Search Results for: wealth tax – Page 3
Blog
Extra Time to File Doesn’t Mask Pain of California’s Huge State Tax Burden
California taxpayers – and all Americans were given a bit of breathing room this year when the IRS announced that this year’s tax deadline would be May 17th, instead of the usual April 15th. The extra month given us to pay and file our 2020 taxes doesn’t mean that Californians ...
Blog
Maybe It Won’t Be So Easy to Pass These Tax Hikes
Much of the political energy in Sacramento and Washington lately has focused on taxes. Speculation has focused on which taxes liberal politicians will raise, and by how much. While pundits are all but declaring it a fait accompli, two recent developments suggest it will be more difficult than first thought. ...
Business & Economics
National Interest Quotes Wayne Winegarden on Biden Tax Plan
Joe Biden’s Big Tax Plan: 98% of Americans Won’t Pay More By Rachel Bucchino President Joe Biden has made it clear that he’s going to raise taxes for the most wealthy Americans—specifically, those making more than $400,000—while also pledging that Americans earning less than that income threshold “won’t see one single penny ...
Blog
Would Massive Tax Hike “Actually Permanently End Homelessness”?
Sacramento might decide this year if it will hike corporate tax rates to raise up to $2.4 billion annually to fund homelessness programs. Would such an effort work? Not everyone is sold on it. First, some brief background. Assembly Bill 71, the Bring California Home Act, would increase tax rates, ...
Business & Economics
San Francisco’s ‘CEO tax’ is bad economics, but threatens to spread
San Francisco voters have told CEOs and their businesses to take a long walk off a short pier into the bay. Not in those exact words but in their own way, by overwhelmingly approving Proposition L. Under the Overpaid Executive Tax, passed by a 65-35 ratio, the city will impose ...
Blog
Prop. 19 Could Be a Huge Tax Increase for Middle Class Californians Inheriting Homes
Property taxes are a hot issue on the ballot in California this November. Most of the attention has centered around Prop. 15, which would impose a split roll property tax scheme in the state. Garnering less attention is Prop. 19, which has the potential to have a much bigger negative ...
Blog
Biden’s Tax Plan: Where It Hurts Californians the Most
Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here. But the state’s tax marauding politicians aren’t the only ones we should be worried about. Presidential candidate Joe Biden also wants Washington’s share of our wallet. Below are three proposed tax hikes that would be ...
Blog
Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich
When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Business & Economics
Wayne Winegarden Featured in Business Insider Article on Taxing Billionaires, COVID-19
Taxing billionaires would be a great way to fund the fight against coronavirus like AOC says — but only if the US government were drastically different By: Taylor Nicole Rogers, Business Insider The United States needs to find a way to cover the spiraling costs of coronavirus pandemic, but researchers ...
Business & Economics
Guaranteed income from the government isn’t the answer to closing the wealth gap
These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion. Many progressives are preaching about ...
Extra Time to File Doesn’t Mask Pain of California’s Huge State Tax Burden
California taxpayers – and all Americans were given a bit of breathing room this year when the IRS announced that this year’s tax deadline would be May 17th, instead of the usual April 15th. The extra month given us to pay and file our 2020 taxes doesn’t mean that Californians ...
Maybe It Won’t Be So Easy to Pass These Tax Hikes
Much of the political energy in Sacramento and Washington lately has focused on taxes. Speculation has focused on which taxes liberal politicians will raise, and by how much. While pundits are all but declaring it a fait accompli, two recent developments suggest it will be more difficult than first thought. ...
National Interest Quotes Wayne Winegarden on Biden Tax Plan
Joe Biden’s Big Tax Plan: 98% of Americans Won’t Pay More By Rachel Bucchino President Joe Biden has made it clear that he’s going to raise taxes for the most wealthy Americans—specifically, those making more than $400,000—while also pledging that Americans earning less than that income threshold “won’t see one single penny ...
Would Massive Tax Hike “Actually Permanently End Homelessness”?
Sacramento might decide this year if it will hike corporate tax rates to raise up to $2.4 billion annually to fund homelessness programs. Would such an effort work? Not everyone is sold on it. First, some brief background. Assembly Bill 71, the Bring California Home Act, would increase tax rates, ...
San Francisco’s ‘CEO tax’ is bad economics, but threatens to spread
San Francisco voters have told CEOs and their businesses to take a long walk off a short pier into the bay. Not in those exact words but in their own way, by overwhelmingly approving Proposition L. Under the Overpaid Executive Tax, passed by a 65-35 ratio, the city will impose ...
Prop. 19 Could Be a Huge Tax Increase for Middle Class Californians Inheriting Homes
Property taxes are a hot issue on the ballot in California this November. Most of the attention has centered around Prop. 15, which would impose a split roll property tax scheme in the state. Garnering less attention is Prop. 19, which has the potential to have a much bigger negative ...
Biden’s Tax Plan: Where It Hurts Californians the Most
Right by the Bay has been following Sacramento’s tax raising schemes here, here, and here. But the state’s tax marauding politicians aren’t the only ones we should be worried about. Presidential candidate Joe Biden also wants Washington’s share of our wallet. Below are three proposed tax hikes that would be ...
Next Tax Increases on the Docket: Two Proposed Tax Hikes on the Rich
When the 2020-21 state budget was enacted a few months back, I made the case that the majority party’s spending plan essentially sets the stage for an upcoming battle over tax increases. Back in 2011, former Gov. Jerry Brown pushed a budget plan that was heavily reliant on “trigger cuts,” ...
Wayne Winegarden Featured in Business Insider Article on Taxing Billionaires, COVID-19
Taxing billionaires would be a great way to fund the fight against coronavirus like AOC says — but only if the US government were drastically different By: Taylor Nicole Rogers, Business Insider The United States needs to find a way to cover the spiraling costs of coronavirus pandemic, but researchers ...
Guaranteed income from the government isn’t the answer to closing the wealth gap
These are incredibly tough times for Texas and all Americans. On top of the economic pain from months of shelter-in-place orders, the violence and unrest we’ve seen arising from the death of George Floyd has brought economic inequality to the top of the political discussion. Many progressives are preaching about ...
