CEO of the Parisian Family Office. Retired/Founder of CHIPPEWA PARTNERS, Native American Advisors, Inc., Registered Investment Advisor. White Earth Chippewa, educated conservative, raised on Indian reservations across Great Plains. Began Wall Street career in 1982. Always been, will always be, an optimist. Pureblood, clot-shot free. In a world on a dopamine binge, this is his take on life. Written at MT Ghost Ranch or Pamelot, TN farm or his winter camp in San Jose del Cabo, Mexico.
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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