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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Robohogs who wrote (33668)2/4/2010 9:41:02 PM
From: Robohogs  Respond to of 52153
 
Now I thought I would reflect on how my proposal would impact me:

1. Retirement age: Hurt; I would qualify for SS at a later age
2. Means test SS: Likely hurt; depends on wealth between now and retirement
3. Healthcare: No impact except it would bring down healthcare inflation
4. Gas tax: No impact but would bring you guys to levels still below my gas pricing
5. VAT: No impact living overseas; some on on-line purchases
6. Tax rate reform: Likely no impact - but willing to see 10-20% tax burden increase
7. Capital income changes: Small impact given losses built up
8. AMT changes: No impact
9. PE tax changes: No impact today but possible large tax increase in future given carry

Jon



To: Robohogs who wrote (33668)2/5/2010 10:07:16 AM
From: IRWIN JAMES FRANKEL1 Recommendation  Respond to of 52153
 
OT - Tax

It seems to me we would benefit by two changes:

1) A robust Presidential line-item veto power;

2) A Presidential power to surcharge or discount the tax bill of the tax payer eg the ability to increase or decrease taxes by up to 10%.

These two ideas would increase the power of the President more than I like. But at least it would place responsibility in a very visible person and the voters could easily remove her when she does it badly.

:-)

The surcharge idea would work well if the President understood that the power was to be used as a counter cyclical tool. (Which would probably get her voted out.)

ij


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