Category / Financial

by Hoosier Econ

NFL Top 50 Players Merchandise Sales

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1. Russell Wilson, Seattle Seahawks

2. Peyton Manning, Denver Broncos

3. Tom Brady, New England Patriots

4. Colin Kaepernick, San Francisco 49ers

5. Aaron Rodgers, Green Bay Packers

6. Dez Bryant, Dallas Cowboys

7. Richard Sherman, Seattle Seahawks

8. J.J. Watt, Houston Texans

9. Marshawn Lynch, Seattle Seahawks

10. Johnny Manziel, Cleveland Browns

11. Jason Witten, Dallas Cowboys

12. Drew Brees, New Orleans Saints

13. Rob Gronkowski, New England Patriots

14. LeSean McCoy, Philadelphia Eagles

15. Andrew Luck, Indianapolis Colts

16. Clay Matthews, Green Bay Packers

17. Tony Romo, Dallas Cowboys

18. Brandon Marshall, Chicago Bears

19. Calvin Johnson, Detroit Lions

20. Odell Beckham Jr., New York Giants

Read the rest of the Top 50 via Yahoo Sports

by Hoosier Econ

Average Obamacare Tax is $1130

Back in 2009 when President Obama repeated that the Obamacare mandate was not a tax.

Today, more Obamacare information keeps rolling out showing the fees or what the U.S. Supreme Court labeled a “tax”. Here is a brief excerpt from Forbes.com:

As millions of Americans scramble to file their tax returns, many are shocked by the full cost of ObamaCare’s individual mandate.

“Those who failed to obtain minimum essential health insurance coverage last year will have had to send the Internal Revenue Service (IRS) a check for $1,130, on average,” Doug Holtz-Eakin, former director of the Congressional Budget Office, testified today before a congressional hearing.

You can read the rest here.

by Hoosier Econ

JP Morgan Legal Costs

ZeroHedge posted this on their Twitter account but this shows how lawyers make billions off a highly regulated financial system via the government.

by Hoosier Econ

Study: People Are Leaving High-Tax States

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Washington Times and Stephen Moore put together a piece showing migration out of high tax states and migration into low tax states.

The least “regressive” tax states had average population growth from 2003 to 2013 that lagged below the national trend. The 10 most highly “regressive” tax states, including nine with no state income tax, had population growth on average 4 percent above the U.S. average. Why was that? Because states without income taxes have twice the job growth of states with high tax rates. Unlike the experts at the Institute on Taxation and Economic Policy, most Americans think that fairness means having a job.

Read the rest here.

by Hoosier Econ

Pennsylvania Pension Plans Are In Trouble

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With a so called “booming” stock market states pension systems are still getting worse. Decades of shady accounting practices and too many promises have made pensions almost broke.

In Pennsylvania there is talk of pension reform after one startling find recently. Here is more from IndianaGazette.com:

Pennsylvania Auditor General Eugene DePasquale warned Friday that the growing collective municipal pension debt in the commonwealth, if allowed to worsen, will become a problem for every Pennsylvanian.

“We found 46 percent of the municipal pension plans in Pennsylvania … are in some level of distress,” DePasquale said. “Certainly the bigger dollar amounts are in Philadelphia and Pittsburgh. … Scranton is very bad.”

by Hoosier Econ

How Many Wineries Are in Indiana?

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There are 76 wineries in the Hoosier state. Indiana produces 1.4 million gallons of wine a year, but it grows only 650 acres of grapes.

H/T TheStarPress.com

by Hoosier Econ

Walmart Expanding on College Campuses

I took a look at some Walmart store expansion numbers to see where the company is expanding. This is current data from February 2015.

First lets go overseas where they are ramping up in South Africa

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The current U.S. data is where I found the college campus expansion numbers.

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Here is more about the recent growth on college campuses via INSIDE Higher Ed –

In January 2011, Walmart opened its first location on a university campus at the University of Arkansas at Fayetteville, a half-hour drive from its corporate headquarters. Now, Walmart has announced that it will be opening a second campus location, at Arizona State University, with luck by May, according to Delia Garcia, a Walmart spokeswoman. A third location, at Georgia Tech, is slated to open at a to-be-determined time next year. “Walmart on campus is an opportunity to bring low prices to students, reach new customers and serve our on-campus customers in a convenient way,” Garcia said in an interview.

by Hoosier Econ

Happy Easter from Hoosier Econ

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by Hoosier Econ

Man That Proved Consumers Are Naive Dies

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Via People.com –

Gary Dahl, the man who became a millionaire by selling ordinary rocks, died on March 23 at the age of 78.

Dahl, an advertising copywriter, thought up the Pet Rock in 1975, after listening to friends complain about having to care for actual pets. The Pet Rock became an unlikely fad through Christmas that year. They sold for $4 each, and Dahl became a millionaire by the time the product was discontinued in February 1976.

by Hoosier Econ

Music Industry Recording Revenue 1974 – 2009

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Forgot I had this in my records for a post. I have no idea where I got it from so I apologize for not being able to give anyone their proper credit. The numbers are fascinating.