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Keyword: tax

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  • Idaho Proposition 1 Would Force Taxpayers to Fund Abortions

    11/01/2026 11:19:40 PM PST · by Morgana · 10 replies
    life news ^ | Oct 30, 2026 | | Quinn Delamater |
    An initiative on Idaho’s ballot this November would make it legal for a child to be killed at eight months’ gestation. President of Idaho Family Policy Center Blaine Conzatti believes this is too extreme for the historically red state. If passed, Idaho Proposition 1, the Reproductive Freedom and Privacy Act Initiative, would allow any woman to “make personal decisions about reproductive healthcare that directly impacts the person’s own body,” which is a euphemism for destroying her pregnancy. Experts say it’s also the most extreme pro-abortion ballot initiative or constitutional amendment in any state this election cycle. “We have two laws...
  • Italy Budget Bill Proposes 26% Exit Tax on Residents Leaving With €800,000 or More

    11/01/2026 3:59:59 PM PST · by delta7 · 37 replies
    IMI ^ | 31 Oct 26 | Ahmad Abbas
    The unannounced measure would tax unsold gains from 2027, and anyone who wants to defer must pay half the bill up front. Wealthy residents who leave Italy from 2027 could owe a 26% tax on gains they have not yet cashed in, under the government’s draft budget. Article 17 of the bill, which the government sent to the Chamber of Deputies on October 30, would apply the tax to individuals who move their tax residence abroad with assets and rights worth at least €800,000 (approximately US$894,000). The measure would cover transfers of tax residence that take effect from January 1,...
  • Denver Post editorial board endorses ‘no’ on Amendment 87

    10/16/2026 2:45:44 PM PDT · by george76 · 6 replies
    Complete Colorado ^ | October 14, 2026 | Mike Krause
    The Denver Post’s editorial board has come out against Amendment 87, the proposed graduated income tax ballot measure. In an Oct. 11 editorial, the board argued that extracting $2.7 billion in a single year from the state’s largest businesses would “do more harm than good.” While the board took exception to some opponents’ claims, such as the measure’s impact on businesses under $500,000 in taxable profit and on deductions for seniors and veterans, it concluded that the risk to Colorado’s largest employers outweighs the benefits. Citing conversations with Gov. Jared Polis and Denver Metro Chamber of Commerce president J.J. Ament,...
  • San Francisco Dems Overwhelmingly Reject Billionaire Tax

    08/28/2026 9:38:24 PM PDT · by SeekAndFind · 32 replies
    Hotair ^ | 08/28/2026 | John Sexton
    Earlier this month the California Democrat Party held a vote to endorse the California billionaire tax which is on the ballot in November. As I described here, it was a surprisingly close vote which failed when it first came up and barely passed on a second attempt.The pitched and often emotional vote over Proposition 40 exposed deep fissures in the state party over how to respond to growing grassroots anger over wealth inequality. And the endorsement, which narrowly failed to clear the 60% threshold on its first vote, only occurred after two delegates switched sides on a subsequent round. Delegates...
  • Tax the Poor

    08/15/2026 6:48:20 AM PDT · by SeekAndFind · 14 replies
    The Spectator ^ | 08/14/26 | Lionel Shriver
    A sanctimonious liberal like any other respectable 16-year-old, I made a seminal lurch to the right the first time I opened a pay slip. I was manning the register weekends for the Ice Capades Chalet in Atlanta and made about $40 a week. Or so I imagined. Then where the hell was it? The significantly lighter payment was my rude introduction to taxation at source. Indignation at being fleeced at a minimal income persisted into my adulthood. I lived on a wing and a prayer for decades, and having to pitch anything whatsoever in the communal pot was consternating. I...
  • Judge temporarily blocks rollout of Mayor Mamdani’s NYC pied-à-terre tax

    08/10/2026 2:15:09 PM PDT · by SeekAndFind · 42 replies
    CNN ^ | 08/10/26 | Katherine Koretski
    Staten Island judge on Monday temporarily blocked New York City’s rollout of Mayor Zohran Mamdani’s pied-à-terre tax, pausing enforcement while a lawsuit brought by a group of homeowners moves forward. Under the temporary restraining order, the city must take down the public tax roll and is barred from issuing any additional notices while the order is in effect. The next hearing is set for 2:15 p.m. August 31. The judge said from the bench that the notices caused irreparable harm because they did not explain why recipients had been flagged for the surcharge and warned that homeowners who failed to...
  • Leftist Mamdani Supporters Scream 'I Didn't Think You Would Do This to Me!'

    08/04/2026 10:12:25 AM PDT · by SeekAndFind · 69 replies
    Hotair ^ | 08/04/2026 | David Strom
    Scott Galloway is a marketing professor at NYU and was a big supporter of Zohran Mamdani. Because of course he was. All the Best™ people were, because Zohran is so dreamy and wants the best for everybody, unlike the meanies. He was also a big supporter of the pied-à-terre tax, which imposed a substantial annual fee on valuable "second homes" in New York City. You know the ones that gazillionaires have because they are super wealthy and don't care about the homeless and struggling people in New York City. They need to pay their fair share. NYC Mayor Zohran Mamdani...
  • At Least 88 Profitable U.S. Corporations Paid Zero Federal Income Tax in 2025

    07/31/2026 10:48:47 AM PDT · by Ahithophel · 90 replies
    Institute on Taxation and Economic Policy ^ | April 14, 2026 | Matthew Gardner, Spandan Marasini
    At least 88 of the largest corporations in America paid no federal corporate income taxes in their most recent fiscal year despite enjoying substantial pretax profits in the U.S. While the biggest U.S. corporations have avoided taxes in this way for decades, it appears that corporate tax avoidance has increased in the most recent year. This is at least in part due to two separate packages of corporate tax cuts pushed through by the Trump administration: last year’s “One Big Beautiful Bill Act” and the 2017 Tax Cuts and Jobs Act (TCJA). These tax-avoiding corporations represent a variety of industries...
  • Florida Tax Holiday Includes Guns, Ammo, Suppressors & Firearm Accessories

    06/09/2026 4:12:36 AM PDT · by marktwain · 6 replies
    AmmoLand ^ | June 5, 2026 | Dean Weingarten
    The Florida Legislature has passed a bill including tax holidays for firearms accessories, and hunting, fishing, and camping supplies. Firearms silencers/suppressors are included as firearms accessories. If Governor DeSantis signs the bill, most of the act will take effect on July 1, 2026. The sales tax holiday for firearms, ammunition, and listed firearm accessories would run from September 1 through December 31, 2026.The Florida Legislature passed HB 7031E, as amended by the Conference Committee Report, YEAS 29 to NAYS 6, on May 29, 2026. The bill passed the House a couple of hours earlier, 88 YEAS to 11 NAYS. The...
  • HISTORY LESSON ON YOUR SOCIAL SECURITY CARD

    06/01/2026 4:02:44 AM PDT · by JayGalt · 38 replies
    X ^ | 6/1/2026 | Old Salty Marine @BamaSaltyMarine
    HISTORY LESSON ON YOUR SOCIAL SECURITY CARD: Just in case some of you young whippersnappers (& some older ones) didn’t know this. It’s easy to check out, if you don’t believe it. Be sure and show it to your family and friends. They need a little history lesson on what’s what and it doesn’t matter whether you are Democrat or Republican. Facts are FACTS. Up until the 1980's, Social Security cards expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to...
  • New York passes Mamdani’s "pied-a-terre" tax. Here’s who pays and how much

    05/29/2026 6:22:27 PM PDT · by SeekAndFind · 47 replies
    CNBC ^ | 05/29/2026 | Robert Frank
    Key PointsState lawmakers passed a tax on nonprimary residences in New York City in order to help close the city's budget gap.The so-called pied-a-terre tax will be imposed on second homes valued at $1 million or more and will take effect in two different phases. Billionaire and Citadel CEO Ken Griffin became the face of the tax after New York City Mayor Zohran Mamdani posted a video in front of Griffin's penthouse apartment announcing the tax.New York City's new tax on second homes will more than double property taxes owed by many wealthy luxury apartment owners, according to tax experts.State...
  • Newsom vows 100 percent tax on DOJ ‘Anti-Weaponization Fund’ payouts

    05/28/2026 12:04:07 PM PDT · by Beowulf9 · 31 replies
    https://www.politico.com ^ | May 27 2026 | Tyler Katzenberger and Nick Reisman
    SACRAMENTO, California — Gavin Newsom vowed Wednesday to tax any payouts that California residents receive from a $1.776 billion “anti-weaponization” fund that Donald Trump secured in a settlement with his own Justice Department, as Democratic lawmakers in states across the country ramp up efforts to counter the president on the measure.
  • NY lawmakers debate $250K gift for Taylor Swift, Travis Kelce’s wedding

    05/19/2026 2:36:43 PM PDT · by Libloather · 28 replies
    NY Post ^ | 5/19/26 | Carl Campanile
    New York lawmakers are debating whether to offer a sweet taxpayer-funded wedding gift to Taylor Swift and Travis Kelce, The Post has learned. State Assembly Democrats on Tuesday discussed adding a $250,000 item in New York’s overdue budget to provide security for the Swift-Kelce nuptials, which will take place in the Big Apple on July 3. But an Assembly insider said the funding — sure to be politically controversial — was then pulled from the agenda. Discussions centered on whether to use state troopers to provide security for the wealthy, celebrity power couple, who can afford to pay for their...
  • Let the Howling Begin: Congress Proposing $130/Yr EV Highway Fee

    05/18/2026 9:37:33 PM PDT · by SeekAndFind · 41 replies
    Hotair ^ | 05/18/2026 | Beege Welborn
    WEEEEE!Oh, muh gosh, this is going to be so much fun, I can hardly stand the thought.What I especially love about the whole concept is being able to turn the progressive mantra about 'paying your fair share' right on its ear and right back at them. blockquote>Electric car owners could be forced to pay as much as $150 annually under a new tax that is being proposed by bipartisan leaders of the U.S. House Transportation and Infrastructure Committee.A new proposed EV fee that will start at $135 annually beginning in October 2026 is included in a new bipartisan draft of...
  • New York Lawmakers Planning First-Of-Its-Kind Tax On $1 Million Homes Purchased With Cash, Report Says

    05/14/2026 8:56:32 PM PDT · by SeekAndFind · 33 replies
    Forbes ^ | 05/14/2026 | Antonio Pequeño
    Key FactsNew York lawmakers are planning the tax, Bloomberg reported, citing unnamed people familiar with the state budget negotiations who noted the proposal would be levied at 1% of the buying price and be paid by buyers. The legislators are also considering expanding the tax to $1 million or more cash purchases in the state that would incorporate the suburbs and upstate New York, Bloomberg added. The tax in New York City alone could generate up to $160 million, according to the unnamed sources Bloomberg cited. A spokesperson for Gov. Kathy Hochul, D-N.Y., told Bloomberg she “announced a general agreement...
  • Fifth Circuit Home Distillery Opinion Could Strengthen NFA Challenges

    04/15/2026 4:30:05 AM PDT · by marktwain · 9 replies
    AmmoLand ^ | April 13, 2026 | Dean Weingarten
    On April 10, 2026, a three-judge panel of the Fifth Circuit issued its opinion in Morris v. DOJ, reinforcing a longstanding constitutional limit on Congress’s taxing power: it may impose taxes that raise revenue, but it cannot simply prohibit conduct under the guise of taxation.The reasoning and precedents cited in Morris could bolster challenges to the constitutionality of the NFA’s registration scheme for suppressors, SBRs, SBSs, and AOWs now that the making and transfer tax on those items has been reduced to zero.The case in the Fifth Circuit is Morris v. DOJ. It concerns the federal ban on home distilleries,...
  • Owners keep thousands of San Diego homes vacant despite high rents. They could soon be taxed

    04/08/2026 7:15:20 AM PDT · by devane617 · 76 replies
    LATimes ^ | 04/08/2026
    San Diego is one of the nation’s hottest housing markets, with average home prices hovering around $1 million and rents for a one-bedroom apartment topping $2,000 a month. Yet city officials estimate that more than 5,000 properties sit empty most of the year, which some advocates argue worsens the city’s housing shortage and affordability crisis. So California’s second-largest city is set to take dramatic action. In a few weeks, San Diego voters will decide whether to become the latest California municipality to tax vacant homes
  • Bernie Sanders’ billionaire tax would soak about 900 people to fund $3,000 checks for the middle class

    03/20/2026 9:58:02 PM PDT · by SeekAndFind · 41 replies
    Fortune ^ | 03/04/2026 | Jake Angelo
    Imagine a small concert venue, hosting 900 people, give or take. That’s about the number of passengers and crew on a small cruise ship, or of students attending the average U.S. public high school. A group that size collectively holds more wealth than the bottom half of the country combined, because that’s roughly how many billionaires live in the U.S. But a new bill is asking the people in that hypothetical cruise ship, concert venue, or high school to chip in, and to bankroll multi-thousand-dollar checks for millions of middle-class Americans. Sen. Bernie Sanders and Rep. Ro Khanna introduced the...
  • Hunter Biden pleads guilty to all 9 charges in tax evasion case before trial in Los Angeles

    03/13/2026 9:01:24 AM PDT · by Robert DeLong · 38 replies
    CBS ^ | September 5, 2024
    Us Hunter Biden now the sacrifiacl lamb for the Democrats to use?
  • Washington State Dems Pass 'Millionaire' Tax and Business Icon Says Hmmm, Florida Sure Looks Good Right Now

    03/11/2026 7:25:36 PM PDT · by SeekAndFind · 39 replies
    PJ Media ^ | 03/11/2026 | Victoria Taft
    Washington state Democrats are magicians! In the time it takes to say abracadabra, they made millions upon millions of dollars disappear just like that!As if it weren’t bad enough that Seattle is under the reign of a communist mayor, statewide radical Democrats passed a bill masquerading as a “millionaire tax,” ushering in the state’s first-ever income tax.As I reported in a recent West Coast, Messed Coast™ report, this "millionaire tax" was always going to change — POOF! — into a thousandaire income tax, and the Washington Policy Center has the email receipts. But now, as night follows day, as thunder...