Tag: Tax

Newsom Raises State Income Tax To 110 Percent

SACRAMENTO, CA — Facing an operational budget shortfall of $10 billion, Governor Gavin Newsom announced today that he would offset expenditures by raising the California state income tax to 110%.According to government officials, one hundred…

Elizabeth Warren Vows New Tax On Puppies

WASHINGTON, D.C. — Arizona Senator Elizabeth Warren called for a dramatic change to the U.S. tax code that would apply an additional 90% tax rate on puppies.Warren argued that the benefits of puppy ownership, such as joy, should be a benefit for…

Your Tax Dollars At Work

California has one of the highest tax burdens in the nation.  It also has one of the biggest economies in the world.  That tax burden combined with that economy should be producing a massive pool of money.  And yet each year, California finds…