”Zero Dark Thirty” screenplay among Writers Guild nominees

LOS ANGELES (Reuters) – The writers of controversial Osama bin Laden thriller “Zero Dark Thirty” and of the presidential drama “Lincoln” won nominations on Friday for the Writers Guild Awards, as momentum built in Hollywood ahead of the Oscars in February.

The screenplays for Iran hostage drama “Argo,” cult movie “The Master,” quirky comedy “Silver Linings Playbook,” and shipwreck tale “Life of Pi” also won nods from the Writers Guild of America for honors either as adapted or original movie screenplays.

The field of 10 feature film screenplays was rounded out by “Flight,” “Looper,” Wes Anderson‘s “Moonrise Kingdom,” and coming of age movie “The Perks of Being a Wallflower.”

“Zero Dark Thirty” screenplay writer Mark Boal has come under fire from some U.S. politicians over the film’s depiction of the role torture may have played in the hunt for the al Qaeda leader, and for the origins of his source material in reconstructing the 10-year effort to track down and kill bin Laden in May 2011 by U.S. special forces.

The film makers have denied being leaked classified material and say the film shows that no single method was responsible for leading to the capture of bin Laden.

The Writers Guild Awards, a key indication of Hollywood sentiment ahead of the Oscars, will be handed out at simultaneous ceremonies in Los Angeles and New York on February 17, one week before the February 24 Academy Awards ceremony.

(Reporting By Jill Serjeant; Editing by Vicki Allen)

Movies News Headlines – Yahoo! News

Title Post: ”Zero Dark Thirty” screenplay among Writers Guild nominees
Url Post: http://www.news.fluser.com/zero-dark-thirty-screenplay-among-writers-guild-nominees/
Link To Post : ”Zero Dark Thirty” screenplay among Writers Guild nominees
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Despite New Health Law, Some See Sharp Rise in Premiums

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Bob Chamberlin/Los Angeles Times

Dave Jones, the California insurance commissioner, said some insurance companies could raise rates as much as they did before the law was enacted.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

 In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

The proposed increases compare with about 4 percent for families with employer-based policies.

Under the health care law, regulators are now required to review any request for a rate increase of 10 percent or more; the requests are posted on a federal Web site, healthcare.gov, along with regulators’ evaluations.

The review process not only reveals the sharp disparity in the rates themselves, it also demonstrates the striking difference between places like New York, one of the 37 states where legislatures have given regulators some authority to deny or roll back rates deemed excessive, and California, which is among the states that do not have that ability.

New York, for example, recently used its sweeping powers to hold rate increases for 2013 in the individual and small group markets to under 10 percent. California can review rate requests for technical errors but cannot deny rate increases.

The double-digit requests in some states are being made despite evidence that overall health care costs appear to have slowed in recent years, increasing in the single digits annually as many people put off treatment because of the weak economy. PricewaterhouseCoopers estimates that costs may increase just 7.5 percent next year, well below the rate increases being sought by some insurers. But the companies counter that medical costs for some policy holders are rising much faster than the average, suggesting they are in a sicker population. Federal regulators contend that premiums would be higher still without the law, which also sets limits on profits and administrative costs and provides for rebates if insurers exceed those limits.

Critics, like Dave Jones, the California insurance commissioner and one of two health plan regulators in that state, said that without a federal provision giving all regulators the ability to deny excessive rate increases, some insurance companies can raise rates as much as they did before the law was enacted.

“This is business as usual,” Mr. Jones said. “It’s a huge loophole in the Affordable Care Act,” he said.

While Mr. Jones has not yet weighed in on the insurers’ most recent requests, he is pushing for a state law that will give him that authority. Without legislative action, the state can only question the basis for the high rates, sometimes resulting in the insurer withdrawing or modifying the proposed rate increase.

The California insurers say they have no choice but to raise premiums if their underlying medical costs have increased. “We need these rates to even come reasonably close to covering the expenses of this population,” said Tom Epstein, a spokesman for Blue Shield of California. The insurer is requesting a range of increases, which average about 12 percent for 2013.

Although rates paid by employers are more closely tracked than rates for individuals and small businesses, policy experts say the law has probably kept at least some rates lower than they otherwise would have been.

“There’s no question that review of rates makes a difference, that it results in lower rates paid by consumers and small businesses,” said Larry Levitt, an executive at the Kaiser Family Foundation, which estimated in an October report that rate review was responsible for lowering premiums for one out of every five filings.

Federal officials say the law has resulted in significant savings. “The health care law includes new tools to hold insurers accountable for premium hikes and give rebates to consumers,” said Brian Cook, a spokesman for Medicare, which is helping to oversee the insurance reforms.

“Insurers have already paid $1.1 billion in rebates, and rate review programs have helped save consumers an additional $1 billion in lower premiums,” he said. If insurers collect premiums and do not spend at least 80 cents out of every dollar on care for their customers, the law requires them to refund the excess.

As a result of the review process, federal officials say, rates were reduced, on average, by nearly three percentage points, according to a report issued last September.

Read More..

Despite New Health Law, Some See Sharp Rise in Premiums

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Bob Chamberlin/Los Angeles Times

Dave Jones, the California insurance commissioner, said some insurance companies could raise rates as much as they did before the law was enacted.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

 In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

The proposed increases compare with about 4 percent for families with employer-based policies.

Under the health care law, regulators are now required to review any request for a rate increase of 10 percent or more; the requests are posted on a federal Web site, healthcare.gov, along with regulators’ evaluations.

The review process not only reveals the sharp disparity in the rates themselves, it also demonstrates the striking difference between places like New York, one of the 37 states where legislatures have given regulators some authority to deny or roll back rates deemed excessive, and California, which is among the states that do not have that ability.

New York, for example, recently used its sweeping powers to hold rate increases for 2013 in the individual and small group markets to under 10 percent. California can review rate requests for technical errors but cannot deny rate increases.

The double-digit requests in some states are being made despite evidence that overall health care costs appear to have slowed in recent years, increasing in the single digits annually as many people put off treatment because of the weak economy. PricewaterhouseCoopers estimates that costs may increase just 7.5 percent next year, well below the rate increases being sought by some insurers. But the companies counter that medical costs for some policy holders are rising much faster than the average, suggesting they are in a sicker population. Federal regulators contend that premiums would be higher still without the law, which also sets limits on profits and administrative costs and provides for rebates if insurers exceed those limits.

Critics, like Dave Jones, the California insurance commissioner and one of two health plan regulators in that state, said that without a federal provision giving all regulators the ability to deny excessive rate increases, some insurance companies can raise rates as much as they did before the law was enacted.

“This is business as usual,” Mr. Jones said. “It’s a huge loophole in the Affordable Care Act,” he said.

While Mr. Jones has not yet weighed in on the insurers’ most recent requests, he is pushing for a state law that will give him that authority. Without legislative action, the state can only question the basis for the high rates, sometimes resulting in the insurer withdrawing or modifying the proposed rate increase.

The California insurers say they have no choice but to raise premiums if their underlying medical costs have increased. “We need these rates to even come reasonably close to covering the expenses of this population,” said Tom Epstein, a spokesman for Blue Shield of California. The insurer is requesting a range of increases, which average about 12 percent for 2013.

Although rates paid by employers are more closely tracked than rates for individuals and small businesses, policy experts say the law has probably kept at least some rates lower than they otherwise would have been.

“There’s no question that review of rates makes a difference, that it results in lower rates paid by consumers and small businesses,” said Larry Levitt, an executive at the Kaiser Family Foundation, which estimated in an October report that rate review was responsible for lowering premiums for one out of every five filings.

Federal officials say the law has resulted in significant savings. “The health care law includes new tools to hold insurers accountable for premium hikes and give rebates to consumers,” said Brian Cook, a spokesman for Medicare, which is helping to oversee the insurance reforms.

“Insurers have already paid $1.1 billion in rebates, and rate review programs have helped save consumers an additional $1 billion in lower premiums,” he said. If insurers collect premiums and do not spend at least 80 cents out of every dollar on care for their customers, the law requires them to refund the excess.

As a result of the review process, federal officials say, rates were reduced, on average, by nearly three percentage points, according to a report issued last September.

Read More..

Dumped Christmas trees are a gift for Lake Havasu fish

The ghosts of Christmas past can be found in some unusual places. The bottom of Lake Havasu, for instance.

There, thousands of Christmas trees sunk by wildlife biologists have found a second life as fish habitat in an ecosystem damaged by the damming of the Colorado River decades ago.

What nature once provided — a steady source of organic material such as brush and uprooted trees — disappeared when the once wild and muddy river was tamed.

By the late 1980s, Lake Havasu's now crystal clear waters harbored few places where newly spawned fish could find shelter from predators. Fish populations were a fraction of what they had been a generation before.

"There was no place for the young fish to hide until they matured," said Kirk Koch, a fisheries program manager for the U.S. Bureau of Land Management. "Instead, they would be consumed by bigger fish."

The solution was a gift that keeps on giving: Christmas trees.

More than 30 million farm-harvested trees are sold nationwide each year. No matter how pretty they're decorated, they all meet the same ignoble fate: ground up as mulch or buried in landfills.

When it began in 1992, the effort at Lake Havasu was the largest fresh-water habitat recovery program in the nation, Koch said.

Over the next decade, $16 million and countless hours of work by volunteers created 875 acres of artificial reefs.

Structures were formed by sinking PVC pipe, concrete sewer pipe and cinder blocks in 42 coves. Then, discarded Christmas trees were lashed together, weighted down and dumped around the structures. Piles of brush were added.

As the trees and brush decomposed, the pipe and concrete structure grew a biological skin of mosses and algae that was then colonized by insects. In addition to providing shelter, the Christmas tree structures also became a source of fish food.

Scuba divers check sites annually and have found that fish are drawn to Christmas trees as much as Santa is.

"When they started, they could count all of the fish at any spot on their fingers," Koch said. "Progressively, they found more fish — way, way more fish — than they can count."

The project turned Lake Havasu into a popular sport fishing destination.

"Before this, the lake was basically dead," said Arnold Vignoni, president of the local chapter of Anglers United, whose members help maintain the reefs. "The bass tournament guys — and we have lots of bass tournaments here now — say the fishing is just outstanding."

It takes a Christmas tree five to six years to decompose under water. So each year, volunteers toss in as many as 500 additional trees and a thousand brush piles to replenish the reefs.

Part of the benefit of creating habitat with Christmas trees is that it's cheap — trash haulers are happy to unload onto others what they pick up at the curb.

This year, Riverside County supervisors approved a plan to transfer 2 tons of trees collected at county landfills to the California Department of Fish and Wildlife, which will dump them into two lakes that badly need them.

The load will make Quinn Granfors' job much easier.

Granfors, a state fisheries biologist, has been tossing trees into Lake Elsinore and Lake Perris since 2006. Working under budget constraints, he was left to scrounge around on his own after Christmas in search of trees. Now they'll be coming to him.

In the coming weeks, he and volunteers will send hundreds of weighted trees to the bottom of the lakes.

"I kind of joke with the guys that they're now qualified to get a job with the mob," Granfors said. "Because they know how to make organic material disappear."

mike.anton@latimes.com

Read More..

Wired Science Space Photo of the Day: Colorful Lunar Mare

Galileo false-color image of the Mare Tranquillitatis and Mare Serenitatis areas of the Moon. The picture was made from four exposures taken during Galileo's second Earth/Moon flyby.

The colors are enhanced to highlight compositional differences.

Mare Tranquillitatis at left appears blue due to titanium enrichment. Orange soil in Mare Sarenitatis at lower right indicates lower titanium. Dark purple areas at left center mark the Apollo 17 landing site, composed of explosive volcanic deposits.

Red lunar highlands indicate low iron and titanium. Mare Serenitatis is roughly 1300 km across and North is at 5:00. The 95 km diameter crater Posidonius, centered at 32 N, 30 E, is at the middle of the bottom of the frame.

Image: NASA [high-resolution]

Caption: NASA

Read More..

‘McDreamy’ says he beat Starbucks for coffee chain

SEATTLE (AP) — “Grey’s Anatomy” star Patrick Dempsey may be the real “McSteamy.”

The actor, who was dubbed “McDreamy” as a star of the hospital drama while his co-star was called “McSteamy,” may soon be serving hot, steaming cups of Joe.

Dempsey won a bankruptcy auction to buy Tully’s Coffee, a small coffee chain based in Seattle. Among those he beat out is Tully‘s much bigger Seattle neighbor, Starbucks Corp., which is known for its ubiquitous white cups with a circular green mermaid logo.

Dempsey, whose company Global Baristas LLC plans to keep the Tully’s name, declared victory on the social media site Twitter: “We met the green monster, looked her in the eye, and…SHE BLINKED! We got it! Thank you Seattle!

The win for Dempsey deals a rare setback for Starbucks on its home turf. Starbucks has long been both praised for bringing “coffeehouse culture” to the U.S. and criticized for crushing smaller chains. The coffee giant, which had planned to convert the Tully’s cafes to its own brand, last month announced plans to expand its global footprint to 20,000 cafes over the next two years, up from the current 18,000.

Dempsey said in an interview on Friday that as the underdog in Seattle, Tully’s will need to find its identity.

“It’s a much smaller chain that has a lot of potential that hasn’t been given the proper care,” he said.

But in a statement shortly after the auction on Thursday, Starbucks insinuated that Dempsey shouldn’t celebrate just yet.

Starbucks, which wanted to convert the Tully’s cafes to its own brand, said that a final determination on the winning bid won’t be made until a court hearing on Jan. 11. Starbucks said it’s in a “backup” position” to buy 25 of the 47 Tully’s cafes, with another undisclosed bidder making an offer for the remainder.

The combined bids of Starbucks and the undisclosed bidder come to $ 10.6 million, above the $ 9.2 million Dempsey’s company is offering to pay through his company, which was formed in order to purchase Tully’s. The other investors in Global Baristas aren’t being disclosed.

Tully’s Coffee, which is known for serving Joe with a milder taste than Starbucks brand, filed for Chapter 11 bankruptcy protection in October, citing lease obligations and underperforming stores. Tully’s wholesale business, which includes Tully’s Coffee in bags and single serve K-cup packs that are sold in supermarkets and other stores, is owned separately by Green Mountain Coffee Roasters Inc.

TC Global Inc., the parent company of Tully’s, said in a release Friday that it was “encouraged and excited” about Dempsey’s commitment to the chain.

Tully’s President and CEO Scott Pearson called the deal a “great match” and that the goal is to make sure creditors get paid and to keep as many people employed as possible.

A bankruptcy court document signed late Friday by Pearson and Dempsey said TC Global had determined that Global Baristas submitted the successful bid.

“With this court filing, it’s official – our group has been chosen as the successful bidder,” Dempsey said in a statement. “We look forward to the court’s final approval on Jan. 11.”

Earlier in the day, Dempsey said he planned to be very involved in the running of the company, adding that the immediate challenges were to address bookkeeping issues, staff morale and sprucing up the coffee shops. Once the business is stabilized, Dempsey said the long-term goal would be to take the chain national.

“We can pull this off. We just have to take steps that are slow and smart,” he said. “I’m going to get behind the counter. I’m going to serve coffee…I’m going to give the company a boost of energy.”

Although Dempsey lives in Los Angeles, he plans to spend more time in Seattle, the city where “Grey’s Anatomy” is set in. Dempsey said he believed there is room in the city for Tully’s and the much larger Starbucks; he noted there might be people who are rooting for the underdog.

“In a society where there are so many big corporations that swallow the little guy, we thought, let’s not let this happen to this company,” he said.

Dempsey made an appearance Friday morning at a Tully’s near Pike Place Market, shaking hands with workers and greeting customers before visiting other stores. Several dozen people, mostly women, came into the store.

Patrease Estelle, 45, works nearby, and came in with a small group from her office.

“I will take whatever I can get. A photo, a hug, a ‘hey, how you doing,’ a wink,” said Estelle, who got a picture and handshake with the actor.

___

Blankinship reported from Seattle and Choi from New York.

Entertainment News Headlines – Yahoo! News

Title Post: ‘McDreamy’ says he beat Starbucks for coffee chain
Url Post: http://www.news.fluser.com/mcdreamy-says-he-beat-starbucks-for-coffee-chain/
Link To Post : ‘McDreamy’ says he beat Starbucks for coffee chain
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment

Read More..

Scare Amplifies Fears That Clinton’s Work Has Taken Heavy Toll

Pool photo by Brendan Smialowski

Hillary Rodham Clinton with Field Marshal Mohamed Hussein Tantawi in Cairo in July.

WASHINGTON — When Secretary of State Hillary Rodham Clinton fractured her right elbow after slipping in a State Department garage in June 2009, she returned to work in just a few days. Her arm in a sling, she juggled speeches and a trip to India and Thailand with physical therapy, rebuilding a joint held together with wire and pins.

It was vivid evidence of Mrs. Clinton’s indomitable stamina and work ethic — as a first lady, senator, presidential candidate and, for the past four years, the most widely traveled secretary of state in American history.

But after a fall at home in December that caused a concussion, and a subsequent diagnosis of a blood clot in her head, it has taken much longer for Mrs. Clinton to bounce back. She was released from a hospital in New York on Wednesday, accompanied by her daughter, Chelsea, and her husband, former President Bill Clinton. On Thursday, she told colleagues that she hoped to be in the office next week.

Her health scare, though, has reinforced the concerns of friends and colleagues that the years of punishing work and travel have taken a heavy toll. Even among her peers at the highest levels of government, Mrs. Clinton, 65, is renowned for her grueling schedule. Over the past four years, she was on the road for 401 days and spent the equivalent of 87 full days on a plane, according to the State Department’s Web site.

In one 48-hour marathon in 2009 that her aides still talk about, she traveled from talks with Palestinian leaders in Abu Dhabi to a midnight meeting with Prime Minister Benjamin Netanyahu in Jerusalem, then boarded a plane for Morocco, staying up all night to work on other issues, before going straight to a meeting of Arab leaders the next morning.

“So many people who know her have urged me to tell her not to work so hard,” said Melanne S. Verveer, who was Mrs. Clinton’s chief of staff when she was first lady and is now the State Department’s ambassador at large for women’s issues. “Well, that’s not easy to do when you’re Hillary Clinton. She doesn’t spare herself.”

It is not just a matter of duty, Ms. Verveer and others said. Mrs. Clinton genuinely relishes the work, pursuing a brand of personal diplomacy that, she argues, requires her to travel to more places than her predecessors.

While there is no medical evidence that Mrs. Clinton’s clot was caused by her herculean work habits, her cascade of recent health problems, beginning with a stomach virus, has prompted those who know her best to say that she desperately needs a long rest. Her first order of business after leaving the State Department in the coming weeks, they say, should be to take care of herself.

Some even wonder whether this setback will — or should — temper the feverish speculation that she will make another run for the White House in 2016.

“I am amazed at the number of women who come up to me and tell me she must run for president,” said Ellen Chesler, a New York author and a friend of Mrs. Clinton’s. “But perhaps this episode will alter things a bit.”

Given Mrs. Clinton’s enduring status as a role model, Ms. Chesler said women would be watching which path she decides to take, as they plan their own transitions out of the working world.

“Do remember that women of our generation are really the first to have worked through the life cycle in large numbers,” she added. “Many seem to be approaching retirement with dread.”

For now, aides say, Mrs. Clinton’s focus is on wrapping up her work at the State Department. She would like to take part in a town hall-style meeting, thank her staff and sit for some interviews. But first she has to get clearance from her doctors, who are watching her to make sure that the blood thinners they have prescribed for her clot are working.

Speaking to a meeting of a foreign policy advisory board from her home in Chappaqua, N.Y., on Thursday, Mrs. Clinton said she was crossing her fingers and encouraging her doctors to let her return next week. “I’m trying to be a compliant patient,” she said, according to a person who was in the room. “But that does require a certain level of patience, which I’ve had to cultivate over the last three and a half weeks.”

While convalescing, Mrs. Clinton has spoken with President Obama and has held a 30-minute call with Senator John Kerry, Democrat of Massachusetts, whom Mr. Obama nominated as her successor.

Read More..

After Fiscal Deal, Tax Code May Be Most Progressive Since 1979

WASHINGTON — With 2013 bringing tax increases on the incomes of a small sliver of the richest Americans, the country’s top earners now face a heavier tax burden than at any time since Jimmy Carter was president.

The last-minute deal struck by the departing 112th Congress raised taxes on a handful of the highest-earning Americans, with about 99.3 percent of households experiencing no change in their income taxes. But the Tax Policy Center estimates that the average family in the top 1 percent will pay a federal tax rate of more than 36 percent this year, up from 28 percent in 2008. That is the highest rate since 1979, at least.

By some measures, the tax code might now be the most progressive in a generation, tax economists said, while noting that every American is paying a lower burden currently than they did then. In fact, the total federal tax rate is still vastly lower for the very rich than it was at any point in the 1940s through 1970s. It has risen from historical lows, but is still closer to those lows than where it was in the postwar decades.

“We made the system more progressive by raising rates at the top and leaving them for everyone else,” said Roberton Williams of the Tax Policy Center, a research group based in Washington. “The offsetting issue is that the rich have gotten a lot richer.”

Indeed, over the last three decades the bulk of pretax income gains have gone to the wealthy — and the higher up on the income scale, the bigger the gains, with billionaires outpacing millionaires who outpaced the merely rich. Economists doubted that the tax increases would do much to reverse that trend.

With the recovery failing to improve incomes for millions of average Americans and the country running trillion-dollar deficits, President Obama made “tax fairness” a centerpiece of his re-election campaign. In the heated negotiations with House Speaker John A. Boehner, that translated into the White House’s insistence on tax increases for the top 2 percent of households and a continuation of tax breaks and cuts for a vast number of taxpayers.

Republicans resisted increasing tax rates and aimed for lower revenue targets, arguing that spending was the budget’s primary problem and that no American should see his or her taxes go up too much in such a sluggish economy. But ultimately they relented, and Congress cut a last-minute deal.

“A central promise of my campaign for president was to change the tax code that was too skewed towards the wealthy at the expense of working middle-class Americans,” Mr. Obama said after Congress reached an agreement.

That deal includes a host of tax increases on the rich. It raises the tax rate to 39.6 percent from 35 percent on income above $400,000 for individuals, and $450,000 for couples. The rate on dividends and capital gains for those same taxpayers was bumped up 5 percentage points, to 20 percent. Congress also reinstated limits on the amount households with more than $300,000 in income can deduct. On top of that, two new surcharges — a 3.8 percent tax on investment income and a 0.9 percent tax on regular income — hit those same wealthy households.

As a result of the taxes added in both the deal and the 2010 health care law, which came into effect this year, taxpayers with $1 million in income and up will pay on average $168,000 more in taxes. Millionaires’ share of the overall federal tax burden will climb to 23 percent from 20 percent.

The result is a tax code that squeezes hundreds of billions of dollars more from the very well off — about $600 billion more over 10 years — while leaving the tax burden on everyone else mostly as it was. And the changes come after 30 years of both Republican and Democratic administrations doing the converse: zeroing out federal income taxes for many poor working families while also reducing the tax burden for households on the higher end of the income scale.

“Back at the end of the Carter and beginning of the Reagan administrations, we had a pretty severe income-tax burden for people at a low level of income. It was actually kind of appalling,” said Alan D. Viard, a tax expert at the American Enterprise Institute, a right-of-center research group in Washington. “Policy makers in both parties realized that was bad policy and started whittling away at it” by expanding credits and tinkering with tax rates.

After those changes and the new law, comparing average tax rates for poor households and wealthy households, 2013 might be the most progressive tax code since 1979. But economists cautioned that measuring progressivity is tricky. “It’s not like there is some scientific measure of progressivity all economists agreed upon,” said Leonard E. Burman, a professor of public affairs at Syracuse University. “People look at different numerical measures and they’ve changed in different ways at different income levels.”

Mr. Viard said that over time the code had become markedly more progressive for the poor compared with the middle class. But it arguably did not become much more progressive for the rich compared with the middle class, or the very rich compared with the rich, in part because of the George W. Bush-era tax cuts on investment income.

An anesthesiologist who earns a $500,000 salary subject to payroll and income taxes might pay a higher tax rate than a hedge fund manager making $1 billion subject mostly to capital-gains taxes, for instance.

Economists are also divided on the ultimate effect of those tax increases on the wealthy to income growth and income inequality in the United States. The recession hit the incomes of the rich hard, but they have snapped back much more strongly than those for middle or low-income workers.

“I’d still rather be really rich, even if I’m getting taxed much more than a low-income person” would be, Mr. Williams of the Tax Policy Center added.

Read More..

Economy maintains job growth as unemployment holds at 7.8%

WASHINGTON -- The U.S. job market continued to show slow and steady improvement in December as employers added 155,000 jobs last month, in line with analysts' expectations and at the average monthly pace for the last two years.

The jobless rate held steady at 7.8% as November's unemployment figure was revised up from the initial estimate of 7.7%, the Bureau of Labor Statistics said Friday.

The good news in the report is that worries about the so-called fiscal cliff of tax hikes and budget cuts didn't derail hiring last month, as some had feared it could. Healthcare hiring was very strong, manufacturing bounced back and construction added a solid batch of jobs, although part of that was likely due to recovery efforts from Superstorm Sandy that struck the Northeast in late October.

On the other hand, some analysts were hoping for stronger overall job growth last month, closer to 200,000, as there were some indications earlier this week that hiring in the private sector might have accelerated. But the retail sector cut back its staffing, as did the information industry. Government employers, mostly local schools, shed 13,000 from its payrolls. Temporary-help employment was flat.

The nation's unemployment rate of 7.8%, also matched in September, is the lowest since January 2009. Unlike November, last month workers didn't exit the job market. The labor force actually grew. More reported having jobs, but the ranks of the unemployed also increased, to 12.2 million last month.

Almost 40% of the unemployed said they had been without jobs for six months or longer -- a statistic that has shown little improvement over the years, which is particularly worrisome as more of these workers will find it increasingly difficult to find work as their skills atrophy and they become discouraged.

Analysts were expecting job growth of about 150,000 in December, which is about what the economy has been generating on average for the last two years. Although that is a decent pace, certainly enough to absorb new entrants into the labor force, it's not strong enough to bring down unemployment quickly and create opportunities for the large number of jobless workers.

As of December, the nation had about 134 million payroll jobs -- still 4 million fewer than at the end of 2007 when the economy began its descent into recession.

Looking ahead, economists aren't expecting any pickup in hiring in the near term. In fact, job growth could slide back a bit, analysts say, until policymakers resolve the thorny issues of raising the debt ceiling and budget deficit problems. Lawmakers averted most of the "fiscal cliff" earlier in the week, but they let payroll taxes rise to previous rates, which is expected to slow consumer spending a bit and could take a bite out of hiring in the next few months.

ALSO:

'Cliff' deal lifts stocks and doubts

Fed to tie interest rate to job gains

Economists see mediocre growth in 2013

Read More..

Forget the Internet of Things: Here Comes the Internet of <em>Cars</em>

What if large groups of people could go beyond ridesharing – replacing traditional car ownership altogether through on-demand access to the cars they want: a convertible in the summer, an SUV for winter ski trips?

What if driving skills could be computed as a score that warned us of bad drivers nearby – real time, on the road – also enabling navigation systems to offer safer alternative routes? Imagine if we could get rid of traffic jams and accidents altogether. Or how about if our cars picked up our groceries on their own – and dropped us off at the airport like a self-contained limo service?

What if automakers could subsidize our car purchases by working with telecommunications and other companies that want to capitalize on the lifetime revenue opportunity of a connected driver? Consider also the possibilities for insurance providers to charge higher premiums (for those who drive their cars themselves), or for local governments to monitor personal CO2 usage (in exchange for not taxing or tolling public roads).

Whether you embrace or object to these scenarios, they’re not too far away. This isn’t just an evolution of technology-enabled, connected vehicles. This goes beyond self-driving cars. And it’s more than a simple sensor-network: This is the era of smart mobility — an Internet of Cars.

Basically, cars have become the “ultimate mobile device” and we, the people, are becoming “connected drivers”. These aren’t just buzzwords: As a longtime strategic adviser and analyst of this space, I’ve been using these terms since 1998 to describe this fundamental transformation of the automobile. And it’s coming within this decade. For example, by 2016, most buyers in mature automotive markets (U.S., Western Europe) will consider vehicles’ ability to access web-based information a key criterion when purchasing an automobile. For premium vehicle brand buyers, this tipping point will be reached even sooner: 2014. That’s just one year away.

The connected vehicle is leading the automotive industry to its most significant innovation phase … since the creation of the automobile itself.

The Era of Smart Mobility Is Going to Change Everything

But what is it? “Connected vehicles” are cars that access, consume, create, enrich, direct, and share digital information between businesses, people, organizations, infrastructures, and things. Those “things” include other vehicles, which is where the Internet of Things becomes the Internet of Cars.

As these vehicles become increasingly connected, they become self-aware, contextual, and eventually, autonomous. Those of you reading this will probably experience self-driving cars in your lifetime — though maybe not all three of its evolutionary phases: from automated to autonomous to unmanned.

Those of you reading this will probably experience self-driving cars in your lifetime.

We still need to address a number of technology, engineering, legislative, and market issues to develop successful offerings here. But this automotive era builds on current and related industry trends such as the convergence of digital lifestyles, the emergence of new mobility solutions, demographic shifts, and the rise of smartphones and the mobile internet.

Consumers now expect to access relevant information wherever they are … including in the automobile. At the same time, these technologies are making new mobility solutions – such as peer-to-peer car sharing – more widespread and attractive. This is especially important since vehicle ownership in urban areas is expensive and consumers, especially younger ones, don’t show the same desire for vehicle ownership as older generations do.

To be successful, connected vehicles will draw on the leading technologies in sensors, displays, on-board and off-board computing, in-vehicle operating systems, wireless and in-vehicle data communication, machine learning, analytics, speech recognition, and content management. (That’s just to name a few.) All of this leads to considerable benefits and opportunities: reduced accident rates, increased productivity, improved traffic flow, lowered emissions, extended utility for EVs, new entertainment options, and new marketing and commerce experiences.

Besides providing automobiles and drivers with new function, connected vehicles will also expand automotive business models to include a much broader set of industries — IT, retail, financial services, media, consumer electronics. This is significant, because it could challenge the traditional automotive business model: Rather than focusing only on the sale and maintenance of a vehicle, companies will focus on the sum of business opportunities the automobile represents.

Consumers, especially younger ones, don’t show the same desire for vehicle ownership as older generations do.

But What Do Consumers Want?

Do people even want all this? Or is this just a case of business thinkers, technologists, and early adopters making predictions in an echo chamber? It’s not.

Consumers do show a strong interest in the features of a connected vehicle. For example, from analyses Gartner conducted over the last year, we found that of all U.S. vehicle owners:

• Almost half (46%) are interested in safely accessing mobile applications inside the vehicle. These applications include receiving on-demand wireless map or software updates, finding available parking spots, and conducting local searches; nearly 40% would also opt for remote diagnostic capabilities that alert them when parts need replacement.


• More than one-third are interested in a self-driving, autonomous vehicle.


• Thirty percent are likely to opt for a vehicle that allows them to tether their smartphone to get internet connection there.

Our increasingly digital “lifestyles” may also force consumers to re-evaluate personal transportation choices. For example: The combined cost of a monthly mobile and residential internet plan might be competing with the cost of filling up a car at the gas station.

These tradeoffs are even more important to younger vehicle owners (18- to 24-year-olds) than older ones (54+ years). The younger group is more likely (30%) to choose internet access over having a vehicle (compared to just 12% of the older group), and about the same percentages are likely to use a car-sharing service as an alternative to vehicle ownership.

The cost of a monthly mobile and residential internet plan competes with the cost of filling up a car at the gas station.

Obviously, connected vehicle applications have to be safe, reliable, and non-distracting to wow consumers on an emotional level and convince them on a rational level. Simply copying interfaces from other mobile devices will not be enough – buttons in cars actually work great for certain functions. The automotive industry will need to innovate new experiences and integrate systems thoroughly so consumers don’t feel they can get the same results with just an iPad on the passenger seat.

But the fact remains that automobiles are here to stay, and they’re going to be connected. The innovations and changes described here will mature relatively quickly over the next two decades. For example, I predict that by 2016 at least three companies will have announced concrete plans for upcoming product launches offering advanced autonomous vehicle technology.

This isn’t pie-in-the-sky — just consider a few recent advancements in the automotive connectivity space: Avis acquiring Zipcar; the first over-the-air automotive software patch by Tesla; Intel getting significantly involved in the connected vehicle value-chain; big telcos like Sprint extending their reach into automotive; a high-ranking Apple executive taking a seat on a carmaker’s board. All of these moves signal the trend.

And for those who are also passionate about automobiles and driving, the era of the connected vehicle will open a mesmerizing new world. You know that immediate connection between our senses and the stimulatory triggers of a car: sounds, speed, sights? Imagine that feeling, and so much more. I am optimistic that the automotive industry and technology companies will preserve this fascination of the automobile – it is, after all, an immersive experience.

But if you don’t like this dawning era of the connected vehicle, you should get your (unconnected) dream car now.

Read More..