berkeley, California. Similar proposals have been defeated in...