With both New York State and New York City facing budget surpluses in fiscal 2025, will residents stand up and demand tax cuts? Jonathan Ballan reports in The New York Sun: With New York facing unexpected city and state budget surpluses, the moment is ripe to consider something that hasn’t happened in the Empire State […]
New Global Tax System Puts American Companies in the Crosshairs
Adam N. Michel at the Cato Institute reports that the Organization for Economic Cooperation and Development (OECD) puts American companies squarely in the crosshairs with its new global tax scheme. Michel writes: In a landmark move, nearly 140 countries, including the Biden administration, have rallied behind a new global tax system spearheaded by the Organisation for Economic […]
A Radical New Effort to Tax Your IRA and 401(k) Savings
Americans know that Social Security is in trouble. But it’s not because Americans haven’t paid enough taxes; it’s because of wasteful spending in Washington, D.C. Despite that, researchers at Boston College have developed a radical proposal to tax IRA and 401(k) savings to fill the funding gap for Social Security. At the Cato Institute, Adam […]
It’s California vs. Florida in the Big State Debate
On Thursday, November 30, Fox News and the station’s primetime personality, Sean Hannity, will host a debate between California Governor Gavin Newsom and Florida Governor Ron DeSantis. Isabella Simonetti explains the debate in The Wall Street Journal, writing: They aren’t running against each other. Still, Ron DeSantis and Gavin Newsom will take their fiery feud to Fox News this […]
Can the Supreme Court Stop Wealth Taxes Before They Start?
You probably haven’t heard of Moore v. United States, a little-known case working its way through the courts that could have major implications for America’s savers and business owners. The case revolves around the government’s power to tax unrealized gains. These are gains on assets that an owner hasn’t locked in yet, and which could […]
SUPER STATE RISING? This State Is Doing All the Right Things
There are some states like New Hampshire, Florida, Texas, Wyoming, and Idaho that are consistently doing the right things for their citizens and ranking in the top tier of Your Survival Guy’s Super States. Then there are others who get it mostly right and some that, despite good intentions, seem to land in the middle […]
Pushing the Envelope Too Far
Why Not Put the Beast in a Cage? As the Left continues waging a full-fledged cultural revolution against traditional America, John Durham, special counsel, just issued his final report on wrongdoing with the FBI, CIA, and Department of Justice. Victor Davis Hanson reports in American Greatness that “the summary confirms that our premier investigatory and […]
The Golden Geese Are Leaving New York
In Taki’s Mag, Taki Theodoracopulos explains that in New York City (the Bagel, as he calls it), the Golden Geese (the city’s wealthy residents) are flying south because of exorbitant taxation and soaring crime. He writes: Uncharacteristically, the golden geese are fleeing south in April, and by that I mean the fat cats have fled […]
Hey, Where’s Everyone Going? Follow the Money Kid
If you want to know what’s going on in the world, just follow the money. That’s what I do. Take a look at the money exodus from states that treat residents like piggy banks. Remember, money travels to where it’s well treated. Just follow the money. Art Laffer and Stephen Moore, co-founders of the Committee […]
Welcome to Hotel California, Where You Can Never Leave
Leave it to California to sap the wealth from the successful. You can add New York, Illinois, Maryland, Hawaii, Minnesota, Connecticut, and Washington to the list too. You know from my Super States ranking where your money will be treated with more respect than it is by these money grabbers. I’ve never been a fan […]
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