The Middle Class Will Pay For Washington’s
‘Millionaire Tax’
Posted By: RockyTCB, 3/17/2026 9:25:56 AM
When Washington lawmakers were debating the state’s first-ever income tax, Gov. Bob Ferguson said the 9.9% rate on incomes above $1 million “represents historic progress in rebalancing our unfair system.” And at first blush, you can see why Washingtonians might agree with him. The new tax promises, after all, to raise $3.7 billion from fewer than 0.5% percent of the state’s taxpayers, with the money going toward such wonderfulness as education, child care, and expanded low-income tax credits. The middle-class families in that state are in for a rude awakening. First, the tax isn’t likely to collect anywhere
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When Washington lawmakers were debating the state’s first-ever income tax, Gov. Bob Ferguson said the 9.9% rate on incomes above $1 million “represents historic progress in rebalancing our unfair system.”
And at first blush, you can see why Washingtonians might agree with him. The new tax promises, after all, to raise $3.7 billion from fewer than 0.5% percent of the state’s taxpayers, with the money going toward such wonderfulness as education, child care, and expanded low-income tax credits.
The middle-class families in that state are in for a rude awakening.
First, the tax isn’t likely to collect anywhere
In just the first five months of the new fiscal year, the federal government has already spent more than $3 trillion – more than it spent in all of 2009 – $1 trillion of which it had to borrow.
And what is all this money going toward? The federal government was told 15 years ago to take a full, annual inventory of everything it does. It’s never been able to get that done.
“Each year, the federal government spends trillions of dollars on federal programs that support the American people and address policy goals,” notes the Government Accountability Office in a report released earlier this month.
Why Hasn’t Moody’s Fired Mark Zandi Yet?
5 replies
For many years, we’ve marveled at the fact that Moody’s Analytics keeps paying Mark Zandi to be its chief economist. While he’s good at parroting Democratic talking points, anyone who followed his economic predictions over the past decades would be in the poorhouse.
Let’s take just one example: Inflation.
Presumably, this is something that economists should be able to understand and reliably forecast.
When Joe Biden was pushing his massive “Build Back Better” plan, even we non-economists knew it would spur inflation
The Democrats have been making desperate arguments against voter ID legislation, including claims that it will disenfranchise married women due to their name change. Naturally, they’ve left out the part about Barack Obama launching his political career by using the name change of a married woman in his successful attempt to have all his opponents kicked off the ballot and run unopposed.
The SAVE Act, which has been passed by the House and is heavily supported by the public but is stalled in the Republican Senate, simply “requires individuals to provide documentary proof of U.S. citizenship
The bitter debate between Democrats and Republicans over the SAVE Act — which would require voters to provide a valid ID to cast a ballot — has roiled political waters as both major parties gird themselves for the 2026 midterms. But do voters care? They sure do, and it’s not good news for the Democrats, the latest I&I/TIPP Poll results indicate.
The online poll, taken from Feb. 24 to Feb. 27 by 1,456 adults nationwide, asked voters: “The SAVE Act (Safeguard American Voter Eligibility Act) is a proposed federal law that would require individuals to present identification and prove U.S. citizenship
Dems Place Their Bets Against The U.S.
4 replies
"The Democrats are betting on failure.”
That’s how National Review’s Noah Rothman characterizes the Democratic Party’s response to the U.S.-Israeli attacks on the terrorist regime that controls Iran.
But Rothman has it only half right. Democrats aren’t just betting on failure in Iran. They are trying to engineer it. And not just in Iran, but at home as well, where they are actively trying to undermine the economy.
Because, you see, the midterms are coming up, and to Democrats, what matters isn’t the well-being of Americans or ridding the world of its chief terrorist threat. The only thing that matters is winning elections.
Defund The U.N.
17 replies
The United Nations is having a budget crisis. It might have to lay off part of its staff. No one should be brokenhearted over this. It should instead be cause for celebration. The U.N. is nothing more than a parasite leeching off the American taxpayer while propping up dictators, terrorists, and every left-wing crackpot scheme ever dreamed up. It should be dissolved.
Earlier this year, U.N. Secretary-General António Guterres “sent a dramatic letter to” member states to warn them “about the ‘imminent financial collapse'” of the organization, says the Global Policy Forum of Europe. “The letter
The Man Who Loves To Tax
20 replies
The cranky Vermont senator who believes billionaires should be abolished wants to legislate them out of existence. It’s too bad that he doesn’t understand that one billionaire is more valuable than a thousand Bernie Sanders.
“Billionaires should not exist,” Sanders, who identifies as a socialist, raged in 2019 during his previous attempt to hit the wealthy with an additional tax that punished them for their success.
That effort, the New York Times reported, was “particularly aggressive in how it would erode the fortunes of billionaires” and “would cut in half the wealth of the typical billionaire after 15 years,
Virulent Trump-hater George Will penned a column in the wake of the Iran attacks titled “At last, the credibility of U.S. deterrence is being restored.”
Do you think Will turned a corner about President Donald Trump? Hardly.
If you want to know who restored the credibility of U.S. deterrence, Will isn’t saying. You’d think it fell out of the sky.
The most he will concede is that “Donald Trump’s administration has chosen not to wager U.S. safety on Iran’s abandoning its multi-decade pursuit of nuclear weapons, or on Iran’s acquiring them but not really meaning ‘Death to America.’”
Wait. Trump’s “administration” made that choice?
Policymakers often argue over whether capitalism works and how aggressively it should be restrained. But they rarely ask the more pertinent question: where, exactly, does large-scale laissez-faire capitalism even exist?
The uncomfortable answer is that in the 21st century, it barely does. Across sectors, federal policy does not merely regulate at the margins; it often coordinates at scale, sometimes through forms of rulemaking that do not appear in the traditional Federal Register. Prices, payment flows, entry conditions, risk allocation, technology adoption, and even product, service, and
Trump Ratings Steady Despite Strong State
of the Union, Foreign Policy Moves: I&I/TIPP Poll 11 replies
of the Union, Foreign Policy Moves: I&I/TIPP Poll 11 replies
On Feb. 24, President Donald Trump gave what many, including some critics, thought was one of the most effective presidential State of the Union speeches of recent decades, if not ever. But it barely moved the needle when it comes to his presidential favorability ratings, the latest I&I/TIPP Poll shows.
In the March online national I&I/TIPP Poll, taken from Feb. 24 to Feb. 27 by 1,456 adults, Trump showed only slight improvement on the lead presidential leadership question: “Overall, is your opinion of Donald Trump generally favorable, generally unfavorable, or are you not familiar enough to say one way or the
The federal income tax is abusive. It is inconsistent with liberty. It has, as Chief Justice John Marshall noted, the power to destroy. There is nothing positive to be said about it. It cannot even raise government revenues efficiently. As we said a year ago, of all the good Donald Trump could do in his second term, eliminating the federal income tax would be one of his greatest achievements.
It’s clearly one of his goals.
“As time goes by, I believe the tariffs paid for by foreign countries will, like in the past, substantially replace the modern-day system of income tax,” Trump said during his State of the Union address.
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Sunday on CNN’s “State of the Union,” former Biden Transportation Secretary Pete Buttigieg said President Donald Trump was no longer fit for office.
Buttigieg said, “What I’m worried about is not the soldiers and the people who are serving. What I’m worried about is their political leadership, like Pete Hegseth and Donald Trump. You know, we lived through a war that was sold to us on false pretenses when I was younger. This war has not been sold on any pretense. The president just went ahead and did it. Here’s the biggest thing that has not changed since the war in Afghanistan or the war in Iraq.
Rhode Island Dems Push ‘Firearm Safety
Training Certificate’ Requirement for
Gun Purchases 23 replies
Training Certificate’ Requirement for
Gun Purchases 23 replies
Rhode Island Democrat House members are pushing legislation to require Rhode Islanders to obtain a “Firearm Safety Training Certificate” prior to purchasing a gun.
The legislation, H 7755, is sponsored by state Reps. Jennifer Boylan (D), Teresa Tanzi (D), Justine Caldwell (D), Robert Craven (D), Matthew Dawson (D), Earl Read (D), and others.
The text of H 7755 requires the would-be buyer of a handgun to “Present to the person selling the firearm a valid firearm safety training certificate issued by the office of the attorney general.”
Why France is bolstering military presence
in the Middle East, as Macron prepares
for postwar talks 21 replies
in the Middle East, as Macron prepares
for postwar talks 21 replies
France’s government is bolstering the country’s military presence in the Middle East, dispatching its aircraft carrier and other warships, while President Emmanuel Macron engages with key players in the conflict, including Iran, in a bid to position Paris for future diplomatic talks.
Macron said that France’s military involvement is strictly “defensive” and aims to avoid making the country a party to the war.
He reaffirmed that position after one French soldier was killed Thursday in a drone attack in Iraq.
“We are not at war with anyone,” Macron said.
‘One Battle After Another’ triumphs
at 98th Academy Awards in coronation for
Paul Thomas Anderson 21 replies
at 98th Academy Awards in coronation for
Paul Thomas Anderson 21 replies
LOS ANGELES — Paul Thomas Anderson’s “One Battle After Another” was crowned best picture at the 98th Academy Awards, handing Hollywood’s top honor to a comic, multi-generational American saga of political resistance.
The ceremony Sunday, which also saw Michael B. Jordan win best actor and “Sinners” cinematographer Autumn Durald Arkapaw make Oscar history as the first female director of photography to win the award, was a long-in-coming coronation for Anderson, a San Fernando Valley native who made his first short at age 18 and has been one of America’s most lionized filmmakers for decades. Before Sunday, Anderson had never won an Oscar.
But “One Battle After Another,”
The rumor that's circulating in Middle Eastern political networks claims that Iranian cleric Hojtaba Khamenei may be in poor condition while he struggles to command respect among key figures inside the regime.
Mojtaba Khamenei remains widely viewed as the center of Iran's leadership after the death of his father, Ayatollah Ali Khamenei, who served as Iranian supreme leader for over 30 years and whose death created a sudden leadership vacuum.
Iranian state media later confirmed the killing and declared a 40-day national mourning period as the regime moved quickly to maintain control and reassure supporters that the government remained intact. The Iranian supreme leader has held ultimate authority over Iran's military forces,
Rep. Jasmine Crockett insisted she “followed all protocols” in hiring a fugitive security guard who had a criminal history and was under federal investigation when he was fatally shot in a standoff with Dallas SWAT.
Crockett (D-Texas) confirmed in a statement on Monday that her security guard, Diamon-Mazairre Robinson, whom she knew under the alias of Mike King, was shot by police in Dallas on Wednesday night — blaming “loopholes” in the system for his ability to circumvent the vetting process. [snip]
“The fact that this individual was able to somehow circumvent the vetting process for something as sensitive as security for a member of Congress
The movement to put federal agents from U.S. Immigration and Customs Enforcement (ICE) and other agencies at polling places is having the effect of flushing out into the open those from the left who want to protect shady election systems. The one-party state of New Mexico, with Democrat majorities in the House and Senate and a Democrat governor, was the first to pass legislation and have it signed into law that bans military or armed federal agents from polling places and ballot drop box locations.
One of the lesser known woke governors in the country, and one of the more extreme ones, Michelle Lujan Grisham, signed into law SB 264,
NEW YORK CITY – New York City will add 800 more “slow zones” capped at 15 mph by the end of the year, officials said Monday. The move will bring strict speed limits to schools across the city, increasing the number of schools with slow zones to 1,300. City officials said every eligible school across the five boroughs will receive a reduced speed limit by the end of Mayor Zohran Mamdani’s first term. They described the expansion as the largest use of Sammy’s Law, which allows New York City to set its own speed limits. The law is named for
State Comptroller Tom DiNapoli just revealed that New York City is now spending $81,000 per street homeless person — in a town where average take-home pay is no higher than $40,600. And Mayor Zohran Mamdani want to spend more: City Hall projects it to hit nearly $97,000 in the coming year. Overall, this spending has skyrocketed from $102 million in 2018 to $368 million last year, up 320% even as the street-homeless population grew just 26%.
A Mauritanian illegal immigrant marked for deportation since 2002 has continued to live in the US and is a registered Democrat who voted in every election since 2008, authorities claim.
Mahady Sacko, 50, who goes by the nickname “Sacko Scorpion,” was busted last week in Philadelphia for allegedly falsely claiming citizenship to cast a 2024 ballot.
He was picked up in a joint operation between Immigration and Customs Enforcement (ICE) and the FBI who charge he “falsely represented that he was a US citizen in order to vote and register to vote” in the last preidential election, according to a press release.
Sacko denied the charges when
Is Lesbianism Ruining America’s Future?
16 replies
oday, most of those self-identifying as LGBTQ are young women. The growth has been dramatic. In the US, some thirty percent of Gen Z women (age 18-27) are self-identifying as LGBTQ, etc.—mainly lesbian and—compared to around 1-2% for women in the World War 2 generation. This means that almost a third of traditionally marital-age women are likely disinterested in traditional marriage. This is a significant factor in why almost half of Americans are unmarried.
As a result of the decline in marriages, the American replacement rate continues its slide south of the 2.1 children per couple needed for replacement. It is now hovering at 1.6. If one argues that lesbian couples
President Trump was stunned to learn last week that US intelligence indicates new Iranian Supreme Leader Mojtaba Khamenei may be gay — and that his father, the late Ayatollah Ali Khamenei, feared his suitability to rule the Islamic Republic for that reason, The Post can reveal.
Trump couldn’t contain his surprise and laughed aloud when he was briefed on the intel, according to sources.
Others in the room also found it “hilarious” and joined the president’s reaction, while one senior intelligence official “has not stopped laughing about it for days,” said one person familiar with the briefing.