Independent thinking for complex markets and current events
Foreign aid is important. But not as important as help for Americans — that should be the top priority — Matt McCann (@mccannltc) December 13, 2024
I thought that pretty much everyone including myself, hates paying property taxes and I was surprised to hear that North Dakota had it on their ballot this year to completely abolish property taxes in the state. However, one of my viewers who lives there, wrote me an email explaining why he decided it was a …
Over 800 Internal Revenue Service employees still owe millions in back taxes despite heavy criticism from Sen. Joni Ernst (R-IA), who is hoping the level of tax waste will be squashed by billionaire Elon Musk, the newly tapped co-leader of the Department of Government Efficiency. In a letter to the Iowa senator sent on Nov. …
Many Americans are tired of paying property taxes, especially with the egregious increases seen over the past few years. This is literally taxation of unrealized gains in its purest form, and people are starting to vote against it.
Sell house now or hold and wait to see if market improves We bought our house 2 years ago and our monthly payment was 4,500 (3,600 mortgage 900 escrow) a year later our monthly payment is 5,200 (3,600 mortgage 1,600 escrow). We had no idea we would see that kind of increase so quickly. We …
I have been saying on my channel for years now that property taxes, especially the giant increases. People have been receiving over the past several years are a huge scam. Well, it turns out I’m not alone and somebody out there has uncovered the truth. His name is Mitch Vexler and he has a solution …
If you think the U.S. tax system is complicated, you’re not alone. Scott Galloway, professor of marketing at NYU Stern School of Business, believes the complications are the result of various loopholes designed to help wealthy people. “The tax code has gone from 400 pages to 4,000, and that extra 3600 pages are to turn …
Holy crap. NO TAXES ON OVERTIME! pic.twitter.com/JCm0Ry80Km — BroncoNation (@Bronconation_80) September 12, 2024
I am asking…nay, begging all of you to learn how taxes are introduced. They start with the rich, and eventually work their way to you. https://t.co/PTY2OFAsiz pic.twitter.com/TGCo6jlu1N — Spike Cohen (@RealSpikeCohen) August 30, 2024
The tax has brought in $800 million more than the state expected. The state of Massachusetts passed a 4% tax hike on residents making over a million a year in 2022, which took effect in 2023. The tax has raised more revenue than lawmakers originally expected and provides free school lunches for the state’s children. …
They're robbing you blind and most don't even realize it Then when you feel happy about your home value going up… you get to pay more taxes on that too — TheWealthCoach (@indexnforgetit) July 23, 2024 It's really sad that so many people in the USA 🇺🇸 actually believe the mainstream media propaganda ☠️ If …
According to a recent report, interest payments on the U.S. national debt are projected to reach $1.14 trillion this year, which would consume approximately 76% of all personal income taxes collected. This significant increase in interest payments is attributed to rising interest rates and the growing national debt. BREAKING: Interest Payments on U.S. National Debt Will Shatter …
Higher Taxes: Labour plans to raise taxes on North Sea oil and gas producers. Specifically, they intend to increase the existing windfall taxes from the current 75% to 78%. This move aims to fund their ‘green prosperity plan’, which includes investments in renewables through a state-owned vehicle called Great British Energy. Ban on New Licenses: Labour has pledged …
Biden: "the wealthy should pay more to keep social security solvent" Social Security is underfunded by $175 trillion. The "wealthy" will need to pay 7x US GDP in taxes to keep it solvent — zerohedge (@zerohedge) June 28, 2024 According to the latest U.S. Treasury Department report, these programs are underfunded by a staggering $175 …
Amazon founder Jeff Bezos has filed a notice with the U.S. Securities and Exchange Commission to sell 25 million of the company’s shares currently worth about $5 billion. In November, the word’s second richest man announced he was leaving Seattle after nearly 30 years of living in the area to move to Miami, Fla. That …
by confoundedinterest17 In politics, it is usually discussed whether you are better off today than 4 years ago. Well, not if you are a renter or need to buy a home with mortgage financing. If you are a homeowner, you are better off in terms of home equty. With the Case-Shiller National home price index …
The McDonald’s at San Francisco’s Stonestown Galleria has closed its doors after 30 years in business. The franchisee owner, Scott Roderick, cited two main reasons for the closure: Rent and Property Taxes: The landlord was unwilling to negotiate a long-term and sensible rent for the Stonestown location. Additionally, the property taxes and shared tenant mall fees were the highest paid for …
BREAKING: Arkansas Governor Sarah Huckabee Sanders has signed a law drastically reducing property & income taxes, and plans to get rid of the income tax altogether soon This is her third tax cut as governor and has done so without cutting any agencies, foolproof that government… pic.twitter.com/P1kmnaUisz — George (@BehizyTweets) June 21, 2024 Arkansas Gov. …
Massachusetts faces the risk of losing nearly $1 billion in annual tax revenue by 2030 due to high taxes and housing costs driving wealthy residents to relocate. The pandemic accelerated migration out of Massachusetts to other U.S. states, facilitated by the rise of remote work, making it feasible for people to live farther from their offices. According to a study …
No matter who’s in the White House, the federal government is facing a reckoning. Here’s why “business as usual” is over… From Peter Reagan for Birch Gold Group We already know that Bidenomics hasn’t helped American families in their economic struggles. Persistent inflation and higher taxes have already taken their toll on family budgets. Back in …
Illinois Senate advances largest spending plan in state history to House. In fiscal year 2019, the state spent around $36.4 billion in state taxpayer funds. The proposed plan for fiscal year 2025 that begins July 1 is more than $53 billion. Considering total taxpayer spending, including federal passthrough dollars, in fiscal 2019 taxpayers spent $71.8 …
Kurt claims that over the last couple of years, his annual property taxes have soared from $895 to almost $8,000 — an increase of around 790% — which he says is like paying almost “$700 a month rent to the state to live in our own house.” The state has an Elderly Homeowner/Renter Tax Credit, …
With elevated home prices these days, buying a house can be a significant challenge. But for “Rich Dad Poor Dad” author Robert Kiyosaki, it’s a breeze. During an interview with personal finance YouTuber Sharan Hegde, Kiyosaki revealed a staggering fact about his real estate portfolio. “I own 15,000 houses,” he stated. Hegde asked if Kiyosaki rents …
Can’t collect social security that he paid into!! Gotta read this heart wrenching story. This poor man. A 66-year-old Florida man gearing up for retirement was stunned to discover he’s not a US citizen when applying for Social Security payments, despite having lived in America since he was a toddler and voting in numerous federal …
by confoundedinterest17 I doubt if Biden really understands what he is saying. He simply reads (badly) off a teleprompter. Biden has repeatedly claimed that no new taxes on anyone making less than $400,000. Remember, he has repeatedly said “You have my word as a Biden.” Which is worthless, by the way. There are TWO taxes that …
A 68-year-old American on Social Security shares their struggle with skyrocketing property taxes, which have risen from $895 to nearly $8,000 annually. Working tirelessly to cover these taxes, they express frustration at being unable to afford the home they’ve owned since 1995, highlighting the plight of many unable to afford to live in the places …
by HarmoniousLight Yeah so what’s up with that? “Hurr durr we need wealth tax! We need a gooning tax! We need a breathing tax!” The government brings in $2 trillion a year already. Where is that shit going? And you want to give them MORE money? Does the government need more money or do they …
Cenk Uygur and Dave Smith on a tax rebellion if US troops are sent to war:@cenkuygur: There’s not a single American troop that's going to go to the Middle East to die for Netanyahu. Not one. If you try to send one of our guys into the Middle East, we’re going to stop paying… pic.twitter.com/XLNrQVgBW2 …
