Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading in a world on a social media dopamine binge, from GHOST RANCH on the Yellowstone River in MT, TN estate, PAMELOT or CASA TULE', his winter camp in Los Cabos, Mexico. Play by my rules. 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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