New California wealth tax proposal raises taxes on total net worth of wealthy California residences. But, what if they decide to leave the State? No problem. Economic impacts: Will ultra-wealthy CA residents leave the state? As mentioned above, the California share of...
billionaire
The Crisis Has Exposed the Damage Done By Government Regulations
As we watch in real-time how governments respond to the novel coronavirus pandemic, some of the most predictable forms of state overreach—from restrictions on the freedom of assembly to the suppression of regular commerce—have been rolled out. Thankfully, there is no...
Rich People Suck
Barack Obama: “If you’ve got a business -- you didn’t build that. Somebody else made that happen.” Bernie Sanders: “I don’t think that billionaires should exist.” AOC: “No one ever makes a billion dollars. You take a billion dollars. People become billionaires only by...
The 2020s A Renewed Libertarian Movement
Can you believe it? It's been 20 years since the year 2000. 19 since George W. Bush decided to get the 21st Century off on the completely wrong foot, waging aggressive war in the name of liberty and self-government and discrediting both. But I have to admit, back then...
Understanding Elizabeth Warren’s Radical Wealth Tax
Democratic presidential candidate Elizabeth Warren has had a long-standing call for a 2% wealth tax on any individuals with a net worth exceeding $50 million, and a 3% tax on wealth exceeding $1 billion. Yet when pressed on how to pay for her “Medicare for All” plan,...
12/9/19 Eli Clifton on the Billionaire ‘Megadonors’ Controlling the GOP
Scott talks to Eli Clifton about the billionaire "megadonors" who control the Republican party. Although Trump started his campaign touting his status as an independent billionaire who couldn't be bought, Clifton explains how even if that's true, someone needs to fund...
The Left’s Errors on Taxing Billionaires – Freedom Philosophy
In a public debate concerning the leadership of the United Kingdom, Labour Party leader Jeremy Corbyn claimed that the existence of billionaires in unconscionable. Since then I’ve seen an influx of memes calling billionaires evil. The very notion that someone has made...
Decrying Income Inequality Is a Tactic to Gain More Power for Government
The 2020 presidential field is saturated with candidates decrying wealth inequality and making the argument to soak the rich. One front-runner, for instance, is constantly denouncing “the millionaires and the billionaires.” Ominously, a New York Times poll found that...
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Last Rights: The Death of American Liberty
Americans today have “freedom” to be fleeced, groped, injected, harassed, surveilled, vilified, disarmed, beaten, detained, and maybe shot by federal agents. From hapless homeowners hit by SWAT raids to pandemic lockdowns pointlessly paralyzing lives, government...
The Fake China Threat and Its Very Real Danger
Today the front pages and bookstores are filled with tales of the so-called "China Threat." From spy balloons to Fentanyl pipelines, genocide to dreams of world domination: CHINA! But is it all true? Is any of it? Now, for the first time, the speciousness of these and...
