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…