Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Wednesday, August 20, 2014
Another "Zerocare" tidbit...........
It appears Sen. Orin Hatch's comment that "everything from this ill-conceived
tax's structure to its implementation has been a disaster," are coming true. As
AP reports, an "Obamacare" tax
on medical devices is falling short of its revenue target because thousands of
companies aren't paying it, according to a government audit
released Tuesday. An audit found the IRS received only 5,107 returns (against
expectations of over 9,000) with a 24% shortfall in revenues.
The tax is projected to generate $29 billion over the coming
decade, so a 24 percent shortfall - if it were sustained - would be
significant.
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