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Sunday, January 29, 2023

However, the act proposes much more than dismantling the IRS, and the framework has been around for decades. In its current iteration, the Fair Tax Act would get rid of every type of current federal tax " including payroll, self-employment, estate, death and corporate taxes " and replace them with a nationwide 23% retail tax that happens at the checkout counter for new goods and services. read more


Friday, January 27, 2023

The mega-rich may not be able avoid California taxes by simply moving to Texas for much longer thanks to newly proposed legislation. read more


Monday, January 16, 2023

San Francisco's reparations committee has proposed paying each Black longtime resident $5 million and granting total debt forgiveness due to the decades of "systematic repression" faced by the local Black community. The San Francisco African American Reparations Advisory Committee, which advises the city on developing a plan for reparations for Black residents, released its draft report last month to address reparations " not for slavery, since California was not technically a slave state, but "to address the public policies explicitly created to subjugate Black people in San Francisco by upholding and expanding the intent and legacy of chattel slavery." "While neither San Francisco, nor California, formally adopted the institution of chattel slavery, the tenets of segregation, white supremacy and systematic repression and exclusion of Black people were codified through legal and extralegal actions, social codes, and judicial enforcement," the draft states. read more


Saturday, January 07, 2023

Holman W. Jenkins, Jr.: Moscow is in the process of demoting itself from putative great power to sick man of Eurasia. read more


Tuesday, January 03, 2023

Weather records have been falling across Europe at a disconcerting rate in the last few days, say meteorologists. read more


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