Aug 14
The U.S. Postal Service enjoys every advantage in the marketplace. It pays no property, income, or corporate taxes. It owns and occupies some of the world’s most strategic and prestigious real estate It has an unconstitutional monopoly on first-class letter delivery. (By contrast, its package-delivery competitor FedEx pays billions annually in taxes.) (To put these …
Jul 28
Puerto Ricans enjoy many benefits from being associated with the United States. Puerto Rico’s residents are U.S. citizens and may freely move to the U.S. mainland. For years, the most productive Puerto Ricans have done so, leaving hundreds of thousands of nonworkers to pay the Island’s exorbitant tax rates. The Island’s remaining voters have voted …
May 17
Socialist Illinois imposes some of the highest taxes in the country (and the world), but can’t pay its obligations. Illinois government employees live like royals among peasants. More than 30,000 State teachers make six figures or more annually–for just nine months work. Presently the State University system spends more on RETIRED employee pensions than on …
May 16
Government policies such as progressive income taxation, central banking and Social Security aggressively punish savers. And year after year, Americans reluctantly submit by saving nothing and investing very little. Now a new Marketwatch report shows that 50 percent or more of Americans are just one paycheck away from serious financial disaster. Roughly two-thirds of households …
May 12
Government employees are now America’s richest class. On average, they make more money than self-employed business owners or private-sector workers. New data shows what everyone has long suspected: Government “workers” have the highest median ‘earnings’ among all full-time, year-round American workers.” “According to the Census Bureau’s Personal Income Table 07 (PINC-07), the competition isn’t close. …
Apr 25
Almost half of one percent of New York’s most productive people–about 40,000 individuals–fled the Empire State last year due to the State’s heavy taxes and regulations. High-tax neighbors Connecticut and New Jersey have also seen their residents flee. Many move to lower-tax states such as Florida, Texas and Nevada. Many are also climate refugees seeking …
Apr 18
AMERICA’S MAJOR SOCIALIST CITIES (Chicago, LA and New York City) continue to lose thousands of people annually. The socialist government of Chicago continues to enact further rules, regulations and taxes upon the City’s long-suffering people. The city’s dwindling class of older, wealthier taxpayers is declining rapidly. See here.
Feb 16
Many people are aware that the socialist government of Illinois is teetering on the brink of bankruptcy. But few know the details. An editorial in the Chicago Tribune recently laid bare the horrifying state of Illinois finances. Illinois has been paying such lavish benefits to government workers that State pensions are tapped out. Workers are …
Feb 14
California leads the U.S. in taxation and regulation. Although California is the richest state in the union, and has the most vast, comprehensive and expansive social welfare programs, it leads the nation in rates of poverty. A new poll reveals that 53% of California residents are considering leaving the Golden State because of the high …
Dec 14
Bloomberg has analyzed 20017 Census data and found that the top 3 highest-taxing cities–New York City, Las Angeles and Chicago–EACH lose over 100 people each day who migrate to other states. High-tax Chicago loses nearly 156 people each day. These economic refugees are fleeing to lower-tax, lower-regulation states such as Texas, Arizona, Florida and Nevada. …
