taxes

Chicago’s Middle Class Being Driven to Extinction

The city of Chicago has lost over half its middle-class residents since 1970, replaced by lower income and poor residents — and some richer ones — as taxes rise, debt grows, and the pension crisis explodes.

CHICAGO, ILLINOIS - JANUARY 31: Snow, ice and salt covers buildings and streets as temperatures during the past two days have dipped to lows around -20 degrees on January 31, 2019 in Chicago, Illinois. Businesses and schools have closed, Amtrak has suspended service into the city, more than a thousand …

Gavin Newsom Struggles With Revenue Misses from SALT, Marijuana

California Gov. Gavin Newsom is facing lower-than-expected tax revenues, thanks to unexpectedly low sales tax revenues from legal marijuana, and the first implementation of the new federal cap on state on local tax (SALT) deductions.

Gavin Newsom (Rich Pedroncelli / Associated Press)

New Jersey Residents to Be Hit with ‘Rain Tax’

New Jersey residents could soon see their hard-earned dollars go down the drain if Democrat Gov. Phil Murphy decides to sign recently passed legislation from New Jersey’s legislature allowing for a “rain tax.”

Governor Phil Murphy (D-NJ).

California’s Gavin Newsom Proposes Tax on Drinking Water in First Budget

California Governor Gavin Newsom proposed his first budget for the state on Friday, and it includes a tax on drinking water. The budget, titled “California for All,” declares drinking water a “fundamental right,” and adds: “The Budget includes short-term measures

Gavin Newsom smirk (Jeff Chiu / Associated Press)

Even Santa Pays Taxes in Canada

Immigration, Refugees, and Citizenship Minister Ahmed Hussen told CTVNews that Santa and Mrs. Claus are honorary Canadian citizens, and pay their taxes.

Christmas sleigh restaurant rides into tropical Malaysia

Report: Most Migrant Households Rely on Welfare

President Donald Trump’s draft plan to exclude welfare-dependent migrants is justified by data showing that almost two-thirds of households headed by non-citizens use at least one welfare program, says the Center for Immigration Studies.

MCALLEN, TX - AUGUST 15: Immigrants stand in line for a bus on August 15, 2016 in McAllen, Texas. Central American immigrant families, who had crossed into Texas through Mexico, are processed at a U.S. Border Patrol center, given temporary legal documents and sent to their destination city, while their …