Tag Archives: Taxes/regulation

For some reason in this time of crisis both foreign and domestic, I feel the need to remind Angrybear readers of a very simple stylized fact: If the income tax is constitutional and the top rate is less than 69% then non-incumbent Democratic candidates for President have won if and only if they promise to increase taxes on the rich and cut taxes for everyone else. Bill Clinton, Barack Obama, and Joe Biden did that (and Obama and Biden actually kept...

Weapons Gun Manufacturer Ditches Blue State, Moves South, America Insider Carver Malone. NRA Executive Director of Advancement Tyler Schropp . . . “This move is a testament to their enduring legacy, their commitment to firearm excellence, and to the importance of preserving America’s gun industry and Second Amendment rights in a fair environment.” “Representing millions of NRA members and gun owners, the NRA was proud to be the tip of the...

If you get a chance, wander over to Seeking Alpha and read New Deal democrat’s very thorough take on the economy. You can set up a fee, limited account there. AB Weekly Indicators for October 2 – 6 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. While interest rates have continued to rise to multi-decade highs, shorter term indicators continue to chug right along, both on the producer and the...

I broke this report into two parts as it becomes harder to complete reading when each of us has other obligations. CHQPR or the Center for Healthcare Quality and Payment Reform is a national policy center facilitating improvements in healthcare payment and delivery systems. As explained earlier in Part 1, rural hospitals are facing issues remaining open due to the lack of revenue for the services provided and a lack of use of various services. The...

I am struggling with thoughts about status quo bias. I see many issues where a proposal to do something new is subject to severe scrutiny which is not applied to the implicit proposal to keep doing what we have been doing. The logic is small c conservative — better to stick with what we know than to take a chance. In many critically important cases, this makes no sense, as we are not in a steady state and things won’t stay the same (being what we...

New 20+ year record high mortgage rates begin to impact home sales; bifurcation in new vs. existing home prices continues  – by New Deal democrat In addition to updated reports on new home sales and prices, and existing home prices this morning, there’s some very important news on mortgage rates. Namely, at 7.51%, mortgage rates are the highest they have been since December 2000. Here’s what they looked like through the end of last week:...

Patients already paying price for PBMs diverting copay cash meant for needy, WSYX, Part 3, Darrel Rowland Part 3 of a 3-part investigation adding the detail of what is occurring with the PBMs. In a nut shell, Patients are told that they can avoid huge out-of-pocket spending for their drug and obtain their prescription for free. Yet what may not be clear to patients is that their deductible, coinsurance, and other out-of-pocket obligations are...

Simple commentary. Just started to receive information on increases. Gasoline is a no brainer. We drive a fuel efficient vehicle and do five over as opposed to what others do. It is interesting to hear the complaints. Thirty-gallon gasoline tank plus fast driving and you are getting into some serious money. You can only tell them if they will listen. Most will not and get belligerent. Saudi Arabia and Russia have agreed to extend their voluntary...

Too Big, too Loud, and Too fast appears to be the thing these days. Either they are jacked up squatting, large tired, multiple rear tires, altered mufflered, adjusted emission control to emit soot from acceleration, etc. Anything to gain attention for those who probably never received such while growing up. As children, we all had our favorite displays of machoism and then we grew up. Other things became more important than the vehicle we drove....

UAW-automakers negotiations pit falling wages against skyrocketing CEO pay: U.S. auto companies have the means to invest in EVs, pay workers a fair share, and still earn healthy profits | Economic Policy Institute, epi.org, Adam S. Hersh. Yet they are not paying Labor it’s overdue fair share of wages. United Auto Workers (UAW) members at the “Big 3” companies of Ford, General Motors (GM), and Stellantis are waiting to strike this week....