Category Archive: burdensome taxes

Jun 03

After years of overtaxing the rich, Connecticut tax receipts decrease and Connecticut’s richest citizens flee to other states

Connecticut income-tax collections declined last year for the first time since the recession due to lower earnings of wealthy residents. Many of Connecticut’s millionaires have fled for lower-tax states. In the past five years 27,400 Connecticut residents have moved to no-income-tax Florida. According to the Wall Street Journal, one of Connecticut’s largest companies, Aetna Insurance, …

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May 01

The U.S. has the highest tax rates in the developed world

America rose to greatness and prosperity because of its low taxes, property rights and culture of nonregulation. Over the past century, however, trusters of government have fundamentally altered America’s governmental structure. Today, American economic growth is stagnant, and prosperity is increasingly elusive. See here.

Apr 09

More than 90 % of IRS “structuring” enforcements are aimed at innocent Americans

Some (but not all) Americans are aware that all banks are required to report to the IRS whenever a customer deposits or withdraws cash in the amount of $10,000 or more. The stated aim of this federal law is to catch criminal activity such as money laundering and drug trafficking. Often, the IRS swoops in …

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Apr 03

D.C. Daycare Operators Now Required to Have College Degrees

The District of Columbia has decreed that the directors of any licensed “Child Development Centers” — or day care — must have a “Bachelor of Arts (BA) in early childhood education or a BA with at least 15 semester credit hours in early childhood by Dec. 2022.” The regs also mandate that “teachers” possess at …

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Mar 07

Americans renouncing U.S. citizenship in record numbers due to taxes, overregulation

The United States was once the world’s flagship of freedom and capitalism. It produced more great inventions than any society that ever existed. But in recent years, America has become more government-controlled, taxed, and overregulated. During the past year, more Americans fled the U.S. and renounced U.S. citizenship than ever before. Almost all who fled …

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Jan 02

Washington, D.C.: Homeless numbers double amid highly-paid government households

Throughout the past 20 years, the salaries and benefits of government workers have increased substantially, even as the American people struggle to survive in trailer parks. Lawmakers at the federal, state and most local levels have been transforming government employees into kings and queens walking among peasants. In many locations, the largest mansions are owned …

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Jan 01

Retired government “workers” in one California town rake in two hundred thousand dollars annually amid peasants with average HOUSEHOLD incomes of $32,000

California is a place with bountiful treasures but a socialistic-style government. Voters trust government so much that they now have some of the highest taxes in the world. In one town, El Monte, the average HOUSEHOLD scrapes by on $32,000 annually while retired city government “workers” draw pensions as high as $200,000 annually. Such government …

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Nov 17

No more gleaming government temples

The voters spoke to Gallatin County and Bozeman officials on November 8. But officials apparently didn’t get the message. Read this astounding Bozeman Daly Chronicle story by Eric Dietrich. It seems the government officials are intending to renew their efforts to convince voters to approve their marble-and-gold temple of government power (“law and justice center”). …

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Aug 19

In Boston, every Uber customer must contribute a nickel to sustain dying government-monopoly taxi industry

The taxicab industry has been so overregulated for so long that it cannot survive any exposure to real-world, market forces. Many states grant monopoly jurisdictions to cab companies and control prices, fares, numbers of drivers, and numbers of cabs. Poor people who want to start a cab company are simply not allowed. In fact, many …

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Aug 13

Americans renouncing U.S. citizenship at a rate 15 times higher than in previous years

Government overregulation is forcing many Americans to flee the U.S. “There’s a lot of them who are tired of the hassle and headache and expense of complying with US tax rules,” says Reed. “Most of them are U.S. citizens who’ve lived abroad for a long-time.” See here. The U.S. government is also bullying foreign banks …

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