All posts tagged with tax increase
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-(Natural News) Lawmakers in California are looking to DOUBLE the income tax to implement a universal health insurance system. A staggering 18 percent income tax is being proposed to help cover the high cost of this forced sick care system. That’s not all. To put this Big Pharma racketeering system permanently in place, lawmakers are […]
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-(Natural News) In 1913, when enough states ratified the 16th Amendment, the federal government began collecting an income tax on the country’s wealthiest Americans as a means of financing, moving away from the primary source of revenue at the time, tariffs. The very first income tax was levied in 1861 in order to finance the […]
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-(Natural News) Democrats are proposing an almost $3 trillion increase in taxes on small businesses and working families. This is the largest tax increase since 1968 in terms of the size of the economy, and the largest tax increase ever in nominal dollars. The total slate of proposed tax increases is still in its preliminary […]
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-(Natural News) The state of New York is already one of the most expensive places to live in the United States, and that’s especially true for its major hub, New York City. According to most high-tax ranking charges, New York falls within the top three most expensive states, aligning with California and Illinois. The biggest […]
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-(Natural News) Wherever it has been tried, true socialism as an economic model has been a resounding failure in literally every case, as evidenced in places like Venezuela and Cuba, the latter of which has elements of communism thrown in for good measure. And yet, it is a model that leaders around the world continue […]
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-(Natural News) Left-wing progressives can’t stand spending a single taxpayer dollar on national defense as evidenced by the way they constantly complain about the Pentagon’s budget. But they have no problem spending taxpayer dollars to defend people who have no legal right to be in our country. As such, there is no clamor or outrage […]
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-(Natural News) They say desperate times call for desperate measures, but oftentimes being desperate leads to incredibly bad decisions. And the Democrat-controlled Illinois Legislature just made one. On Thursday the legislature finally passed a budget — its first since 2015 — by overriding Republican Gov. Bruce Rauner’s veto. The governor’s big hang-up with it? The […]
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