California just pushed a billionaire tax onto the ballot and even Gavin Newsom is pushing back — nearly half of California income tax already comes from the top 1 percent

Newsom is drawing a line in the sand on this one. On Monday, April 27, the “2026 Billionaire Tax Act” officially cleared the signature hurdle to land on the November ballot, and the Governor isn’t hiding his frustration. He’s calling the proposal “really damaging” and “makes no sense” for a state that already leans on …

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Real personal Income per CAPITA hasn’t grown for the past 15+ Months

Meanwhile, Corporations are doing better than ever. pic.twitter.com/i34IvXtHqQ — Eric Basmajian (@EPBResearch) May 1, 2026 Trump’s net worth has nearly tripled in his second term, reaching $6.5 billion. His administration is the most brazenly self-enriching in American history. My @Morning_Joe Chart. pic.twitter.com/pLQcU0ySVF — Steven Rattner (@SteveRattner) May 1, 2026

Changing withholding does not increase your income, it just changes when you receive it

If they are pushing withholding changes as a “real wage increase,” then underlying wage pressure is worse than they want to admit publicly. UNREAL: 🇺🇸 U.S. Treasury Secretary Scott Bessent just said something extraordinary. "Change your withholding. You will get an automatic real wage increase." Translation: stop letting the government take your money upfront. Keep …

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Another month, another record-high home price: March hits $408,800—the 33rd straight increase. 17 states now require $100K+ income just to afford the median home

Home prices just did it again. For the 33rd consecutive month, the median price of an existing home climbed—this time to $408,800 in March, a record high for the month, according to the National Association of Realtors’ existing home-sales report. Politicians from President Donald Trump to New York City Mayor Zohran Mamdani have campaigned on …

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‘Paying Income Taxes is the Greatest SCAM in American History!’ Fmr. IRS Special Agent Reveals – Redacted [VIDEO]

https://www.youtube.com/watch?v=BuvHmkfBn54 A former IRS Special Agent joins Redacted to reveal the inner workings of an agency he describes as the ultimate wing of the American deep state. This deep dive exposes the secretive tactics used to wield power over citizens and explores the legal realities behind the country’s most feared financial institution. Learn why this …

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Trump Declares War on IRS – abolish Federal Income Tax

BOOM! 1913 EXPOSED: TRUMP STRIKES FINAL BLOW TO THE IRS — TARIFFS IN, INCOME TAX OUT – Trump Signature on Dollar Signals Return to Pre-1913 Prosperity and True Sovereignty [VIDEO] Trump just declared TOTAL WAR on the IRS! A plan to replace federal income tax with tariffs and restore America’s pre-1913 prosperity. The IRS is …

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Fertilizer shock ripples into food prices, strait crisis starts hitting grocery bills. Your eggs look simple, but the costs behind them just jumped everywhere. Hormuz disruption threatens the income lifeline of over 100 million people.

The egg on your plate this morning was made from corn. Not literally. But the hen that laid it ate roughly two pounds of feed for every dozen eggs she produced. That feed was primarily corn and soybean meal. The corn was grown with nitrogen fertiliser at $610 per ton on the CBOT March settlement. …

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An oil spike in a weakening economy is not inflationary – it is contractionary! FED needs to LOWER rates to counter the effects of higher Oil Prices. “The Income Effect” is the reason. Morgan Stanley still expects Fed cuts, oil shock threatens growth. $150 oil warning, recession risk climbs to 20%

Let me be very clear! An oil spike in a weakening economy is not inflationary – it is contractionary! The FED is extremely misguided if they are going to treat a Supply-Driven Oil-spike as an inflationary trigger. FED needs to LOWER rates to counter the effects of higher Oil… — Henrik Zeberg (@HenrikZeberg) March 17, …

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Income up 10x since 1971 but homes 17x. Home sales collapse to 2009 levels while prices stay near highs. FT: Central banks set to pivot in a hawkish direction

Median family income in the US increased from $10,000 in 1971 to $106,000 today, a 10x increase. However, the median cost of homes increased from $25,000 to $445,000, a 17x increase. And the median cost of cars increased from $3,600 to $50,000, a 14x increase. The median cost of college increased from $2,900 a year …

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Washington legislature approves first income tax on millionaires

On a long enough timeline every state in America is going to be Californicated. — Autism Capital 🧩 (@AutismCapital) March 11, 2026 Factcheck: Washington state “millionaires tax” is advancing, but it hasn’t fully become law yet. The Washington State House of Representatives approved a bill (SB 6346) that would create a 9.9% income tax on earnings …

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SoftBank just missed Wall Street Net Income estimates by 70%. Meta hides $27 billion in AI debt off the books. Oracle piles on $38 billion more through shadow financing. ‘The AI hype will die.’

SoftBank just missed Wall Street Net Income estimates by 70% https://t.co/615qtOBOAZ pic.twitter.com/KlUrlbZfiM — JustDario 🏊‍♂️ (@DarioCpx) February 12, 2026 Meta is paying $6.5 billion extra in interest to keep $27 billion in AI infrastructure debt off its balance sheet. They’re using something called conduit financing, where a special purpose vehicle borrows the money, builds the …

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Claim that Pressley’s husband earns a guaranteed $1,000,000 salary is unproven because disclosure lists only an income range

HOLY CR*P 🚨 Democrat Rep Ayanna Pressley husband went from being in prison for 10 years for drug trafficking to NOW MAKING $1 MILLION DOLLARS PER YEAR as a ‘consultant’ since she got elected to Congress Again, A MILLION PER YEAR “Pressley’s husband is an ex-con who went from… pic.twitter.com/101W7IiisU — Wall Street Apes (@WallStreetApes) …

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Housing Bubble Part Deux! Home Price To Median Household Income Now Higher Than During Catestrophic Home Price Bubble Of 2005-2009 (Job Losses Primarily Women)

by confoundedinterest17 Yikes! The ratio of US Home Prices to US Median Household Income is now higher than the ratio during the catestrophic housing bubble during the latter half of the 2000s. Here is a chart of home prices and median household incone, The labor market is truly screwed-up. The December jobs report reveals that …

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WARNING: Basic income needed to cushion blow from AI job losses

As concerns grow over AI surpassing human abilities within two to three years. Polly Dunbar explores whether universal basic income could be the solution in a world without traditional jobs Every week, £282 appears in Elinor O’Donovan’s bank account. The 27-year-old is a multidisciplinary artist who sculpts and makes films and installations, but the money …

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ADP headline hides a weakening labor market. UPS and Amazon just erased 46,000 high paying delivery jobs in 24 hours. Low income households barely growing this year. Overall slowdown in consumer. Stocks at all-time highs

ADP National Employment Report And What the Headline Misses About Today’s Labor Market ADP says private employers added 41,000 jobs in December, framing it as a rebound. But when you slow down and look at where those jobs came from, the picture changes. Nearly all of the net… pic.twitter.com/D1zs99G6CR — EndGame Macro (@onechancefreedm) January 27, …

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The Fed just admitted it: rich Americans are spending more, poor Americans are falling behind… Households are spending without income growth.

The economy might hum along on paper, but real demand and real buying power are trapped at the top. US consumer spending is extremely concentrated among high-income households: Households in the top 20% of the income distribution now reflect ~39% of all spending on goods and services. Their concentration is even higher in new vehicle …

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Chelsea Clinton co‑authored a study examining whether guaranteed income affects COVID vaccination rates

Effectiveness of incentives The most promising incentive option is guaranteed cash payments, which meet all our criteria when implemented well. A systematic review of vaccine promotion interventions recommends guaranteed cash payments, with an estimate that they increase uptake of vaccines by 8%.2 A trial in Sweden found guaranteed payments provided by researchers increased COVID-19 vaccination …

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How much of your income goes to housing right now?

How much of your income goes to housing right now? by inREBubble “Mine shows 40% and calls it ‘risky’. People always say ‘keep it under 30%’ but I honestly don’t know anyone who does. Curious what real numbers look like” Reporter: Inflation is factoring heavily into consumers' views on spending this holiday season. 61% say …

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U.S. Household Debt Reaches $18.59 Trillion; When six figures isn’t enough, the system is broken. Side hustles and selling stuff to survive on a high income? It’s not a personal failure; it’s a designed collapse of the middle class.

via halturnerradioshow America’s household debt hit $18.59 trillion with a $197 billion Q3 spike this year.   Many people are calling this  “the elite’s silent war on the middle class.” That’s $136,000 per household and an increase of $1,500. Mortgages, car loans, and credit cards are chaining families while the politicians in DC print trillions for …

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President Trump planning to remove income tax

President Trump December 2, 2025 at Cabinet Meeting, “And I believe that at some point in the not to distant future you won’t even have income tax to pay, because the money we’re taking in is so great and so enormous that you’re not going to have income tax to pay. Whether you get rid …

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Since The Federal Government Spending Spree Associated With Covid Ended, Median Household Income Has Declined, But So Have Home Prices

by confoundedinterest17 Roll out the barrel! As in Fed money printing. How can the current housing disaster be fixed? One answer is to build more homes (made difficult by local government zoning and building policies). Another is increase household income. But Fed money printing is the easiest way to increase home prices. Since the Federal government …

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Rep Tim Burchett calls for the federal income tax to be “ELIMINATED” after President Trump pulls in a record $33 BILLION in tariff revenue..

🚨 BREAKING: Rep. Tim Burchett calls for the federal income tax to be "ELIMINATED" after President Trump pulls in a record $33 BILLION in tariff revenue for October alone. Get it done! This would be HUGE for working and middle class Americans. 🇺🇸🇺🇸 pic.twitter.com/9A0docjMzZ — Eric Daugherty (@EricLDaugh) November 28, 2025

Repo crisis spreads nationwide, car loan delinquencies surge. The consumer is DEAD. The McDonald’s CEO is warning of a pullback in spending from low income diners

The economy is booming, if you are the tow truck driver. 00:00 Car Repos Explode to New Highs 07:17 Use Vehicle Sales Just Crashed By 25% 08:58 Real Life Viewer Inflation Story 11:55 Why the Dollar is Worthless Today 17:54 There’s No Way Out of the Mess The FED Created   Subprime car buyers are …

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NY, IL , Calif & Colorado….see a pattern? Colorado has approved an income tax increase on higher-earning households to fund meals for public school students.

More $$taxation because the government has no restraint on spending. NY, IL , Calif & Colorado….see a pattern? — floridanow1 (@floridanow1) November 5, 2025 Shannon Thompson, public policy and legislative chair for the Colorado School Nutrition Association, speaks at an event in support of two ballot measures that would shore up funding for the state’s …

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