Black Friday is upon us, and — in keeping with tradition — so are the attendant brawls, melees, assaults, thefts and general mayhem.
Nevertheless, Black Friday appears a bit more sedate this year overall. Reuters reports:
Bargain hunters found relatively little competition compared with previous years. Some had already shopped Thursday evening, reflecting a new normal of U.S. holiday shopping, where stores open up with deals on Thanksgiving itself, rather than waiting until Black Friday.
Retailers "have taken the sense of urgency out for consumers by spreading their promotions throughout the year and what we are seeing is a result of that," said Jeff Simpson, director of the retail practice at Deloitte. Traffic in stores was light on Friday, while Thursday missed his expectations…[more]
If the Obama administration thought that canceling millions of individual insurance plans ahead of ObamaCare’s first enrollment period threatened to kill the controversial health law, wait until taxpayers get to experience paying penalties to a dysfunctional IRS.
By now, most Americans are aware that ObamaCare tasks the Internal Revenue Service with collecting the individual mandate tax from people who did not have health insurance during 2014. This year, that means people in violation pay the greater of $95 or 1 percent of their personal income. The amounts rise quickly every year.