As you can see in the map below, Americans are moving to where they’re treated well or at least better than they were. When states treat your savings and investments like their piggy bank, it’s time to look for a better America. Just follow the money. In my conversation with you this week, you told […]
Thanks to America’s Worst President
UPDATE 10.19.22: You have read for years on Richardcyoung.com that Woodrow Wilson was, and is, America’s worst president in history. Here Tom Woods and Michael Malice break down in a “Politically Incorrect Guide” style video, just how bad Woodrow Wilson was. Watch: Originally posted on August 16, 2022. The IRS is incompatible with a free […]
It’s Easy to See Where Americans Want to Be
You can tell from one look at the map below provided by the Tax Foundation where Americans want to be, and where they don’t want to be. Katherine Loughead writes for the Tax Foundation: The IRS data show that between 2019 and 2020, 28 states experienced a net gain in income tax filers from interstate […]
Will Massachusetts Choose Fiscal Sanity or Unlimited Taxation?
You have heard that the states are laboratories of freedom. In those laboratories, sometimes experiments go wrong. Massachusetts is about to decide whether or not it wants to experiment with unlimited taxation, after adhering for years to a flat tax system. The Editorial Board of The Wall Street Journal explains: New Englanders have long held […]
Why Your State Doesn’t Need an Income Tax
Your Survival Guy’s been the beneficiary of meeting Chris Edwards at various Cato events. He’s hitting it out of the park. Here’s yet another outstanding piece: State and local governments raised $1.9 trillion in taxes in 2020. The main sources were sales taxes (35 percent), property taxes (32 percent), and individual income taxes (23 percent). […]
FOLLOW THE MONEY: Wealthy Americans Fleeing High Tax States Faster than Others
If you want to know what’s going on in the world then follow the money, or, in this case, the moving vans. I’m always interested in the work Chris Edwards does at the Cato Institute, and this is no exception. Edwards writes: My new op‐ed in the Examiner looks at the interstate migration of top‐earning households. I argue that […]
The Highest Property Taxes in America
I didn’t want to open this one for a second because I knew NH would be up near the top of the list. But look at Illinois or New Jersey. Not only do they have high property taxes but residents are also paying income and sales taxes at some of the highest rates in the […]
The IRS’s Hassle Tax: Spend More on Compliance
A Tax Code at War with Growth and Efficiency Is destroying productivity a cure for inflation? Washington is giddy with anticipation over Joe Biden’s climate change and health care bill. According to James Freeman in the WSJ, our Washington lawmakers can’t wait for the impending shift from the productive economy to the political economy. Alan […]
The Higher Taxes, Bigger IRS, and More Inflation Act of 2022
Joe Biden, 2020: “Nobody making under 400,000 bucks would have their taxes raised, period. Bingo!” False Advertising Newt Gingrich in Newsweek: In the business world, this title would lead to a lawsuit over false advertising… An accurate title of the bill would be the “Higher Taxes, Bigger IRS, and More Inflation Act of 2022. According to […]
SCHUMER 2008, MANCHIN 2010: “Don’t Raise Taxes in a Recession”
Do you remember when Democrats were against raising taxes during a recession? Maybe that’s why the Biden administration has been so adamantly opposed to admitting that the country is at risk of a recession. Based Politics reports on the past statement of Schumer and Manchin, writing: 2. Chuck Schumer The Senate Majority Leader is throwing […]
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