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20 Apr 2021 18:07:04 UTC
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California Wealth Tax - Debt Nation Canada
California Legislators Propose 0.4% Wealth Tax, Plus 16.8% Income Tax Rate


Not shocked yet? The newest tax some golden state legislators want to collect is a .4% wealth tax. The “leader” in state taxes already, this would be first-in-the nation wealth tax targeting the very wealthy. This isn’t on income they earn, mind you, but on their wealth itself. A summary of the bill says, “AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million.” California Assembly member Rob Bonta, D-Oakland, proposed the legislation. The tax would be applied to the net worth of about 30,400 Californians, “raising approximately $7.5 billion annually,” the summary claims. “The tax takes into account all assets and liabilities held by an individual, globally, capturing the immense levels of accumulated wealth held by the top 0.1% of Californians.”


https://www.forbes.com/sites/robertwood/2020/08/17/california-proposes-168-income-tax-rate-plus-4-wealth-tax/?sh=7624f14f19a6


Overdose deaths outnumber COVID-19 deaths more than 3 to 1 in San Francisco


Drug overdose fatalities in San Francisco this year outnumbered COVID-19 deaths by a 3 to 1 margin, as deaths related to the powerful painkiller fentanyl rose.

In 2020 alone, 621 people have died from drug overdoses in San Francisco, while the number of coronavirus fatalities were 173, The Associated Press reported.

According to local reports from the San Francisco Chronicle, the city's Drug Overdose Prevention and Education (DOPE) Project used Narcan this year 3,000 times from January to November to save people who nearly died due to an overdose of fentanyl or related opioid abuse substances.


https://thehill.com/homenews/state-watch/531269-overdose-deaths-outnumber-covid-19-deaths-more-than-3-to-1-in-san


Justin Trudeau and the Dismantling of Canadian Identity


Justin Trudeau, Prime Minister of Canada, is a man with a vision for his country. What remains unknown, however, is whether or not Canadians share this vision.

Thus far in his tenure, Trudeau has been far more explicit about what he does not want for Canada than he has been regarding the kind of nation he envisions for our future.

One thing he does not want, as publicly stated shortly after taking office, is a Canada based upon "national identity." This bold assertion, in effect, tells us Trudeau does not believe in a Canada defined by a national heritage developed over 148 years of history.


https://www.eurocanadian.ca/2016/04/justin-trudeau-and-dismantling-of-canadian-identity.html


Trudeau Liberals' fiscal update puts Canada on path of debt and stagnation


There was widespread, bipartisan support for large-scale financial support for Canadians amid the China Virus pandemic.

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