Dozens of major corporations have warned Washington State’s Democrat-led legislature and Governor Bob Ferguson that proposed tax increases threaten the state’s economic future. The letter—signed by executives from Amazon, Microsoft, Costco, Alaska Airlines, Nordstrom, Zillow, and even the Seattle Mariners—blasts the state's unprecedented spending and tax agenda.
Since Sir Keir Starmer’s Labour Party came to power last year, British millionaires have been leaving the country at an unprecedented rate, fleeing the punitive tax policies that have come to define Labour’s left-wing agenda.
Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.
Chicago residents are voicing their dissatisfaction as the city grapples with a billion-dollar budget deficit. During a city council meeting Monday, public comments reflected growing frustrations with Mayor Brandon Johnson’s policies, particularly his approach to sanctuary city initiatives and proposed tax increases.
In response to an anticipated $46.8 billion budget shortfall, California lawmakers approved a budget on Wednesday that reduces spending and temporarily raises taxes on...
“The fact that the Governor continues to overspend creating structural deficits in future years is fiscally irresponsible," Republican Assemblymember Vince Fong said.
When the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.
