That’s what the Progressive-Democrats say we should do, especially when it comes to taxes. Here’s what the Swedish tax structure, that we’re supposed to emulate, looks like, pretty much straight from the horse’s mouth: Catherine Edwards, Europe Editor, for The Local, headquartered in Stockholm.
Property tax: virtually eliminated 10 years ago. Nationwide, property owners pay an annual tax of 0.75% of the property’s taxable value, capped at 7,412 kronor ($820).
Inheritance tax: abolished (not reduced to zero; this tax no longer exists) in 2005
Gift tax: abolished (not reduced to zero; this tax no longer exists) in 2005
Senator Bernie Sanders (I, VT), who caucuses with the Progressive-Democrats, has joined the Progressive-Democratic Party’s race to the bottom. The President wannabe has proposed his cynically named For the 99.8% Act, which is targeted explicitly against the 588 Americans he hates the most: the 588 most successful of us. His bill would deny these few Americans their ability to pass on the outcome of their success to their heirs, their families; his bill would overtly punish these most successful—and their families—for their success.
It’s a bill that’s borne of personal animosity and rank envy. It’s a bill that would
Germany is moving decisively to eliminate coal-fired plants as a source for its economy’s energy.
Germany has already banned nuclear power, which was a singularly stupid thing to do—that source of energy already had no CO2 emissions. Nevertheless, the destruction of that industry already is ongoingly expensive.
Merkel’s decision in 2011 to dump nuclear energy by 2022 and to accelerate the build-out of renewable sources such as wind and solar power is already costing them €27 billion [$31.8 billion] each year in the form of a renewable-energy tax.
Americans seem to favor that, according to a Fox News poll released last Thursday and discussed onFox Business Online.
[T]here is broad support for increasing taxes on the wealthiest families. Voters support tax increases on families making over $10 million annually by a 46-point margin (70% favor-24% oppose), and support a hike on those making over $1 million by 36 points (65-29%).
There is less support for a broader tax increase: 44% favor raising rates on those with income over $250,000, and a small minority, 13%, approves of an increase on all Americans.
The subhead on Monday’s Wall Street Journalarticle on the United Teachers Los Angeles union strike against the Los Angeles Unified School District says it all.
Nearly one in five LA public school students attends charters unaffected by the strike; union wants a cap on them
Herein lies one more proof of the disingenuousness of the UTLA. While the UTLA is striking, demanding a cap on the number of charter schools (and money, money, money), all the while holding Los Angeles’ public school students hostage to their demand, the charters are open and actually educating their students.
Some Congressmen are working on bills that, in their aggregate, would bar sales of critical computer components to the People’s Republic of China’s communications companies Huawei, ZTE, and other PRC companies caught violating our export laws or sanctions on those companies or companies with which these do business.
The PRC is upset.
Foreign Ministry spokeswoman Hua Chunying said it was all “hysteria,” and
I believe the action of these few representatives are an expression of extreme arrogance and an extreme lack of self-confidence[.]
The PRC’s insults and hysterical response, whether individual or taken together, are sufficient evidence that we’re on the right track.
As everyone (apparently except the California Insurance Commission members) knows, insurance is the transfer of risk and fiscal responsibility for its realization from one party to another for an agreed fee that’s commensurate with the risk and expected cost being transferred. The California Insurance Commission has eliminated that for California drivers, mandating that driving coverage be provided independently of the risk transferred.
California has banned auto insurance companies from considering gender when setting insurance rates for private passenger cars.
The Gender Non-Discrimination in Automobile Insurance Rating Regulation went into effect on Jan 1, 2019.