Want To Protect Your Income From Taxes? Consider These Tips

LLM in taxYou can think of taxes as a “subscription fee” paid by citizens to the state/government. In return, the government promises its citizens healthcare, infrastructure, education, and security. The technicalities surrounding taxation continue to remain a political challenge in all countries.

Some countries levy high tax rates while others may become tax-free havens for the corrupt. Regardless, wherever one lives, there are local, state, and federal laws that determine the amount of tax one should be paying on her/his income.

Higher income should equal higher taxes, right? Not necessarily. It is an open secret that the rich pay less taxes than ordinary working-class citizens. Wealthy Americans often joke about how they pay less in taxes than their secretaries or other employees. However, before assuming that all wealthy individuals are tax-evaders or involved in unlawful practices, educating oneself on the subject can help understand tax management better.

Continue reading

California Corporate Relocation Experts Expect Best Year Ever!

CaliforniaRobyn Dolgin – Assemblywoman Lorena Gonzalez (D-San Diego) best exemplifies the reason thousands of businesses are departing California.

Her attitude toward one of the state’s Cali most successful companies, Tesla, was made clear with a childish vulgarity she aimed at the company’s CEO after learning that he was threatening to leave the Sunshine State. “F*ck Elon Musk,” she tweeted unapologetically in early 2020. This wasn’t the first time Gonzalez dropped the “f-bomb” in a public forum.

The assemblywoman wasn’t “too concerned” about the innovative billionaire packing up his manufacturing plants because she believed the CEO needed the state more than taxpayers needed him. Tesla receives numerous green grants from Southland taxpayers. Continue reading

French Revolution: ‘State Of Emergency’ As Citizens Reject Globalism

Sean Adl-Tabatabai – French President Emmanuel Macron is preparing to declare of state of emergency as citizens reject globalism in an historic wave of protests.

According to government spokesman Benjamin Griveaux, a state of emergency may be imposed to try and thwart the revolution after hundreds of thousands of masked “Yellow Vest” protestors clashed with police, in some of the worst protests France has seen since 1968.

Griveaux had indicated the Macron administration was considering imposing a state of emergency. The president was open to dialogue, he said, but would not reverse policy reforms.

“We won’t change course. We are certain of that,” he told Europe 1 radio. –Reuters

Zerohedge.com reports: On Saturday riot police were overwhelmed as protesters embarked on their destructive crime spree. Macron, meanwhile, denied that a state of emergency had been disccussed.

Continue reading

Top 20 Percent of Income Households Pay 87 Percent Of Taxes

taxesJonathan Turley – The Joint Committee on Taxation in Congress has issued a new report on tax burdens across the United States.  The Committee used data from the Tax Policy Center and divided the public into five income groups.

What they found was that the top 20 percent of earners paid 87 percent of the taxes in the country.  The remaining 80 percent covered 13 percent of the burden.

Continue reading

Nancy Pelosi to California Republicans: ‘You Don’t Belong Here’

Michael Van Der Galien – Isn’t it funny how top Democrats love to talk about “tolerance” and “compassion” when they are, in fact, the least tolerant and least compassionate people out there? Take this tweet from Minority Leader Nancy Pelosi for instance:

It’s always wonderful to see liberals talk about the people as if they were some kind of collective with shared interests. That’s nonsense, of course. Some people benefit from this policy, others from that one.

Continue reading