CEO TAX: Portland has passed a tax that targets companies where the CEO makes 100 times as much money or more than the average employee. City businesses pay a tax of 2.2 percent of net income, but companies where the CEO makes more than 100 times as much will be assessed a further 10 percent tax, and if they make more than 250 times as much the penalty is a further 25 percent tax. I like this!
RELIABLE: According to ESPN, Joe Thomas, the left tackle for the Cleveland Browns has been on the line for 9,684 consecutive snaps of the ball. He has outlasted 6 head coaches and 18 starting quarterbacks.
TOBACCO: 870 billion is the number of cigarettes manufactured by Philip Morris annually. The company has invested $3 billion into tobacco vaporizers, already available in some overseas markets, and plans to have the product in 20 markets this year. BTW, PM has announced it may be planning on exiting the cigarette business.
WASHINGTON BAD: Jeff Pence, the dude Trump is appointing to be the next US Attorney General is not a pot friendly person. He has said in public that, “good people don’t use marijuana.” Well in the state of Washington pot sales in the 2nd quarter of 2016 reached $212 million compared to $249 million for alcohol sales.
20 COUNTRIES: President elect Donald Trump has business interests in at least 20 different countries. These businesses could present conflicts of interest for the president and pose potential security threats.
$100,000: That’s the expected cost to NYC each time Trump goes home for a visit. Since he plans to go home every weekend it becomes major dollars. Plus, each visit means a significant gridlock as his motor brigade travels to and from airports. Maybe this is why he only carried 10% of the city’s vote.
WARTHOG: The one sensible piece of military news I seen lately is the Pentagon’s decision to keep the close support attack plane, the A-10, in its inventory for years to come. Ask any grunt who they’d want covering them from above.
McDONALDS: After a trial in 500 of its restaurants McD’s is planning on bringing table service to its remaining 14,000 domestic locations. Don’t know if a waitress will take your order but your order will be delivered to you.
BUSTED: John Tyler was the 10th president of the United States, serving from 1841 to 1845. Five years after leaving the White House Tyler was so poor he had to wait until selling his corn crop to pay off a $1.25 debt.
COST OVERRUN: The Navy’s new Zumwalt destroyer cost $4.4 billion per ship. The ship’s gun, a long-range attack projectile was supposed to cost $50,000 per shell. For unexplained reasons the final coas rose to $800,000 per shell making them too expensive to fire. Oops!