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Tag Archives: Taxes/regulation

The Opioid Epidemic from 1980 Onward in My Words

[unable to retrieve full-text content]It has been a bit since I have said anything about the Opioid epidemic. Such was brought on by companies and distributors (more like PBMs) claiming it was harmless and non-addicting. I do want to catch up and see how the Sacklers made out. Whether the Gov finally put the screws to them or did […] The post The Opioid Epidemic from 1980 Onward in My Words appeared first on Angry Bear.

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Tax cuts for the rich only increase wealth disparity

[unable to retrieve full-text content]No, the 1% aren’t the job creators—that’s the middle class and working class. Tax cuts for the 1%, of course, don’t create jobs, they just create greater wealth disparity: “The authors set out to examine all instances of major tax reductions on the rich in 18 OECD countries between 1965 and 2015 and identify the […] The post Tax cuts for the rich only increase wealth disparity appeared first on Angry Bear.

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Authorization Requests

[unable to retrieve full-text content]Recent articles I have been reading suggest Medicare Advantage provides healthcare at a lesser cost than Traditional Medicare. Or maybe it would be better to qualify this as individuals claim MA plans do so? I do not know whether such takes into consideration the cost of a Supplemental Plan or not and also Part D […] The post Authorization Requests appeared first on Angry Bear.

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The New Economy and the Tariffs and Tax Breaks to Launch It

[unable to retrieve full-text content]Since we have a new president who favors Tariffs, we should start talking about how those Tariffs will impact the US Economy and Citizens. The Tax Foundation offers up a brief explanation which should be readily understandable for Angry Bear readers. If Trump is able to pull this off and get it out of Congress, […] The post The New Economy and the Tariffs and Tax Breaks to Launch It appeared first on Angry Bear.

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The economics of healthcare is sick in Vermont

[unable to retrieve full-text content]My parents retired to rural upstate NY, where they lived happily for 20 years. But naturally, as they aged, their health declined. At one point, my mom had a pulmonary embolism, and landed in a community hospital in Bennington VT, about 30 miles away. She got the care she needed, but when she was later […] The post The economics of healthcare is sick in Vermont appeared first on Angry Bear.

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Elon Musk can’t do arithmetic

[unable to retrieve full-text content]Kevin Drum over at jabberwocking.com watched the Trump spectacle over at Madison Square Garden so we didn’t have to. He zeros in on Elon Musk: “Elon used to be smart enough to do simple addition, but he thinks we can cut “at least” $2 trillion from federal spending—which amounted to $6.1 trillion last year, not […] The post Elon Musk can’t do arithmetic appeared first on Angry Bear.

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A housing crisis? Location, location, location

Housing is expensive here in East Providence. It’s even more expensive in Boston, an hour from here. Some folks live in Rhode Island and commute to Boston. When we were house-hunting in the Providence area in the Spring of ’22, the real estate market was white hot. We were out-bid on three offers. Making an inspection a condition was an automatic reject. In the event, the house we bought never even went on the market.Over at jabberwocking.com, Kevin...

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Which provisions of the Tax Cuts and Jobs Act Should Expire in 2025?

The issue of the Tax Cuts expiring will be arriving at everyone’s doorstep come the end of 2025. They do not give an exact date so i will go with EOM December 2025. Does someone making close to or more than $400,000 annually deserve a continuation into 2026 and beyond? Not sure. I think the 1 percenter should be paying more tax. My wife and I paid some high taxes (what we would call high) when we were under $200,000 annually after deductions....

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Trade, Tariffs, Politics and No Economics

A history lesson of what not to do and yet may still come to pass. October 5th, 2024 by Prof. Heather Cox – Richardson Letters from an American More politics rather than economics. Some of it does fit. The concept is political for an upcoming election. William McKinley is having a moment (which I confess is a sentence I never expected to write).  Republican presidential nominee Donald Trump is elevating McKinley, a representative...

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Autocracy will bring poverty

From Prof. Timothy Snyder’s substack “Thinking about…” Shared with permission:“Think about the politicians Trump idolizes, Vladimir Putin in Russia and Viktor Orbán in Hungary. The first undid a democracy through fake emergencies, the second through persistent constitutional abuse. It is not hard to see why Trump likes them. “Now consider the Russian and Hungarian economies. Russia sits on hugely valuable natural resources, and yet is a poor country....

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