Says Williams: "It’s not even a photo-shopped picture – it’s actually one from my playing days," he said.
Read all about it here.
The investment fund that pays for the pensions of 453,000 public employees in Washington has taken a massive hit, losing 22 percent of its value in 2008.The problem is compounded when the money that the state would normally invest and earn on has all but dried up due to the economic downturn and subsequent reduced revenue flowing into the state. Less money flowing into pension investments now means a bigger cut from salary contributions in the future.
Last year, 365,000 state residents applied for the credit, bringing about $655 million into the state's economy. Another estimated $65 million went unclaimed.
That's why the state has proclaimed today as Earned Income Tax Credit Day to raise awareness of this federal credit that goes unused by about 15 percent to 17 percent of people entitled to it.
(Click image to link to video)