The big takeaway from the election in New England? That sound you hear. It’s the high-pitched sound of private jets and the roar of U-Haul trucks heading for the border—Florida, Texas, and New Hampshire. Money goes where it’s well respected. Here’s anecdotal evidence. When Massachusetts runs a tax surplus, the teachers’ unions get a millionaire’s tax passed to secure salary (and dues) increases. This isn’t about kids. You’re joking, right? It’s an embarrassment. Action Line: Red states are getting redder, and taxes are pushing successful Massachusetts residents into finding greener … [Read more...]
FISCALLY FIT: Who Are America’s Top Performing Governors?
You may be wondering, after the last two decades, if there is anywhere left in America where fiscal conservatism remains important. The federal budget has ballooned out to Banana Republic-like proportions. It turns out there are still some pockets of America where governors put a priority on maintaining the financial strength of their states. At the Cato Institute, Chris Edwards and Ilana Blumsack have ranked America's governors based on their fiscal performance. They write: The nation’s economy was damaged by the pandemic in 2020, but it bounced back strongly and grew until the end of 2021. … [Read more...]
Residents Can’t Wait to Leave Woke San Fran and Seattle
You are watching an exodus in America of normal people who have had enough of the crime and homelessness encouraged by politicians in the nation's big cities. Residents of San Francisco and Seattle are the most likely to want to leave their cities, with 7.6% and 7.2% of residents looking to move away, respectively, according to a new report by the American Housing Survey. The Daily Mail's Ronney Reyes explains: Residents in San Francisco and Seattle are more likely to move to a different city as they experience high crime rate and homelessness, according to a new survey. For the first time … [Read more...]
Will Massachusetts Choose Fiscal Sanity or Unlimited Taxation?
You have heard that the states are laboratories of freedom. In those laboratories, sometimes experiments go wrong. Massachusetts is about to decide whether or not it wants to experiment with unlimited taxation, after adhering for years to a flat tax system. The Editorial Board of The Wall Street Journal explains: New Englanders have long held a slight edge on their New York neighbors in fiscal sanity (if not always in baseball). Now progressives in Boston want to join New York and other nearby states in a high-tax arms race. Massachusetts voters have the choice to block a tax hike and … [Read more...]
FOLLOW THE MONEY: Wealthy Americans Fleeing High Tax States Faster than Others
Treasury bond yields are rising. You can sink your teeth into these yields. The interest on treasuries is generally exempt from taxation at state and local levels. That could come in handy if you're living in one of the high-tax states mentioned below. If you live in a high-tax state what are you waiting for? If you want to know what’s going on in the world then follow the money, or, in this case, the moving vans. I’m always interested in the work Chris Edwards does at the Cato Institute, and this is no exception. Edwards writes: My new op‐ed in the Examiner looks at the interstate … [Read more...]
DeSantis Describes the Great American Exodus
Americans are moving to where their money and freedoms are respected. Below, The Wall Street Journal's Daniel Henninger describes Governor Ron DeSantis of Florida explaining what he calls the "Great American Exodus." Henninger writes: Shortly before the Vineyard controversy, Gov. DeSantis delivered an interesting speech near Miami to a convocation of conservatives. Some called it a test drive of ideas for a presidential run, and it probably was. One DeSantis idea, though, should have caught the eye of anyone focused on the flow of U.S. history. The governor described something he called a … [Read more...]
Even the ACLU Hates Gavin Newsom’s New Gun Control Law
You may remember Gov. Gavin Newsom and his state of California from such successes as having some of America's highest taxes, a mass exodus of productive workers, business crippling nonsensical Covid restrictions which Newsom himself broke multiple times, and crime that is driving residents out of the state's cities at breakneck speeds. Now, Newsom is trying to distract Californians from his failures by picking fights with the governors of the conservative states where his citizens have been fleeing to. The Wall Street Journal reports: California Gov. Gavin Newsom must not have enough to do … [Read more...]
Police Widow Blames Soros-Funded DA for Husband’s Death
The widow of Sgt. James O'Connor, who was killed in the line of duty on March 13, 2020, while serving an arrest warrant, is blaming woke Pennsylvania DA Larry Krasner. Yael Halon reports for Fox News: O’Connor’s widow, Terri, told Fox News on Thursday that she believes her husband would still be alive if not for the far-left bail policies of embattled D.A. Krasner, who allowed these gunmen to return to the streets following multiple arrests. “They had lengthy criminal records for guns, shootings, murders. I could go on and on about it,” she said on “America Reports.” “They were out of jail … [Read more...]
WOKE WORLD: Getting a Cup of Joe Has Never Been So Dangerous
Is your favorite Starbucks location closing its doors for good? If you live in an area where a "woke" District Attorney spends more time protecting criminals than prosecuting them, your favorite stop for coffee may be about to disappear. Starbucks CEO Howard Schultz is closing stores across America in places where he blames local woke leaders for high crime. Getting a cup of joe has never been so dangerous. The Daily Mail's Rachael Bunyan and Alex Hammer report: The CEO of Starbucks is intentionally shuttering more than a dozen profitable stores nationwide over disruptions that he's blamed on … [Read more...]
WINNERS AND LOSERS: IRS Data Reveals Trouble for Blue States
There's big trouble brewing for high tax states. First, the 2017 Tax Reform signed by President Trump revealed the real impact those states' high tax rates have on wealthy earners by eliminating most of the deductions for state and local income taxes. Then, the summer of rioting and looting spurred on by Democrats' Defund the Police movement, and crippling COVID-19 restrictions encouraged many people to leave the big blue blob cities. Now, the IRS data is in and the biggest winners and losers of 2020 have been revealed. The biggest loser states by amount of adjusted gross income that left … [Read more...]
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