- “We estimate the costs of lockdowns were at least 10 times higher than the public health benefits. Fewer than 10.000 lives were saved but hundreds of thousands of lives were lost, while the economic and educational losses are in the multiple trillions of dollars.”
- For $500,000, you can have a meal in space.
- A Republican bill would ban DEI in medical schools: No racist teaching; no racial discrimination; no loyalty oaths; and no DEI offices. (WSJ)
- Viagra could be good for your brain.
- During the pandemic, Paxlovid was free — courtesy of the federal government. Now it cost $1,600.
- Why is Oprah Winfrey shilling for Eli Lilly?
Author: John C. Goodman
Tuesday Links – 19 March 2024
- In testimony before the House Ways and Means Committee, the Alliance for Connected care rebutted three myths:
- Telehealth Does Not Lead to Increased Fraud
- Telehealth Has Not Been Shown to Drive Overutilization
- Telehealth Has Not Been Shown to Increase Spending
- Older patients with diabetes do better if they have the means to pay for care (health insurance, higher income or higher wealth).
- For years contraceptives could only be sold by prescription. People can now buy oral contraceptives on Amazon.
Biden’s New Tax Proposals
The Biden budget would … apply a 3.8% tax to pass-through income of more than $200,000. (Didn’t Mr. Biden promise not to raise taxes on Americans earning less than $400,000?)
Mr. Biden also wants to increase the surtax on earned and unearned income [from 3,8%] to 5% for couples earning more than $450,000 ($400,000 singles). On top of that, he calls for raising the top rate on ordinary income to 39.6% from 37%. This would raise the top effective marginal rate to 44.6%, and it would kick in at $450,000 instead of the current $693,751.
It gets worse. Mr. Biden also wants to apply the top 44.6% rate to capital gains for anyone earning more than $1 million—effectively doubling the current 23.8% tax on capital gains.
Pile on state income taxes—which reach as high as 14.8% in New York City and 13.3% in California—and many Americans would pay nearly 60% of their income to the tax man.