Why Illinois Is In Trouble: 122,258 Public Employees Earned $100,000+ Costing...
• https://www.zerohedge.com, By Adam AndrzejewskiWhy Illinois Is In Trouble: 122,258 Public Employees Earned $100,000+ Costing Taxpayers $15.8 Billion
Contents Pages by Subject
TAXES: State
Tech billionaires are staying "very, very quiet" on proposals to tax their wealth
• https://www.vox.com, By Theodore SchleiferIt is relatively easy for a billionaire to say they support higher taxes. More is on the line if they are asked to do something about it.
New York's $212B budget deal includes mobile sports betting, taxing wealthiest
• https://www.fox5ny.com by Sharon CrowleyGov. Andrew Cuomo and state lawmakers reached a new budget deal in Albany early Wednesday morning.
Why the New York Stock Exchange Could Soon Flee the State
• https://fee.org by Brad PolumboThe president of the New York Stock Exchange is openly warning that the famed financial center may relocate if a radical new law is implemented.
Governor Cuomo's Pitiful Tax Hike Ultimatum Will Punish New York
• https://www.zerohedge.com by Mike ShedlockNew York's Governor says bail him out or he'll be forced to punish New Yorkers with tax hikes.
Wisconsin Confirms Foxconn's Taxpayer-Backed LCD 'Factory' Isn't Real
• https://www.zerohedge.com, by Tyler DurdenDays before the State of Wisconsin denied Foxconn's request for state tax credits - in the form of direct payments from the state to Foxconn's bank account - related to the "factory" built by the world's largest contract tech manufacturer in Mount Pl
Let The Exodus Begin: New Jersey Raises Tax On Millionaires
• https://www.zerohedge.com, by Tyler DurdenIn the latest suicidal move by New Jersey, the state which after Illinois is in the direst of financial straits and has the second lowest credit rating in the nation...
Gov Andrew Cuomo says he WILL consider hiking taxes for New York City's wealthiest residents...
• https://www.dailymail.co, By EMILY CRANEGov Andrew Cuomo says he WILL consider hiking taxes for New York City's wealthiest residents if the federal government doesn't provide aid - despite begging the rich just weeks ago to return to the Big Apple
New Jersey Is Becoming The Most Hated State As Households Flee In Record Numbers
• https://www.zerohedge.com by Tyler DurdenA new tax on millionaires, a 22.5% gas tax hike (bringing the total increase to 250% in 4 years), and now a tax on high frequency trades: it is becoming obvious to most - except perhaps the state's democratic leadership -
Cuomo begs wealthy New Yorkers to come back to save the city and pleads 'I'll buy you a drin
• https://www.dailymail.co, By JENNIFER SMITHCuomo begs wealthy New Yorkers to come back to save the city and pleads 'I'll buy you a drink!' as he fights off calls to raise their taxes - which he fears may scare them away forever
"They Just Take And Take" - AOC Aims To "Soak The Rich" With Proposed New York W
• https://www.zerohedge.com, by Tyler DurdenDespite the critical role she played in dissuading Amazon from bringing its "HQ2" to Queens (it was one of two sites chosen by the company after more than a year of searching), AOC triumphed over all of her Democratic primary opponents, including for
The Shutdowns DESTROYED LIVES - Now The Government Wants To HIKE TAXES To Pay For It!
• World Alternative Media - Josh SigurdsonJosh Sigurdson reports on the absolute destruction of the economy and the average person's salary as governments throughout the United States prepare to fix the problem THEY created based on lies with more of a problem. Extortion.
It Takes 3 Weeks To 'Escape From Illinois'
• https://www.zerohedge.com, by Mike ShedlockWhy 3 weeks?
Major Tax Increases Are About To Slam America As Cities & States Want You To Pay For COVID Fallout
• https://www.zerohedge.com, Tyler DurdenJust prior to the global Coronavirus outbreak, serious signs of an emerging financial crisis began to emerge.
How Elon Musk Beat a California Dictate by Flexing the "Power of Exit"
• https://fee.org by Dan SanchezAnd why we may see more of this in the wake of COVID-19
States Are Now Wrestling With The Biggest Budget Crisis They Have Faced In All Of U.S. History
• http://theeconomiccollapseblog.com by Michael SnydMost U.S. states are seeing tax revenues completely and utterly collapse during this COVID-19 pandemic, and some are already begging the federal government for bailout money.
Uber and Lyft Owe California $413 Million in Unemployment Insurance Taxes, Study Says
• https://www.vice.com, by Edward Ongweso JrIt's a "massive burden shift from multi-billion dollar gig companies to taxpayers and workers."
What Happens As State And Local Tax Revenues Crater?
• https://www.zerohedge.com by Charles Hugh SmithWe can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won't repair the eroding foundations of tax revenues.
The Crisis's Impact on Budgets
Menckens GhostAlready strained by unfunded pension obligations, states now face a collapse in tax revenue.
Had Enough? Californians Turn Down Higher Taxes, Debt
• https://www.usnews.com, By Associated PressCalifornia residents pay some the nation's highest taxes on gas, clothing and the money they earn -- and those revenues have contributed to a massive state budget surplus.
Schwab Abandons High-Tax San Francisco For New $100 Million Mega-HQ In Dallas
• https://www.zerohedge.com, Tyler DurdenCharles Schwab's $26 billion deal to acquire TD Ameritrade will result in the relocation of its San Francisco-based headquarters to Dallas-Fort Worth, reported The Wall Street Journal.
California conservatives leaving the state for 'redder pastures'
• https://www.latimes.com, By Sarah ParviniThe Volkswagen SUV whizzed past the Texas state line, a U-Haul trailer in tow, as it made its way toward Amarillo.
Which are the least tax-friendly states in America? California doesn't crack the top 10...
• https://www.marketwatch.com, By CATEY HILLWhich are the least tax-friendly states in America? California doesn't crack the top 10, but Illinois sure does
The Bolsheviks even want to tax your toaster oven…
• https://www.sovereignman.com, Simon BlackIn a concept paper called "Treat Wealth Like Wages", the ranking member of the US Senate Finance Committee laid out a plan late last week to radically overhaul the tax code in a way never before seen.
Carl Icahn Planning Move To Florida For Lower Taxes, "More Casual Pace"
• https://www.zerohedge.com by Tyler DurdenBillionaire investor Carl Icahn is reportedly planning to move his business - and his home - to Florida, one of seven US states with no personal income tax, to avoid New York taxes, according to Bloomberg.
Kids Ordered to Pay Sales Tax at Children's Expo Receive a Sad Lesson in Entrepreneurship
• https://fee.org by Brittany HunterKids participating in Utah's Children's Entrepreneur Market are being ordered by government officials to pay sales tax on their small businesses. But one activist says children are exempt from such taxes.
The California Tax
• https://www.lewrockwell.com by Eric PetersIn 1861, eleven Southern states decided they no longer consented to be governed by Northern politicians – who had acquired de facto political control over the federal government – and thereby, over the entire country – by dint of the North's
Instead Of Raising Gas Taxes, Maybe This Is A Better Solution
• https://insideevs.com By Carl SchwendemanThere's no need for fees on electric cars with this option.
The California Tax
• https://www.ericpetersautos.com/2019/07/30/the-calIn 1861, eleven Southern states decided they no longer consented to be governed by Northern politicians - who had acquired de facto political control over the federal government - and thereby, over the entire country - by dint of the North's
Over-Taxed: The Middle Class Is Being Wiped Out, NJ Residents Flee In Droves
• https://www.zerohedge.com, By Tyler DurdenNew Jersey residents are fleeing their state in droves thanks to the over taxation and immense financial burden placed on them by their socialist state government.
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