All The Best
THE ELEPHANT BAR IS CLOSED
I want to thank everyone who participated in the Elephant Bar over the past twelve years. We had millions of visitors from all around the World and you were part of it. Over the past dozen years, two or three times a night, I would open my laptop and some of you were always there. I will miss that.
My plans are to continue my work with technology and architecture. You know my interests and thoughts.
At times, things would get a little rough in the EB. To those of you that I may have offended over the years, I apologize. From all of you, I learned and grew.
An elephant never forgets.
Deuce, 21 June 2018
Wednesday, January 18, 2012
Romney’s 15% Mishap
Romney has admitted that his effective personal tax rates have been around 15%. Romney is worth about $250 million. He described one of his sources of income, speaking fees, as insignificant. (It turns out to be around $350,000.) I do not think people care that Romney is rich. I do think they care that an incredibly wealthy man pays taxes at a rate that is half of what they pay. I also believe that the mantra that taxes on the rich are "too high", while we have $ trillion deficits, is going to be a hard sell for the Republicans.
This is not an argument about logic or what is the right amount of taxation and spending. Politics is about emotions and appearance. Obama will have a field day with this one. If the Republicans think it will be easy to defeat Obama with Romney as their guidon bearer, they may be in for a disappointment.