Following rules set down (rather shamefully) by the Government Accounting Standards Board, the individual states discount their pension liability by the assumed rate of return on the assets, in most cases around 8%.This is "Alice-in-Wonderland accounting", as David Crane, an economic adviser to California's governor, Arnold Schwarzenegger, has remarked.
Given the time lag needed to reach steady state, discounting could be considered, but the means of implementation and especially the value of including a discount rate in such an optimization exercise is debatable.
27 states restrict discounting on alcohol and the rules vary by state.
Many states still discount their pension liabilities by the assumed rate of return on their assets, often around 8%.
Sam's Club, the warehouse unit of Wal-Mart Stores, the world's largest retailer, has joined with the manufactured housing company Fleetwood Enterprises to sell homes through its stores in nine states at discounted prices.
These two states were discounted, or rather their votes not counted, by the national Democratic party because they moved their primaries before the Feb. 5 big date, and now they're being punished.
The health care law -- beloved by some, hated by others -- makes Medicaid available to all low-income people in participating states, provides discounted private insurance to people buying on their own, and lets young adults stay on their parents' plans.
In the U.S. the Coda Sedan is priced to compete with the Chevy Volt and Nissan Leaf at $44,900 before federal and state discounts or incentives.
Like Verizon, which now sells programming in New York, Florida and five other states, AT&T is discounting heavily to attract new customers.
Michigan has tried to use the federal Medicaid law as leverage to force drug manufacturers and wholesalers to sell their products in the state at discounted prices.
