Independent thinking for complex markets and current events
U.S.-Iran war ‘tax’ begins to hit American businesses and consumers Nick Friedman, co-founder of Tampa-based College Hunks Hauling Junk and Moving, says his business has been facing multiple headwinds. High mortgage rates have dampened the real estate market, while rising insurance premiums are eating into operating costs. Now there’s the U.S.-Iran war and a surge …
Two hundred and fifty years after we told Britain they could not tax Americans without representation, several European nations have decided that “taxation without representation” is a good idea again. So far, they are getting away with $3 billion a year. President Trump cannot let this go on. These foreign governments have designed a Digital Services …
Kari McCaw was flying with co-workers to attend a conference in Las Vegas last month when Southwest Airlines employees stopped her at the ticket counter. The agents’ message was clear — either buy a second seat for herself or don’t fly. McCaw is not alone in her experience. In January, Southwest’s popular “customer of size” …
He proposes taxes as high as 50% on amounts over the $750k. Side note: the average value of a home in NYC is nearly $800k. Another day, another blue state scandal. It’s all so disgusting and tedious. Source: NYC spends more per homeless person than the median NYC household earns. $81,705 per person in FY2025. And $81,705 …
🚨NYC Mayor socialist Zohran Mamdani has proposed lowering the exemption on the death tax (estate tax) from $7.1 million down to only $750,000. He would also increase the death tax from 16% to 50%. No other jurisdiction in the USA confiscates wealth at death from people with… pic.twitter.com/FMEXCxFyVG — Wall Street Mav (@WallStreetMav) March 13, …
He literally ran on 'tax the rich, NOT you', now his 'last resort' is a 9.5% property tax hike hitting over 3 million regular NYC homeowners & renters to plug a $5.4B hole. the bill always lands on the middle class. pic.twitter.com/csS7ECi3Z7 — Bil@l Ahm@d (@bili_butcher) February 20, 2026
Source: Fox Business pic.twitter.com/D2DmbPiYt9 — Remarks (@remarks) February 11, 2026 Page, Brin, Ellison, Thiel, Sacks — and now, Zuckerberg. Meta CEO Mark Zuckerberg is the latest California billionaire heading for Florida, snapping up a massive waterfront mansion in Miami’s exclusive “Billionaire Bunker,” as Golden State lawmakers push a proposed 5% tax on the ultra-wealthy. Zuckerberg …
Gov. Gavin Newsom said he was working behind the scenes to block a proposed tax on billionaires’ wealth and was committed to defeating the measure if it reached the ballot. Gov. Gavin Newsom vowed on Monday to stop a proposed wealth tax in California, saying that its mere introduction had already hurt the state by …
France is staring at a fiscal standoff that feels less like governance and more like extortion. Prime Minister Gabriel Attal has been told he cannot pass a budget or even remain in office without Socialist backing. Their price is blunt: a new “Zucman tax,” two percent annually on assets above one hundred million euros Reuters. …
Gold is telling us that the USA will not pay its debts via taxation. It will pay them via the printing press. $8T of foreign held bonds needs to find an exit… https://t.co/Ozp6uopO8N — Kevin Bambrough (@BambroughKevin) April 16, 2025 The U.S. could risk default on its $36.6 trillion debt as early as August unless …
FreeTaxUSA lures you in with a promise: free federal and state tax filing if your adjusted gross income is under $48,000. But there’s a quiet trick built into the system. That free state filing? It’s only available through a special corner of the website called the “Free File” portal—a hidden path that requires a separate …
You can’t make this up. Another day, another left-wing dark money operation trying to manufacture outrage against Trump and House Republicans. Chanting "tax the rich" at a town hall in Nebraska is a great way to show that pushback isn't organic. And what do you know – "More Perfect Union," who helped organize this turnout, …
He’s not just saying Ukraine won’t repay its $500 billion debt—he’s outright dismissing even the $100 billion given as a “grant.” This is exactly why Americans are fed up with endless foreign aid. No accountability. No repayment. Just an open checkbook while our own economy struggles. Meanwhile, Biden apparently agreed to this giveaway, leaving taxpayers …
by Michael Most Americans don’t know that for much of U.S. history there was no federal income tax and there was no central bank. But now everyone assumes that we must have a federal income tax and a central bank in order to have a functioning society. Today, there are just a handful of nations …
Elon Musk says he and the President will be discussing a “DOGE dividend,” which will be a tax refund sent to EVERY taxpayer This would be funded exclusively with a portion of total savings delivered by DOGE. Looks like hard working taxpayers will receive a refund for much of the money stolen from us by …
Property owners are going to want accountability.
ALBUQUERQUE, N.M. (KRQE) – For the first time ever, Albuquerque could be offering cash to low-income families. To start, the initiative would benefit those in the international district and southwest Albuquerque. The city could be following other cities across the country in providing “guaranteed income” to low-income families and the funding would come from cannabis …
https://twitter.com/1984_is_today/status/1889629849976762540
Tax cuts are great! Everybody loves them, and pretty much nobody votes for a candidate who promises higher taxes. But tax cuts aren’t free – the government still needs to replace the revenue lost when taxes fall. Today, we realistically assess whether the nation can afford the Trump Tax Cuts… By Peter Reagan There are two …
It includes: 1. No tax on tips. 2. No tax on senior’s Social Security. 3. No tax on overtime pay. 4. Renewing Trump’s 2017 tax cuts. 5. Adjusting state and local tax (SALT) cap. 6. Eliminating special tax breaks for “billionaire sports team owners.” 7. Closing the carried interest loophole. 8. Tax cuts for “Made …
from Reddit: Why YSK: TurboTax has been scamming the American public for years, including me. They overcharge for basic tax filing services and pressure users to pay when they don’t need to. They utilize dark patterns in their software and lobby to stop the IRS from building its own public filing system for citizens to …
It appears he legitimately is attempting to do so. He’s going to face extreme resistance from Congress but, let’s hope for the best. pic.twitter.com/yp4oZ6iY6f — Dominic Michael Tripi (@DMichaelTripi) January 22, 2025 The prospect of abolishing the federal income tax carries a sense of bold possibility. It envisions a simpler system, freeing millions from the …
HMM: Egypt Prepares for Military Confrontation with Israel. Despite facing substantial economic hardships, Egypt is in the midst of significant military spending. The Israeli defense establishment identifies military activity in central Sinai, including logistical preparations and the construction of cement obstacles aimed at blocking Israeli armored vehicles. Political officials in Jerusalem have voiced concern over …
by Martin Armstrong Washington state Democrats accidentally leaked a document entitled “2025 Revenue Options” describing how they plan to hunt down citizens for additional taxes. An email containing the document and an accompanying PowerPoint presentation was sent to everyone in the Senate and entail exactly how they will wordsmith their way into extorting the people. “Do say: …
Hence, I think this will happen. Which explains SOME of the need for Greenland as well to cover the flank of the new expanded USA. BREAKING: Kevin O'Leary is headed to Mar-a-Lago to discuss Canada's annexation! "At least half of Canadians are interested. I'm gonna go to Mar-a-Lago and convince Trump myself."pic.twitter.com/I9chps5PdT — Gunther Eagleman™ …
Was looking through 2024 capital gains taxes: Capital gains tax Capital Gains Rate Single Taxable Income 0% Up to $48,350 15% $48,351 to $533,400 20% Over $533,400 h/t WarmFormal9881
Thats US tax dollars hard at work — Satoshi Slacker (@akyoung8) December 10, 2024
It’s like hearing from a judge you were going to get life but instead we only gave you 60 years. — Brent Matseas (@matseasbrent2) November 18, 2024 See also baseline budgeting, where a spending increase less than a default is considered a cut. h/t Peter Hanely
Democrat Chicago mayor wants to push ‘mansion tax’ on homes that sell for more than $1 million – and his team want to tax households earning $100K or more in report named ‘First We Get the Money’ Newly appointed Chicago mayor Brandon Johnson is looking to implement a tax on the sales of homes worth more …
by Chris Black Meanwhile, the Republicans continue to refuse to call for the IRS to be abolished, even whilst it is obviously unconstitutional. IRS will stop showing up at homes unannounced in effort to protect agents, combat scammers https://t.co/d9oDgDP9Ms pic.twitter.com/PZkatuxhMS — New York Post (@nypost) July 24, 2023 Have you seen these photos of the …