Search Results for: taxes

A New Bill In California Would “Double Taxes” In Order To Pay For A Statewide Single Payer Healthcare System


Are politicians in California actually trying to make the mass exodus out of their state even worse?  Even though Democrats currently have control of the White House, the Senate and the House of Representatives, it has become exceedingly clear that a national single payer healthcare system is not going to happen any time soon.  So apparently politicians in California have decided that they are going to try to implement one in just their state.  I realize that this sounds completely nuts, but it is actually true.  Earlier today, I was stunned when I came across the following tweet from California Legislator Kevin Kiley… (Read More...)

The UN Wants Complete Control Over The Internet And That Would Mean Unprecedented Censorship, Taxes And Surveillance

One of the fastest ways to ruin the Internet would be to put the United Nations in charge of it.  Unfortunately, that is exactly what the United Nations wants.  The United Nations is now pushing very hard for complete control over the Internet. A proposal that has the support of China, Russia, India, Brazil, Saudi Arabia and Iran would give control of the Internet to the UN’s International Telecommunication Union.  This is perhaps the greatest threat to the free and open Internet that we have seen yet.  At a UN conference in Dubai this upcoming December, representatives from 193 nations will debate this proposal.  The United States and many European nations are firmly against this proposal, but it is unclear whether they have the votes to stop it.  Unlike the Security Council, there are no vetoes when it comes to ITU proceedings.  So the United States may not be able to stop governance of the Internet from being handed over to the United Nations.  The United States could opt out of any new treaty, but that would result in a “balkanized” Internet.  If the UN gains control over the Internet, you can expect a whole new era of censorship, taxes, and surveillance.  It would be absolutely catastrophic for the free flow of commerce and information around the globe.  Unfortunately, many repressive regimes are very dissatisfied with how the Internet is currently working and they desperately want to be able to use the power of the UN to tax, regulate and censor the Internet.  Needless to say, that would be a disaster.  International control over the Internet would be a complete and total nightmare and it must be resisted. (Read More...)

The UN Plan For Running The World: Global Carbon Taxes, Global Safety Nets And A One World Green Economy

Did you know that the UN has a plan for running the world and it is right out in the open?  It is called “sustainable development”, but it is far more comprehensive than it sounds.  The truth is that the UN plan for running the world would dramatically alter nearly all forms of human activity.  A 204 page report on “sustainable development” entitled “Working Towards a Balanced and Inclusive Green Economy, A United Nations System-Wide Perspective” has been published in advance of the upcoming Rio + 20 United Nations Conference on Sustainable Development in Rio de Janeiro.  You can read the full report right here.  It envisions a vast system of global carbon taxes, massive global safety nets and the implementation of a one world green economy.  Many of those that are pushing “sustainable development” on a global level believe that they are doing it for the good of the planet.  In fact, the 204 page report mentioned above even says that the transition “to a green economy requires a fundamental shift in the way we think and act” but that it will be worth it in the end.  What people need to understand is that throughout modern history tyranny has almost always been initially introduced by people that believed that they had “good intentions”.  No matter how much friendly language the UN uses in their reports, the truth is that what they are promoting is an insidious agenda of absolute tyranny on a global scale. (Read More...)

10 Facts About Corporate Taxes That Will Make Your Blood Boil

As the rest of us fill out our federal tax returns this year, we can all take great comfort in the fact that many of the largest corporations in the United States are not paying any federal taxes at all.  Over the past couple of decades, multinational corporations have become incredibly skilled at avoiding taxes.  It has become routine for big companies to shift profitable operations to divisions in other countries where tax rates are lower.  It has also become routine for big companies to set up “sham headquarters” in tax havens around the world.  Many U.S. corporations have even renounced their status as American companies in order to avoid paying taxes.  All of this has had a dramatic impact on the income of the federal government.  Corporate taxes now account for less than 7 percent of all federal revenue.  Back in the 1950s they accounted for about 30 percent of all federal revenue.  Meanwhile, the 35 percent corporate tax rate in the United States is chasing companies (and the accompanying good jobs) out of the United States at a blinding pace.  In a world where big corporations will go to any lengths to “game the system”, this is absolutely devastating our economy. (Read More...)

Here They Come For Your Money – Dozens Of States Are Raising Taxes In 2011

You didn’t think that state governments would rack up all of this debt without eventually coming after your money, did you?  In 2011, dozens of U.S. states are either implementing tax increases that have already been passed or are debating new tax increases that have recently been proposed.  In most states, the actual state income tax is not being raised.  State politicians have learned that voters really tend to get angry when that happens.  Rather, our politicians on the state level are looking for taxes and fees that won’t be “noticed” that they can raise.  For example, cigarette taxes, alcohol taxes, gas taxes, carbonated beverage taxes and phone taxes get raised a lot because the voters do not pay them directly to the government and typically they do not get noticed as much.  Another huge area where state politicians love to raise money is through various “fees”.  For instance, millions of Americans have noticed that car registration fees and license fees have absolutely soared in recent years.  Instead of our politicians coming at us with one big, huge tax increase that we would surely notice, they are hitting us with dozens of smaller tax hikes and fee increases that they are hoping we will not get upset about.  The truth is that the average American pays literally dozens of different kinds of taxes each year, and it still isn’t nearly enough to cover the horrific debts that our politicians have piled up. (Read More...)

We Are Facing A Demographic Collapse Of Epic Proportions

Birth rates have plummeted to record lows all over the industrialized world, and this has very serious implications for our future.  If something is not done to reverse this, native populations will fall very rapidly in wealthy countries during the years ahead, and there won’t be nearly enough young workers to support the entitlement programs that the elderly are counting on.  Meanwhile, nations where birth rates are still above replacement level (such as in the Islamic world) will become more powerful and will play a more dominant role in world affairs.  Despite all of our advanced technology, population numbers still matter, and we really are facing a demographic collapse of epic proportions. (Read More...)

9 Signs That The U.S. Consumer Is About To Break

When the U.S. consumer is in healthy financial shape, the outlook for the U.S. economy is generally positive.  But just like we witnessed prior to the Great Recession of 2008 and 2009, when the U.S. consumer is not in healthy financial shape, bad things tend to happen.  Unfortunately, the numbers are telling us that current conditions are eerily similar to what we experienced during the run up to the Great Recession.  Households don’t have enough money coming in, debt levels are soaring, delinquency rates are rising, and tens of millions of us are just barely scraping by from month to month.  The following are 9 signs that the U.S. consumer is about to break… (Read More...)

What In The World Is Happening To California?


It has often been said that “as California goes, so goes the nation”.  If that is actually true, we are all in very big trouble.  Once upon a time, California was a spectacularly beautiful state with a booming economy.  In fact, decades ago I very seriously considered moving there.  But now “the California dream” has become “the California nightmare”, and there is no turning back.  The state is relentlessly plagued by crime, homelessness, drugs and other extremely severe social problems.  In recent years, the number of people moving out of the state has greatly exceeded the number of people moving into the state, and many of those that are leaving are relocating to red states such as Florida… (Read More...)