Couple of wars, economy is tanking … let’s call it a day.
Reported by the NY Post (so it has to be true):
The president’s workdays are said to end early, often as early as 4 p.m.
He usually has dinner in the family residence with his wife and daughters, then retreats to a private office.
One person said he takes a stack of briefing books.
Others aren’t sure what he does.
True or not, most CEO’s don’t relish this kind of buzz …
Obama’s tax plans don’t really impact , so this issue is strictly philosophical.
I’m still struggling with his “fair share” riff.
Out of 140 million tax filers, there 1,470 millionaires who pay no taxes of them.
Doesn’t sound like they’re paying their fair share, but there aren’t many of them … and, I bet each has an interesting story.
More generally, according to the IRS, folks making:
• More than $1 million pay 24% of income in taxes
• $200,000 to $300,000 pay 17.5%
• $100,000 to $125,000 pay 9.9%
• $50,000 to $60,000 pay 6.3%
• $20,000 to $30,000 pay 2.5%
And, the IRS reports that – as a % of income tax revenues:
• The top 1% pays 39%
• The top 5% pays 60%
• The top 10% pays 72%
• The bottom half pays 3%
So, what’s “fair share”?
Neither Obama nor his frontmen seem comfortable saying/
Wouldn’t you like to know?
Hmmm.
Apparently, the ObamaCare tax surcharge wasn’t enough to kill the tanning business.
Now, California is banning use of tanning salons by minors.
According to Reuters:
Governor Jerry Brown signed a bill on Sunday prohibiting anyone under the age of 18 from using ultraviolet tanning devices.
The bill was part of a cluster of legislation designed to “improve the health and well-being of Calfornians.”
I guess you don’t want to own a tanning salon or Gibson Guitars …
The Homa Files 