At the open
Dow -0.12% to 15601. S&P -0.05% to 1763. Nasdaq -0.11% to 3925.
Treasurys: 30-year +0.31%. 10-yr +0.19%. 5-yr +0.12%.
Commodities: Crude -0.3% to $96.48. Gold -1.56% to $1328.2.
Currencies: Euro -0.59% vs. dollar. Yen -0.33%. Pound -0.08%.
If only Selendra had gotten more financing. SPWR (sun power) below $4.50 12 months ago and low of $3.90, is trading at $33.30 AHs.
Facebook easily beats estimates, shares soar
Facebook (FB): Q3 EPS of $0.25 beats by $0.06.
Revenue of $2.02B (+60% Y/Y) beats by $110M.
Shares +15.3% AH. CC at 5PM ET.
At the close
Dow -0.41% to 15616. S&P -0.49% to 1763. Nasdaq -0.55% to 3930.
Treasurys: 30-year -0.37%. 10-yr -0.17%. 5-yr -0.07%.
Commodities: Crude -1.55% to $96.68. Gold -0.22% to $1342.6.
Currencies: Euro -0.09% vs. dollar. Yen +0.45%. Pound +0.1%.
Correction, it was 10.15% for 2011 tax year, not less than 10%, with AGI between $100K to $200K for 145,370,240 returns filed.
lang, I don't have 2013 census data but before the Great Recession, less than 20% of households "grossed" $100K or more. Doubt that deviates too much today. But from 2012 Turbo Tax statistics, less than 10% of joint filers with "adjusted gross income" rangge from $100K to $200K:
If he lives in a low SIT state, that leaves quit a bit of disposable income, unless living in Silicone Valley with home mortgages running easily $50K and up a year.
And more on SET (self-employes tax): 100% of HC insurance cost for himself and dependent are deductible as well along with those tax exempt medical expense accounts! !! What a deal oe should we say steal !!
lang, Unless the guy lives in Silicone Valley or with a bunch of kids in private school, $100K AGI is well into the upper middle class and should be able to sock away 15% allowed SEP that is tax deferred as 401K savers making a fraction of $100K.
The SET applies to the amount after all expenses that includes some entertainment, gifts, meals, apparels, tools (100% cap exp), cars and repair, home offices, phone bills and even internet. On top of that, he can sock away big % of income in SEP or Keough. Since he is making well under $400K AGI, all good under Obama I and II.
stellah, You get to keep your excellent plan under ACA. So, what's the fuzz?
BTW, you stated that your current plan "is excellent". The only people who claim the same are those on Medicare or medicaid or VA, all deeply subsidized by the rest of us.
lang, well put. Bottom line is, for every other developed countries, affordable healthcare is a human right and not just for the upper crust.
lang, Of course there are always exceptions like crooked insurers as auto insurers, and let's hope the fed chase the tails all the way to the slammer. Meanwhile, let's hear some real cases of insurance companies not honoring "grandfathered" plans instead of let's play the guessing game.
alias, That was right ... Threat of the shutdown did the economy in all through Sep:
he Republican-controlled US House of Representatives has voted to delay Obamacare by one year, raising the possibility of an Oct. 1 partial government shutdown. The vote plunges the US into fiscal crisis for the fourth time in last three years.
House Republicans pushed through the shutdown threat by 231 votes to 192, linking continued government funding through Dec. 15 to a demand that President Barack Obama delay his complicated plan aimed at extending access to healthcare for millions of Americans by one year. The vote went through after House Democrats and President Barack Obama refused to accept the Republicans’ conditions to keep the government operating.
The House passed another CR earlier Monday evening by a vote of 228-201 demanding a one-year delay in the health care law’s mandate that individuals buy health insurance. That continuing resolution was defeated by the Senate only about a half hour later by a vote of 54-46.
The House also voted 248-174 to repeal a medical device tax that is intended to help fund Obama’s health care programs under the 2010 law.
Billy, The change rule has been in place for years at Kaiser. You can change to a higher deductible plan without having to reclassify your qualification and rate plan; however, you may be charged a higher rate plan once you get real sick and want to move to a lower deductible copay program. Made a lot of sense and you didn't hear my protest ever..
seymour, Right stop paying welfare and have them camp at your door steps. When they got the flu have them cough in the food they serve as waiters. Comes harvest time at your vege garden, let them pick those collard greens and tomatoes.
seymour, You saying Washington to stop sending out checks to retirees, medicare providers, soldiers in Afghan ... all except FAA and those non-essential fed workers who was paid to not working?