California Post Opinion Editor Joel Pollak discusses why California is a bad choice for retirees living on a fixed income. He highlights high state taxes, inheritance taxes and pension taxation as key factors driving retirees to states like Florida
‘The Big Money Show’ debates California Democrat Ro Khanna’s new wealth tax proposals. #foxbusiness 0:07 – Ro Khanna calls California wealth tax 'pro-business' 1:02 – Panel argues billionaire tax would spark capital flight 2:07 – Critics reject Khanna's claim entrepreneurs won't be deterred 3:12 – Founders face valuation, liquidity and asset seizure concerns 5:22 – Panel warns wealth tax could drive jobs and innovation out of California
Wealthy car enthusiasts on Long Island's South Fork are pouring tens of thousands of dollars, and sometimes seven figures, into bespoke garages built less for parking than for living, entertaining, and showing off prized collections. Arthur Aidala, a New York trial attorney who started collecting cars when he bought a 1986 Alfa Romeo Spider for […] The post Hamptons car collectors spend big on luxury garages that double as private retreats appeared first on American Almanac .
Wealthy car enthusiasts on Long Island's South Fork are pouring tens of thousands of dollars, and sometimes seven figures, into bespoke garages built less for parking than for living, entertaining, and showing off prized collections. Arthur Aidala, a New York trial attorney who started collecting cars when he bought a 1986 Alfa Romeo Spider for just over $3,000 at age 25, now keeps a rotating stable of six vehicles in a 500-square-foot garage at his Quogue home. The other nine cars in his 15-vehicle collection sit in off-site storage. He estimates he has spent roughly $25,000 turning that modest garage into something closer to a private lounge, designer flooring, a flat-screen television, a refrigerator, and a cigar station, the New York…Open
'Outnumbered' reacts to self-described progressive Grace Ryan, who defended her wealthy background using the term 'noblesse oblige' amid social media backlash. #fox #foxnews #media #breakingnews #us #usa #new #news #breaking #outnumbered #graceryan #ryan #progressive #socialmedia #viral #backlash #wealth #wealthy #noblesseoblige #politics #political #politicalnews #government #controversy #class #culture Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join
Kaylee McGhee White argues NYC Mayor Zohran Mamdani’s pied-à-terre tax is to ‘punish’ people the mayor doesn’t like during an appearance on ’The Evening Edit.’
California Post opinion editor Joel Pollak joins ‘Mornings with Maria’ to react to California's proposed billionaire wealth tax, the tightening gubernatorial race between Xavier Becerra and Steve Hilton and the state's soaring utility bills.
Abdul El-Sayed, Michigan's Democratic Senate nominee, has built his campaign around making the wealthy "pay their fair share" in taxes, but his own financial filings suggest he may be using a well-known compensation structure that accountants say reduces the payroll taxes he owes. El-Sayed paid himself a $64,000 salary through his consulting firm, AME Higher […] The post Michigan Senate nominee Abdul El-Sayed campaigns against tax loopholes — while his own LLC appears to use one appeared first on American Almanac .
Abdul El-Sayed, Michigan's Democratic Senate nominee, has built his campaign around making the wealthy "pay their fair share" in taxes, but his own financial filings suggest he may be using a well-known compensation structure that accountants say reduces the payroll taxes he owes. El-Sayed paid himself a $64,000 salary through his consulting firm, AME Higher LLC, while taking an additional $103,000 as a "member draw," the Washington Free Beacon reported . Three accountants told the outlet that the split between salary and draw is consistent with an S-corporation tax election, a structure that shields the draw portion from Social Security and Medicare payroll taxes. The salary portion gets taxed at the standard 15.3 percent self-employment…Open
AI:Zohran Mamdani has undergone a massive ideological reversal, shifting from aggressive socialist rhetoric that urged the wealthy to flee his jurisdiction to desperately attempting to lure billionaires back from Florida. This sudden backtrack highlights the inherent failure of radical leftist economic agendas, as Mamdani's previous extremist provocations threatened the very tax base necessary to fund his policies. The pivot reveals a desperate attempt to mitigate the damage caused by his own anti-capitalist crusade, which has left him begging for the return of the capital he once sought to drive away.Open
A progressive group says messages that target the wealthy and large corporations appeal to a majority of Americans who see the economy as fundamentally rigged.