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To: i-node who wrote (759759)12/27/2013 1:21:29 PM
From: bentway  Respond to of 1575864
 
Big Light Bulb Phase-Out Begins Jan. 1

PRODUCTION ENDS FOR 60W AND 40W INCANDESCENT BULBS WEDNESDAY

By Kevin Spak, Newser Staff
newser.com
Posted Dec 27, 2013 7:53 AM CST

(NEWSER) – Next Wednesday—Jan. 1—production will officially end on incandescent light bulbs, and according to a new survey, this likely comes as news to most of you. While 64% of Americans are aware that incandescents are being phased out, only 4 in 10 know that the bell tolls for the last two varieties, 40- and 60-watt bulbs, in 2014, according to the latest Sylvania Socket Survey. The 100W and 75W varieties were phased out in 2012 and 2013, respectively.

But the survey also found that most Americans won't be in mourning; 59% said they were "excited" about the phase out, which will see Americans switching to more efficient bulbs. Thirty percent, however, say they intend to stock up on incandescents while they can: Though production ends Wednesday, the supply isn't expected to run out until mid-2014. They may have one other option, however: a New Jersey company is exploiting a loophole in the law that allows the production of "rough service" incandescent bulbs, which are vibration-resistant and typically used in things like cars, the Blaze reports. The company, Newcandescent, hopes to sell these rough service bulbs to consumers.



To: i-node who wrote (759759)12/27/2013 1:24:51 PM
From: bentway  Read Replies (1) | Respond to of 1575864
 
In 5 Days, ObamaCare Politics Will Change Forever

A RON JOHNSON QUOTE HAS EZRA KLEIN AND EVAN SOLTAS EXCITED

By Kevin Spak, Newser Staff
newser.com
Posted Dec 27, 2013 11:47 AM CST

(NEWSER) – Things will almost certainly go wrong on Jan. 1, when the health care people have been buying from ObamaCare exchanges actually kicks in. People who thought they were covered will find out they're not, or that their plan isn't what they thought it was. But it will also be the day that a "game-changing reality" dawns, write Ezra Klein and Evan Soltas at Wonkblog, and they point to this quote from staunch ObamaCare foe Sen. Ron Johnson as evidence of that:

"It’s no longer just a piece of paper that you can repeal and it goes away. There's something there. We have to recognize that reality. We have to deal with the people that are currently covered under ObamaCare."

Conservatives rhetoric has been most effective when claiming "reasonably or not, that the law was taking something away from people," Klein and Soltas explain. But in just days, around 6 million people will have coverage through ObamaCare's exchanges and Medicaid expansion. "At that point, the politics of loss aversion shift. … It will be the GOP's promises of repeal that threaten what people already have." Many Republicans realize this, and are shifting their efforts to proposing changes to the law, "rather than fantasizing about a return to a pre-health reform world." Expect the call to "repeal-and-replace" morph into a call to "criticize-and-reform." Click for their full column.



To: i-node who wrote (759759)12/28/2013 1:50:13 AM
From: TimF1 Recommendation

Recommended By
i-node

  Respond to of 1575864
 
Because Democrats, when they enacted Medicare & SS, specifically stated they were going to finance these programs with taxes on EARNED income.

And because unearned income is mostly investment income, and investment income

1 - Is very important and which incentives the investments that help increase wages/earned income.

2 - Is more mobile and more easily chased away, hidden or distorted by taxes.

3 - Is often capital gains, which are not adjusted for inflation, and so while nominally taxed at a lower rate than earned income can in practice easily be taxed at a higher rate, or even an effectively infinite (technically divide by zero error) rate when nominal gains are positive but real gains are zero (or negative).

4 - Also can be dividends, which are often paid out of after-tax money by the company you own part of, so you effectively paid for them already.

5 - Are sometimes income on tax advantaged bonds where you give up some interest in lieu of taxation.