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"It is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the tax revenues in the long run is to cut the tax rates." John F. Kennedy
"Despite the fact that rich people paying little in the way of income taxes makes plenty of headlines, this is the exception to the rule: The top 1% of taxpayers pay a higher effective income-tax rate than any other group (around 23%, according to a report released by the Tax Policy Center in 2014) — nearly seven times higher than those in the bottom 50%.
On average, those in the bottom 40% of the income spectrum end up getting money from the government. Meanwhile, the richest 20% of Americans, by far, pay the most in income taxes, forking over nearly 87% of all the income tax collected by Uncle Sam."
Russell, never lose your passion. Sometimes we win, sometimes we lose but if you go all in you will never regret it.
Rhys, nice to see you back in full throat. Always enjoyable. Missed you.
Eric, there is typically a OMG what just happened bump after news like Aspen buys Steamboat. Just remember Janet Yellin is still in charge.
Rhys is exactly right. Scott aka the troll comments on virtually every article. Arrogant and snarky. Anybody else that comments is at risk to Mr. Wedel's criticisms. There is no longer a reason to comment. Eventually the only one commenting will be the wizard of Oz.
And for those keeping score at home. A 2016-2017 season pass at Aspen was $1799 but..... a senior 70+ pass was $479 if purchased by a September deadline.
The joys and sorrows of healthcare.
"You are never going to make everyone happy. Obamacare is unpopular. The GOP replacement was unpopular. Single payer is unpopular. In fact, one searches in vain for a healthcare reform that voters will love.
Americans want widely contradictory things from health-care reform. They want the highest quality care for everyone, with no wait, from the doctor of their choice. And they want it as cheap as possible, preferably for free. At the same time doctors, trial lawyers, hospitals, insurers, pharmaceutical companies, and government bureaucrats are all trying to protect their fiefdoms, hold onto their gains, and shift costs to others. There is simply no way to satisfy all these special interests and produce a health-care plan that will be hugely popular."
from an article in National Review online by Michael Tanner
I have never expected much from my elected representatives. One expectation I have is that they represent their constituency. Not just me, not those who yell and scream the loudest, not those who give the most money. I expect them to attempt to make and vote for policy that is good for their constituency regardless of party politics. If an elected official is unwilling to respond to reasonable communications from their constituents then they don't deserve their elected position.
I think it very likely that the usage of coal in the USA will continue to drop. (We don't use whale oil to burn lamps any more) But the drop in the use of coal should be due to market forces, not legislation.
Ken C. If only you had ever criticized the Obama administration. Then you would have my attention. I have criticized pols on either side of the aisle. To the best of my knowledge you never did. So sorry you come across as a partisan. For fun you should google Victor Davis Hanson Nunes. If we don't soon do away with the partisanship and have the two political parties work together then we can say good bye to our constitutional republic. Fun facts Ginsburg approved 96-3, Kagan approved 63-37, Sotomayor approved 68-31 and the Dems are threatening to filibuster Gorsuch who gets a "best" rating by the ABA.
Hey Ken C.,
I have had the opportunity as well to spend time in Mexico on an annual basis. The last few years for extended periods of time and in the same location. As a result we have gotten to know some wonderful Hispanics. Workers in restaurants and shops. They could not care less about who is President of the USA. They could not care less about any kind of wall. If they are asked about Trump they laugh and say they are more concerned with Mexico politics then USA. Their main concern is their family and community. Regards the wall. I am a fan of securing our borders. If it takes a wall so be it. Then there is this.
At first I thought it was a piece from The Onion. But nope, even WAPO has reported it. You just can't make this stuff up.
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