US Elections (& Politics) :)

[bigredfish]

California has a $68 BILLION budget deficit...


The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It
The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It | ZeroHedge

Wealth Tax Details

• The bill would impose an annual excise tax of 1.5% on the worldwide net worth of every full- and part-year California resident that exceeds $1 billion, starting this tax year.
• Come Jan. 1, 2026, the state would tax wealth that exceeds $50 million at a rate of 1% each year, with an additional 0.5% tax on assets valued at more than $1 billion.
• Part-time residents would be taxed on a pro rata share of their wealth based on the number of days they spend annually in California.
• The tax would also apply to nonresidents who have recently left the state.
• Democrats exempted real property from the tax as a favor to their high-end real-estate industry and Hollywood donors.
• To spread the wealth around to plaintiff-bar donors, the bill would apply the state’s False Claims Act to wealth-tax records and statements. This means plaintiff attorneys could sue affluent individuals on behalf of the state for allegedly under-reporting assets. Plaintiff attorneys would be entitled to a share of the state’s recovery.

Constitutionality
I highly doubt this is constitutional and I am certain that taxing people who don’t live in the state isn’t.
But no one gives a damn about such things anymore.
If this passes, there will be an accelerated exodus from the state. Won’t that be fun.

 

[Ssayer]

 

[Ssayer]

Still looking for verification on this, but unfortunately it is too believable...

 

[Ssayer]

Hunter Isn't the Coward, Republicans are for Not Arresting Him! | The Gateway Pundit | by Grant Stinchfield

It doesn’t take to much arrogance or boldness to show up at your own Contempt of Congress hearing when you know the media will protect you, Not to mention Republicans are well known for their weakness.

www.thegatewaypundit.com

 

[bigredfish]

Frankly the more you see the more you become aware that the GOP are simply Democrats in disguise.

Vote straight Dem, (or dont vote at all) and sit back and watch it burn down. (Just stock up on bourbon and ammunition before November!)

 

[Oceanslider]

Yes he did. Once they figured out their plan for J6.

 

[sdkid]

 

[wrapter]

Vivek just got a string of endorsements who switched support from Desantis to him in Iowa in less then 24hrs.

Also hitting the campaign trail with him are Candace Owens, Jake Paul boxer.

Also joining him is Scott Presler who is going to help shift voters from Blue to Red and he is the Vivek shortlist for RNC chair and is also praised by Trump.

Vivek will be doing a Townhall with Tim Pool tonight. Half of Tim Pool podcast co hosts have endorsed him already.

Meanwhile Crispy cream is said to be dropping out today.

 

[wrapter]

Left sending their climate plants, seen speaking yesterday with Forbes reporters before the event started.

 

[wrapter]

 

[tigerwillow1]

Vivek just got a string of endorsements who switched support from Desantis to him in Iowa in less then 24hrs.

My fantasy outcome is for Trump to come out clearly in front, Ramaswamy as a decent runner-up, and the rest of them way way back in the duct.

 

[David L]

"Some"? We need more than "some" of these spineless bastards to vote against this crap.

Some Republicans Threaten to Vote Against Government Funding Over Border Crisis

Some Republicans are threatening to vote against government funding under a tentative deal between Democrat and GOP leadership, citing lack of border security.

www.theepochtimes.com

Angry Mom

NYC students forced to go remote as city houses nearly 2K migrants at their school, and one mom goes off: ‘Does it feel good?’

“It’s a litmus test. They are using a storm, a legitimate situation, where they are testing this out. I guarantee you.”

nypost.com

 

[David L]

California has a $68 BILLION budget deficit...


The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It
The 'Hotel California' Wealth Tax Advances, You Cannot Leave To Escape It | ZeroHedge

Wealth Tax Details

• The bill would impose an annual excise tax of 1.5% on the worldwide net worth of every full- and part-year California resident that exceeds $1 billion, starting this tax year.
• Come Jan. 1, 2026, the state would tax wealth that exceeds $50 million at a rate of 1% each year, with an additional 0.5% tax on assets valued at more than $1 billion.
• Part-time residents would be taxed on a pro rata share of their wealth based on the number of days they spend annually in California.
• The tax would also apply to nonresidents who have recently left the state.
• Democrats exempted real property from the tax as a favor to their high-end real-estate industry and Hollywood donors.
• To spread the wealth around to plaintiff-bar donors, the bill would apply the state’s False Claims Act to wealth-tax records and statements. This means plaintiff attorneys could sue affluent individuals on behalf of the state for allegedly under-reporting assets. Plaintiff attorneys would be entitled to a share of the state’s recovery.

Constitutionality
I highly doubt this is constitutional and I am certain that taxing people who don’t live in the state isn’t.
But no one gives a damn about such things anymore.
If this passes, there will be an accelerated exodus from the state. Won’t that be fun.

Meanwhile Texas and Florida are way in the positive on their budgets and flourishing...

Go Woke, Go Broke!!!

 

[bigredfish]

This is a BAD idea. Other governments will seek to limit exposure to US $. Its outright theft regardless of whether its RussiaRussiaRussia or Zimbabwe. Would you park YOUR country's money in the US after that?


White House Backs Legislation To Seize Frozen Russian Assets For Ukraine Reconstruction
White House Backs Legislation To Seize Frozen Russian Assets For Ukraine Reconstruction | ZeroHedge

Until recently, Treasury Secretary Janet L. Yellen had argued that without action by Congress, seizing the funds was "not something that is legally permissible in the United States."
There has also been concern among some top American officials that nations around the world would hesitate to keep their funds at the New York Federal Reserve, or in dollars, if the United States established a precedent for seizing the money.

 

[bigredfish]

Boy now there's a country that has gone from prosperous to circling the drain of the toilet... something changed...hmmmm I cant put my finger on it...

Blinken Slams South Africa's Genocide Case Against Israel As 'Meritless' & 'Galling'
Blinken Slams South Africa's Genocide Case Against Israel As 'Meritless' & 'Galling' | ZeroHedge

 

[David L]

LOL

 

[David L]

 

[bigredfish]

Looks to be a coordinated land grab between the banks and the corrupt government.

Keep voting Democrat Hawaii …

 

[wrapter]

The guy who had his youtube channel removed that I posted a few posts back.

 

[wrapter]

This is a BAD idea. Other governments will seek to limit exposure to US $. Its outright theft regardless of whether its RussiaRussiaRussia or Zimbabwe. Would you park YOUR country's money in the US after that?

Countries will now accelerate dumping their US Treasury bonds. The De-Dollarization train has already left the station and it will pick up speed after this.