Private Jet

Seattle Passes Measure To "Tax The Rich"; There's Just One Problem...

The Seattle City Council has just passed a new measure that applies a 2.25% tax on total income above $250,000 for individuals and above $500,000 for married couples filing their taxes together.  The city estimates the tax would raise about $140 million a year that could be used to splurge on all sorts of progressive causes...there's just one problem...

Frontrunning: June 14

  • Federal Reserve Expected to Deliver Rate Increase (WSJ)
  • Fire engulfs London tower block, at least six dead, more than 50 injured (Reuters)
  • Children lost, baby thrown to safety (Reuters)
  • Democrats Accuse Sessions of ‘Stonewalling’ (BBG)
  • World stocks march on as Fed rate hike looms, dollar steady (Reuters)

Obama Takes Private Jet, 14-Car Convoy To His $3.2MM Climate Change Speech

While we're certain that Obama's motivation to appear in Milan had absolutely nothing to do with the $3.2 million he pocketed, but rather was born out of a pure concern for Mother Earth, we do find his travel arrangements, in light of those genuine environmental concerns, somewhat ironic.

Flying Is About To Get Even More Miserable...Well, At Least For Poor People

At a time when you would think the airlines would be a little more image conscious, you know because of that whole beating customers and dragging them off the plane thing that United did, they're apparently doubling down on efforts to make "Flying The Friendly Skies" the most miserable experience ever.