Why Illinois Is In Trouble: 122,258 Public Employees Earned $100,000+ Costing Taxpayers $15.8 Billion
It 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.
Gov. Andrew Cuomo and state lawmakers reached a new budget deal in Albany early Wednesday morning.
The president of the New York Stock Exchange is openly warning that the famed financial center may relocate if a radical new law is implemented.
New York's Governor says bail him out or he'll be forced to punish New Yorkers with tax hikes.
Days 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
In 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 if the federal government doesn't provide aid - despite begging the rich just weeks ago to return to the Big Apple
A 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 drink!' as he fights off calls to raise their taxes - which he fears may scare them away forever
Despite 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
Josh 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.
Why 3 weeks?
Just prior to the global Coronavirus outbreak, serious signs of an emerging financial crisis began to emerge.
And why we may see more of this in the wake of COVID-19
Most 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.
It's a "massive burden shift from multi-billion dollar gig companies to taxpayers and workers."
We 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.
Already strained by unfunded pension obligations, states now face a collapse in tax revenue.
California 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.
Charles 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.
The 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, but Illinois sure does
In 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.
Billionaire 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 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.
In 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
There's no need for fees on electric cars with this option.
In 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
New 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.