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Indiana allows individuals receiving Social Security or railroad retirement income to be exempted from state income taxes. Yet individuals who receive federal civil service pensions are allowed only a $2,000 exemption.
The Postal Service has lost $20 billion between 2007 and 2010 and is fast approaching its $15 billion debt limit. Although mail volume is falling, the Internet is not killing the Postal Service, and neither is the weak economy.
The U.S. Postal Service is looking at ways to avoid a possible loss of revenue, $238 billion over the next 10 years. But like many in our society, they cannot see the forest through the trees.
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