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Tag Archives: Taxes/regulation

Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale?

Aggregate payrolls vs. total withholding taxes paid: which one has been telling the truer tale?  – by New Deal democrat The drought in new data continues for today. So I wanted to take a further look at the two measures of total payrolls I discussed on Friday, one of which has been of some concern. One is total aggregate payrolls, which is part of the Establishment survey portion of the jobs report each month, and the other is total tax...

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State Supreme Court Issues A Devastating Rebuke of the U.S. Supreme Court

As you read this Slate article, this is something I was also thinking about. How did SCOTUS arrive at its decision and what was the basis or history supporting its decision? SCOTUS was interpreting what they thought it should be. Thomas was telling judges to study the history of gun control before they arrive at a decision. The discussion centers around militia and right of individuals to bear arms. Read on . . . A State Supreme Court Just Issued...

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trump’s TCJA Made the Tax System, Tax Season More Burdensome

In Angry Bear’s commentary Looking at the Trump 2017 Tax Breaks, we examined exactly what the TCJA did for citizens. By the end of 2025, the TCJA would add to the deficit an ~$2.2 trillion. If extended, we can expect another $1.5 trillion. Special exempts were written into the bill so those (business interests) who benefited from the tax cuts would have the tax break into the 2030s. We beginning to or are exceeding the nations GDP. RI’s Emily...

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Mark Cuban’s Cost Plus Drugs Plan

Mission of Mark Cuban Cost Plus Drugs The following is Mark Cuban’s pitch on supply drugs. If you do not have healthcare insurance which pays for drugs you more than likely going to pay list unless you have a drug store discount such as GoodRx. Mark Cuban talking pharmaceuticals and costs: We started Mark Cuban Cost Plus Drug Company because every American should have access to safe, affordable medicines. If you don’t have insurance or have a...

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Jamie Dimon wants to help poor people by . . .

Jamie Dimon says lower-income people need more help and he’d ‘pay for it by taxing the wealthy a little bit more’ Fortune Taxing the Rich? If he really wants to help the poor? Allow the tax breaks for individuals in the upper 20% sunset. reverse the tax breaks, and tax income from foreign enterprises. A little bit more below. Didn’t we just have a conversation about Jamie’s beliefs on taxes here at Angry Bear? If you forgot, you can find it...

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In-Box Topics Which May be of Interest

Topical Emails from all different sites. Pulled from my In-Box and which I have no time to write about. Thinking, they still may be of interest to readers who visit Angry Bear. Please be topical or at least close. Healthcare Our Healthcare Data Infrastructure Is Abysmal, MedPage Today, John (Xuefeng) Jiang. Is our healthcare data infrastructure prepared for the next health crisis? Our research indicates it is alarmingly unprepared. A New...

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Total Income, and the Collapse of the Household Labor Share

The decline in workers’ share of the total pie is far more extreme than standard measures suggest. Total Income, and the Collapse of the Household Labor Share, Wealth Economics, Steve Roth The best way to start this post is with a graph that many will find surprising, even eye-popping. The graph kind of speaks for itself — pretty dismayingly, especially post-covid. The rest of this post just explains it. This graph answers a question...

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Banks and Private Equity Cash in When Patients Can’t Pay

It is bad enough with high healthcare costs for doctors, hospitals, medicines, care, insurance, etc. But when all of them start to allow you credit so they can collect their moneys leaving you to fend for yourself, it becomes outrageous. A common interest rate for payment plans is 16% to 19% with private equity. It is a rip off of those who are ill and the families who are willing to sacrifice all. It is unfortunate banks, etc., are willing to...

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Fixing the 340B Program, a Critical Safety Net for Uninsured and Low-Income Patients

Angry Bear has posted about the 340B Drug Pricing program several times now. What is key to this program is it making available medicines which are out of reach for those who are lower income and uninsured patients. However, the program is being used to divert funding to other hospital facilities. Some are going as far as closing portions of a facility, moving the care to other facilities, and maintaining the original facility so as to be eligible...

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Social Security The Wall Street Journal And The Art of Lying

Dale Coberly discusses an article written by Andrew Biggs “No, Social Security Isn’t ‘Earned’,” WSJ [Dear reader: this is very long. It had to be to refute all the claims made by the author of the WSJ op ed.  You don’t have to read it if you don’t want to, or all of it, or all in one sitting.  But I hope it will help you understand the truth about how Social Security works.] I read an article the other day [December 8] in the Wall Street...

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