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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

USPS Raises Postage Rates for 2019, Including Forever Stamps, Priority Mail, Certified Mail

By
Brittany Shoot
Brittany Shoot
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By
Brittany Shoot
Brittany Shoot
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January 28, 2019, 5:35 PM ET
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The United States Postal Service (USPS) has announced new postage rates for 2019, including a higher price for Forever stamps, as well as certified and Priority mail price increases. No need to worry, as the name of the product indicates, any Forever stamps you already have on hand remain valid.

Effective as of Jan. 27, the cost of sending a normal-sized one-ounce letter with a Forever stamp is now 55 cents, up from 50 cents. And a small flat rate box will now cost $7.90, up from $7.20, with other Priority and flat rates going up accordingly. Certified mail now costs $3.50 per piece, up from $3.45.

While these USPS postage rate increases are the biggest price jump yet, it’s worth noting that the U.S. Postal Service has one of the lowest letter rates in the industrialized world. The USPS is an independent organization under the federal government’s executive branch, and does not receive any tax dollars for operating expenses across its nationwide network. The price hikes will offset a nearly $4 billion loss the service sustained in 2018, according to NBC News. The Postal Service, which employee 7.5 million people, is sustained by the cost of package deliveries as well as stamps sold through its massive retail network and other vendors.

 

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By Brittany Shoot
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