Wealth

Washington State Weighs One Percent Wealth Tax

Washington Governor Jay Inslee (D) proposed a wealth tax designed to increase the state's revenue.

Pennsylvania Creates Fund for Businesses in ‘Disadvantaged Communities’

Pennsylvania launched a fund for businesses in "historically disadvantaged" areas.

New York’s $600 Million Bills Stadium Deal Bad Investment for Taxpayers

A few years ago, the Buffalo Bills threatened to leave New York State unless a new stadium deal was secured. This kind of relocation bluff is common in the NFL, with only the Green Bay Packers standing out as a team with a municipally owned facility and a market too small to seriously consider relocation. Despite the ever-present threat of the Bills moving to a more lucrative market, Democrat Governor Kathy Hochul ultimately signed a deal providing $600 million in state funding for a new $2.1 billion stadium for the Bills, with Erie County contributing an additional $250 million. This was after team owner Terry Pegula threatened to move the franchise to Austin, Texas, where he would privately finance a stadium.

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Trump Declines to Accept Presidential Salary

President-elect Donald Trump announced that he will not accept the annual $450,000 presidential salary. The same decision was made during his first term.

Who was the Real Saint Nicholas? – American Minute with Bill Federer

"Eighty-six years have I have served him, and he has done me no wrong. How can I blaspheme my King and my Savior?” --declared the...

Elizabeth I – American Minute with Bill Federer

When Henry the Eighth died in 1547, his nine-year-old son by Jane Seymour, Edward the Sixth, reigned for six years. He advanced Protestantism in England,...

Pilgrims tried Communism – American Minute with Bill Federer

High winds and treacherous tides along North America's coast blew the Pilgrims 500 miles off course, preventing them from joining Virginia's settlement at Jamestown, founded 14 years earlier. Having...

Battle of Lepanto – American Minute with Bill Federer

News arrived in Europe that in 1570, Ottoman Turks under the command of Lala Kara Mustafa Pasha, captured Nicosia, Cyprus, after a 50-day siege. 20,000 captured Nicosians were executed. Women and boys were sold as...

Hamas Secures $7 Million Monthly Budget from Iran for Confrontation with Israel

In the period prior to Hamas' invasion and attack on October 7, the Iranian regime acted as the primary strategic backer of the group,...

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