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Heres the deal that emerged. Instead of a 3 cent soda tax the tax rate would be 1. 5 per ounce and would include diet sodas as well, another change from the original proposal. Keith jones is live at city hall. Keith, the soda tax has not crossed the finish line yet but did clear a major hurdle. Reporter thats right, jacqueline, a major hurdle and major victory for mayor jim kenney at city hall not to mention a major blow to the soda industry and people against more taxes in the city. Thank you all very much. Reporter cameras capture cola history, Council Gives the early approval. Traditionally the bills come out of committee with a significant vote, more often than not it will pass. Reporter the proposed tax rate dropped from 3 cents per ounce to 1. 5 cents per ounce but covers more drinks. Artificially sweetened beverages are included. In other words, diet soda. Earlier today emotions bubbled over. Inside no new taxes. Reporter an ....
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In 2008, amid one of the most severe financial crises in recent history, legendary investor Warren Buffett, chairman of Berkshire Hathaway, shared a piece of timeless wisdom that would resonate with investors for generations to come: “Be fearful when others are greedy, and be greedy when others are fearful.” ....
In 2008, amid one of the most severe financial crises in recent history, legendary investor Warren Buffett, chairman of Berkshire Hathaway, shared a piece of timeless wisdom that would resonate with investors for generations to come: “Be fearful when others are greedy, and be greedy when others are fearful.” The global financial system was in turmoil. The subprime mortgage crisis had spiraled into a full-blown financial meltdown, leading to bank failures, a collapsing housing market and a sense ....