Rich People Won't Just Sit Still While You Tax Them
• https://thedailyeconomy.org, Andrew WilfordHigher taxes motivate the wealthy to move out of state and take their job-providing, revenue-creating businesses with them.
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Higher taxes motivate the wealthy to move out of state and take their job-providing, revenue-creating businesses with them.
The poorest state in the nation just passed bold tax reform that empowers workers, attracts investment, and simplifies the system. It's a model worth copying.
This graphic, via Visual Capitalist's Bruno Venditti, is based on research by WalletHub, which ranked states by total tax burden, combining property, income, and sales taxes as a share of personal income. Data is from the Tax Policy Center as of Marc
A new study looked at the highest and lowest tax burdens, per state, in the U.S.
Washington State's unofficial state motto has long been "Al-ki" which means either "bye and bye" or "by and by" in Chinook.
There's a reason why you'll never truly own your home. It is called the property tax. It is a yearly tax - paid forever - based on what the taxers say your home is worth this year, irrespective of what you paid for it when you thought you bou
Elon Musk responded to X user Wall Street Silver's post, citing a New York Times report that revealed Musk's social media company would shift its San Francisco office outside the highly taxed, crime-ridden metro area controlled by left-wing progressi
Kevin O'Leary of Shark Tank fame has revealed that he left Massachusetts for the sandy shores of Florida because of the high taxes in the East Coast state.
Exhibit #09.045. 'A person registering to vote in Arizona becomes subject to Arizona income tax law. A.R.S. S 43-102 imposes a tax upon the net income of every resident of the state. Under A.R.S. S 43-l0l(p) resident includes every individual who is
This map graphic visualizes the total tax burden in each U.S. state as of March 2024, based on figures compiled by WalletHub.
Citizens of Georgia, Kentucky, Wisconsin, and Kansas may soon enjoy lower taxes on precious metals if recently introduced pro-metal bills are made law in 2024.
Income tax is voluntary. This video explains what to do about that.
According to the Case-Shiller index, home prices have increased 44 percent since February 2020. That's just an average, of course, and some markets have seen increases in prices that are far higher.
Two weeks ago, the California Legislature passed a new excise tax on the sales price of all firearms, firearm precursor parts, and ammunition.
What About Toll Booths?
High speed rail has been bilking the taxpayers since 2008, and we still don't have a train
California: The cost of electricity will soon be based on amount of electricity consumed, plus income level; the new program is called "income graduated fixed charges". It's a new income tax plus a new wealth redistribution scheme. California c
Assessing a state sales tax on the purchase of gold and silver is becoming an outmoded, indeed outrageous, practice – but a small number of U.S. states still engage in it.
Last September, billionaire Ken Griffin announced he was pulling up stakes and moving Citadel--his gigantic hedge fund--from Chicago to Miami.
After it emerged last week that Disney pulled a fast one on Florida Governor Ron DeSantis (R) - by enacting a new rule that any changes to the company's long-held special taxing district in Orlando 'must be made to benefit Walt Disney world' -
After it emerged last week that Disney pulled a fast one on Florida Governor Ron DeSantis (R) - by enacting a new rule that any changes to the company's long-held special taxing district in Orlando 'must be made to benefit Walt Disney world' -
Members of the Kansas Legislature are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution's monetary provisions.
A South Carolina State Senator has proposed a "Yankee Tax" for Northerners that are flocking to the state.
State lawmakers of both houses have just voted overwhelmingly to exempt physical gold, silver, platinum, and palladium coins and bullion from the Mississippi state sales tax, sending the bill to Governor Tate Reeves (R) for his signature.
What is the difference between Excess Proceeds and simple Municipal Theft? Can a town foreclose on a property worth multiple times the debt owed and simply keep the proceeds? How many constitutionally protected rights does such "excess proceeds
The IRS advises taxpayers in a dozen states including California and Virginia to delay filing while it decides whether inflation relief payments are taxable.
There's a movement underway, two of them actually, in opposite directions.
The income tax is a terrible affront, of course. It is based on the odious idea that when you earn money, you owe it – to people who didn't work for it but who have the power to take it.
Its current champion in Congress is Georgia Rep. Earl "Buddy" Carter, whose Fair Tax Act would swap out the income, payroll, estate, and corporate levies for a 30% national sales tax. It would also send out "prebate" checks to soften the blow
Theft is defined as "the taking of another person's property or services without that person's permission or consent." Almost invariably, governments pass tax laws and set tax rates without any consultation with the citizenry.