Tag: taxes

How money makes you poor with Robert Kiyosaki

Hello everyone for the next half hour we'll be talking to robert kiyosaki he is a very famous entrepreneur talking to people all over the world about how to become a successful business person he is very tough he's very blunt but I hope you'll enjoy it and get something out of This interview let's get into it misuk yo ...

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Prof. Antony Davies: 10 Myths About Government Debt

ANTONY DAVIES: Myths about the government debt. Myth number one, the government owes 20 trillion dollars. How much is 20 trillion dollars? Suppose you go to Germany, and in Germany, you go to every town. In every town, you visit every store. In every store, you look at every shelf and grab everything that is for sale. The amount of ...

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Biden’s Proposed Cap Gains Tax Would Exceed 100 Percent

President Joe Biden’s proposed capital gains tax increase could result in an effective tax rate of over 100 percent after adjusting for inflation, according to recent calculations by Laffer Associates. The increase would more than double the tax investors pay on investments held longer than one year. The proposal, outlined as part of Biden’s $6.8 trillion budget plan for 2024, ...

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Push Begins for Even Higher California Taxes

Commentary The (spiked) punchbowl has been removed. The party’s over. The massive budget surpluses of recent years are gone with the Santa Ana winds. Inevitably, in California, that means calls for new tax increases—in the state already suffering the country’s highest taxes. That’s happening as 700,000 people have exited in the last two years due to the state’s high cost ...

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The Case for Risking Default on the Debt

Commentary The same old game is starting all over again. The big spenders in Congress and the administrative state are demanding an increase in the debt limit. Republicans aren’t happy about it. They are demanding some fiscal responsibility. The negotiations begin. But the cards are stacked, and why? Because the bad guys in this drama always have a central threat ...

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Orange County Board of Supervisors Goes Democrat

Commentary For the first time in more than four decades, Democrats hold a majority on the Orange County Board of Supervisors, 3-2. Trending “purple” for the last two decades, OC now is moving directly into “blue” territory, the “red” increasingly being left behind. That’s after Supervisor Katrina Foley won reelection against former state Sen. Pat Bates. In March 2021, Foley ...

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