S. 136: Introduced by Senator Todd Young (R) A bill to provide a consumer protection framework necessary to support the growth of accessible, affordable, and accountable financing options for postsecondary education, and for other purposes.
THE CONS
“Under an ISA, a student agrees to pay a percentage of their income over a given time period in exchange for tuition payments from nongovernmental sources. When the agreed timeframe ends, the student stops payments regardless of whether the initial amount was paid back to the ISA funder. ” Todd Young
THE PROS
” U.S. Senators Todd Young (R-Ind.), Mark Warner D-Va.), Marco Rubio (R-Fla.), and Chris Coons (D-Del.) reintroduced their bipartisan bill, the ISA Student Protection Act, to support an innovative financing tool for students pursuing postsecondary education called Income Share Agreements (ISAs). The bill would also apply strong consumer protections to safeguard students.” Written by Todd Young
If you want to change the direction of our country, start with positive action by contacting your Representatives. US citizens may find Congressmembers contact information here. https://www.congress.gov/members/find-your-member
HB 1004: Health care matters. “Allows a credit against an employer’s state tax liability if the employer has adopted a health reimbursement arrangement. Requires certain employers that claim and are allowed the credit to report certain information to the department of insurance. Provides a credit against state tax liability to certain physicians who have an ownership interest in a physician practice and meet other eligibility criteria. Establishes the health care cost oversight board and sets forth duties of the board. https://iga.in.gov/legislative/2023/bills/house/1004#digest-heading
THE CONS
“As you know, Hoosiers already face some of the highest healthcare costs of any state. The last thing we need are proposals, like those in HB1004, which will impose new taxes on healthcare that will negatively impact consumers and employers across our state – while doing nothing to address high hospital costs. If we fail to hold hospitals accountable for their primary role in our state’s healthcare affordability crisis, we’ll have achieved nothing. Not only will HB1004’s new taxes result in higher healthcare costs, but the bill also creates a dangerous precedent that could spread across industries. Healthcare inflation reached an all-time high last year. Hoosiers like me, don’t need new taxes, like those included in HB1004, making healthcare even more expensive.”
Written by Healthcare Network an Elevance Company. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. https://healthactionnetwork.com/about/
THE PROS
“HB1004 is designed to bring down costs to the national average, which is 260% of the federal Medicare reimbursement rate. If a nonprofit hospital charges amounts for health care services that exceeded 260% of the federal Medicare reimbursement rate, under HB 1004, the state will assess a penalty against the hospital. Revenue collected from the penalty would be used to pay the state’s share of the cost of Medicaid services.The bill also bans noncompete clauses for physicians while also helping physicians start independent practices.”
If you want to change the direction of our country, start with positive action by contacting your Representatives. Indiana residents may find Representative contact information here. https://iga.in.gov/legislative/find-legislators/
Billions handed out to foreign EV companies while Americans Suffer. This time a German company planting its feet in South Carolina.
Scout Motors is a subsidiary of the German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany who had a net income of $15.4 Billion in 2021. The brand Scout will be produced in South Carolina at the cost of all citizens but especially those living in the State and County giving Scout a $1.3 Billion package plus added benefits.
In order to attract a foreign owned $2 billion electric vehicle plant to Blythewood, South Carolina agreed spend $1.3 billion. The Scout Motors also will be given $400 million for site construction as a part of the $1.3 billion package. The deal even includes $16 Million in property acquisition (eminent domain) to connect to the railroad.
The state incentives come on top of:
property tax break and other incentives offered by Richland County. (The company’s property would be assessed at a tax rate of 4%. Per the state Department of Revenue, manufacturing property in South Carolina is typically assessed at rates up to 10.5%. )
The county incentives also include stipends for employees’ child care,
The company also will be able get a further 50% tax break through making investments in infrastructure, a setup known as an infrastructure tax credit.
Receive job development credits, which are awarded for the amount of investment the company will carry out and number of jobs it creates.
During the Obama administration, federal subsidies were being launched to promote electric vehicle expansion. Today, grant and loan programs are in place to promote manufacturing from state and federal programs to expand the availability of charging stations. Individuals can also get a $7,500 tax credit for purchasing a new electric vehicle or a $4,000 credit for a used one with more than $12, 000 credit for EVs made with Union workers.
Federal subsidies for electric vehicles increased to more than $750 Million in 2014. The Obama administration alone pledged $2.4 billion dollars in grants to support the manufacturing and development of electric cars and batteries. In 2021, government approved about US$2 billion in incentives. Michigan passed a US$1.5 billion bill in December 2021 that expanded state incentives, including for EV production.
Since 2002 the EV pioneer Tesla has received the most subsidies at US$2.5 billion. As of Feb 2022:
Ford was next highest at US$1.5 billion, followed by
GM at $1.1 billion.
Fourth on the list is the start-up electric truck company Rivian, which is now set to received more than US$400 million from Georgia to build a new plant in the southern state…. As of Feb 2022.
As the top business owners such as Jeff Bezos, Elon Musk, and Ken Griffin warn of a coming recession in 2023 and layoffs become noticable by Tesla, General Motors, Walmart, and Goldman Sachs, our government Spends our money on the luxury ride of the rich.
In 2020, the gun control laws in Maryland ranked as the 6th strongest in the country but yet Baltimore Maryland was Number 16 in The 20 Most Dangerous Cities in the World in 2022. In the WORLD!
Continually repeating the same ineffective solutions does not keep our children safe!
France is a perfect example of Socialism at the brink of failure. That failure began when citizens begged for taxation, free programs like healthcare, free food, and subsidized housing. You know, those things you are entitled to because, well, simply, because you are alive. Nature does not work like that!
“Social taxes account for 37% of French revenue; the OECD average is 26%. Payroll and property taxes contribute 3% and 9%, compared to the OECD averages of 1% and 6%. As a reminder, the payroll tax is very regressive; it consumes a larger share of low and middle class earners than rich people.”
Art facts : Learning and practicing art leads to higher achievement in reading and maths. 02 Creativity is promoted through art. 03 Picasso owned a monkey, a dog, an owl, turtle, and cats. 04 Everyone is born creative. 05 Roman statues are made with detachable heads.
The term politically correct should never have been started. Its a way to lie with the excuse that you are just being evasive and manipulative. Politically Correct is for baby kissing politicians.
Rooster Crows 