California’s proposed wealth tax, Bill 2028, would apply for a decade to anyone who spends 60 days in the state in a single year.
Here are the details.
A 0.4% tax on residents with a worldwide net worth in excess of $30,000,000 ($15,000,000 for a married taxpayer filing separately).
The proposed tax would apply to residents, part-year residents, and temporary residents.
Temporary residents are defined as those who stay in the state more than 60 days during the calendar year. For part-year and temporary residents, the tax would apply proportionally based on the number of days they are in the state during the year.
10-year lookback provision : The portion of a taxpayer’s wealth subject to the wealth tax is multiplied by a fraction, the numerator of which shall be years in residence in California over the 10 preceding years with 10 years being the denominator. Read More
“The People’s Republic of China (PRC) is the world’s largest emitter of greenhouse gases; the largest source of marine debris; the worst perpetrators of illegal, unreported, and unregulated (IUU) fishing; and the world’s largest consumer of trafficked wildlife and timber products. While the Chinese people have suffered the worst environmental impacts of its actions, Beijing also threatens the global economy and global health by unsustainably exploiting natural resources and exporting its willful disregard for the environment through its One Belt One Road initiative. Tragically, the Chinese Communist Party (CCP) represses civil society and a free press, slowing changes that would benefit its citizens and people all over the world.”
China dumps millions of tons of plastic waste into the oceans every year. It pumps more mercury into the atmosphere than any other nation on earth. It does not simply lead the world in greenhouse gas emissions; its emissions are rising. It produces twice the CO2 emissions of the United States and one-third of all such emissions for the planet.
Ninety percent of all ocean plastic is carried by only 10 rivers. Eight of those are in Asia. The Yangtze in China is by far the worst. Three hundred and thirty-three metric tons of plastic wash out of the Yangtze alone every year. In fact, China is responsible for almost thirty percent of all the plastic ending up in our oceans and contributes the lion’s share of the refuse in the Great Pacific Garbage Patch, a tangle of plastic twice the size of Texas floating in the middle of the Pacific Ocean.
China is, in short, an environmental toxic waste dump.
Gina McCarthy is Biden’s choice to be “Climate Czar.” McCarthy was Obama’s EPA chief. Most recently she has served as the CEO of the Natural Resources Defense Council (NRDC). Under McCarthy’s leadership, the NRDC filed over 100 lawsuits against the Trump administration, at one point bragging that it was filing a new lawsuit roughly every ten days. Read More
Media organizations and Jewish groups were among those reacting furiously to the decision of a Pakistani court to immediately release four men accused of orchestrating the 2002 kidnapping and murder of American journalist Daniel Pearl.
Pearl, a 38-year-old Wall Street Journal reporter, was investigating Islamist militants in Karachi after the Sept. 11, 2001, attacks on the United States when he was seized by terrorists connected to Al Qaeda.
Media organizations and Jewish groups were among those reacting furiously on Thursday to the decision of a Pakistani court to immediately release four men accused of orchestrating the 2002 kidnapping and murder of American journalist Daniel Pearl.
Pearl, a 38-year-old Wall Street Journal reporter, was investigating Islamist militants in Karachi after the Sept. 11, 2001, attacks on the United States when he was seized by terrorists connected to Al Qaeda. Read More
The Christmas morning bombing in Nashville left a wake of destruction that was captured in dramatic photos and videos that made downtown Music City look more like Baghdad or Beirut.
Cellphone footage shot shortly after the massive blast caught victims wailing in panic and screaming for help as flames consumed vehicles parked along North Second Avenue and black smoke filled the sky.
Other shots revealed gaping holes that were once storefronts in historic brick buildings, with broken glass, charred tree limbs and rubble littering the street.
The explosion, which could be felt for blocks, rocked the city just as dawn was breaking around 6:30 a.m. Read More
The narrative could not be more transparent or obvious, but then again, the elites are becoming lazy in their propaganda and the leftists are not all that bright. Essentially, every time conservatives (or moderates) organize to defend themselves against communist or globalist attack we are called “Nazis”, brownshirts, populists, bullies, etc. Now, I would remind these people that if we were really going the path of the Sturmabteilung then there would be rampant intimidation and assault on leftists to the point that they would be afraid to leave their homes or even identify as leftists. Conservatives believe in self defense, not coercion and terror tactics.
Such actions are the wheelhouse of the political left these days. They are far better than we are at imitating Brownshirt behavior. The reality is that across the board the only people engaging in widespread censorship and violence are on the political left, yet we are supposed to be the “Nazis”?
Historically, there does seem to be a pattern here, though. In Germany in the 1920s-1930s communist groups were highly active and initiated street violence, riots and even assassinations. This lured many Germans in fear of being overtaken by a communist regime to support national socialism, the other side of the coin when it comes to tyranny. In other words, to defeat the communists the public supported the fascists, and the fascists ended up being just as bad as the communists. Read More
New weekly jobless claims fell by 89,000 to 803,000 in the week that ended December 19, the Department of Labor said Wednesday.
The prior week’s initial claims number was revised up to 892,000 from the initial estimate of 885,000.
Economists had forecast a decline in claims to 875,000, according to Econoday.
Jobless claims can be volatile week to week so many economists prefer to look at the four-week average. This rose to 818,250, an increase of 4,000 from the previous week’s upwardly revised level.
Jobless claims—which are a proxy for layoffs—remain at extremely high levels. Prior to the pandemic, the highest level of claims was 695,000 hit in October of 1982. In March of 2009, at the depths of the financial crisis recession, jobless claims peaked at 665,000.
United States Representative Rashida Tlaib is known for her intense hatred of Israel. Indeed, she was recently banned from entering the country. So it makes sense that she would want to hire an individual like Muslim activist Rasha Mubarak, someone who equally despises the Jewish state. Mubarak has gone so far as to say that it is a lie that Israel has a right to self-defense and has attacked anyone who states otherwise. However, Mubarak’s ire extends well beyond that of Israel, including against leaders in her own party, even Joe Biden and Kamala Harris.
Mubarak is the Finance Director for Congresswoman Tlaib. According to Tlaib, who was interviewed this month by Mubarak for Mubarak’s online show, Unbought Power Hour, Mubarak helped her raise over $3 million for her re-election campaign. Mubarak, as well, is the Democratic National Committeewoman for the Florida Young Democrats (FYD) and a member of the Orlando, Florida Committee on Multicultural Affairs, appointed by Democratic Mayor of Orlando Buddy Dyer.
Mubarak has acquired all of these titles, while exhibiting the most dangerous of extreme behavior, including support for terrorists.
President-Elect Joe Biden is planning to dismantle the legal wall at the United States-Mexico border that President Trump has constructed that ensures a reduction of illegal immigration through asylum agreements with Mexico and Central America.
In statements this week, Biden and his advisers said they plan on taking down Trump’s legal wall that includes the Remain in Mexico policy, as well as cooperative asylum agreements with Guatemala, Honduras, and El Salvador. The agreements have allowed federal immigration officials to swiftly return border crossers to their native countries after failing to meet asylum thresholds.
President-Elect Joe Biden is planning to dismantle the legal wall at the United States-Mexico border that President Trump has constructed that ensures a reduction of illegal immigration through asylum agreements with Mexico and Central America.
In statements this week, Biden and his advisers said they plan on taking down Trump’s legal wall that includes the Remain in Mexico policy, as well as cooperative asylum agreements with Guatemala, Honduras, and El Salvador. The agreements have allowed federal immigration officials to swiftly return border crossers to their native countries after failing to meet asylum thresholds. Read More
House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Chuck Schumer (D-N.Y.) signaled that they are open to increasing the amount for the stimulus checks after President Donald Trump threatened to veto the COVID relief bill unless the direct payment was increased to $2,000 per individual.
“Republicans repeatedly refused to say what amount the President wanted for direct checks. At last, the President has agreed to $2,000—Democrats are ready to bring this to the Floor this week by unanimous consent. Let’s do it!” Pelosi wrote on Twitter on Tuesday.
In a video message issued earlier on Tuesday, the president threatened to veto the $2.3 trillion omnibus spending and pandemic relief bill.
“Congress found plenty of money for foreign countries, lobbyists, and special interests,” the president said, “while sending the bare minimum to the American people who need it.”
