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Democrats

California Dems want to give millionaires and billionaires a tax cut

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In a recent article published by the Orange County Register, they reported that:

California Democrats are toying with a brash scheme to skirt a new federal cap on state and local tax deductions: Instead of paying taxes to the Golden State, Californians would be allowed to donate the money to the state’s coffers — and deduct the entire sum from their federal taxes.

California lawmakers are considering a tax credit of 100 percent for the proposal — essentially allowing people to replace their tax payments with donations to a state fund.

The average state and local tax deduction for California filers — including income and property taxes — was $22,000, according to the state Department of Finance. The new federal law caps that deduction at $10,000, less than half of that amount.

Even though Democrats like Senate leader Kevin de León, also a candidate for U.S. Senate against fellow Democrat Dianne Feinstein, wants to portray himself as a champion of the people and the tip of the spear of the California anti-Trump resistance movement. In reality, his true intentions are to give a massive tax loophole for millionaires and billionaires.

Here is the truth. For most middle-class families they will not see their taxes go up. With increases in the child tax credit and the standardized deduction, many will benefit from the GOP tax plan; even in California.

Protecting the 1%

So who are the Dems and Kevin de León trying to protect? It’s the millionaire and billionaire class.

Do you think everyday middle-class families have their CPA or tax consultant continually running numbers and doing their accounting to make sure they donate the proper amount on or before December 31st?

Of course, they are not. You can’t go to your tax professional at your local H&R Block on April 15th and “supposedly donate” for the prior year. It doesn’t work that way. This plan is to protect as Bernie Sanders likes to say, the 1%.

The average family, Kevin de León is saying he wants to protect is a lie. They can’t afford the supposed tax hike, but can all of a sudden afford to pre-pay tens of thousands of dollars before the year-end to avoid paying higher federal taxes.

This is political grandstanding at its finest by Kevin de León. He wants to deceive voters into a narrative that he is a champion of the people and the leader of #Resist. Unfortunately for him, we know he is the same champion of the people that raised taxes on poor and working-class families in California with his gas and car registration tax hike.

So sorry Kevin, whatever you’re selling, we ain’t buying.

The Truth

Here’s the truth. California is highly dependent upon high-wage earners. Especially those millionaires and billionaires who invest in the stock market and have to pay hefty capital gains taxes. It might seem that these millionaires and billionaires would prefer to go to a state like Texas.  Since they are so successful and business savvy, why pay higher taxes in California?

Well, the truth is, they are going to have to pay high taxes anywhere they go. They can go to a place like Texas and pay less to the state and more to the federal government or live in the Golden State and pay that money to the state instead of the federal government. You’re paying that money in taxes anyway, do you really care which government agency it goes to?

Even though it might be cheaper with the cost of living and purchasing power between a state like Texas and California, to live in Texas over California, but for many, it is worth it to live in one of the most desirable places in the world and pay a bit more.

Remember these people are not living paycheck-to-paycheck, unlike many struggling families in California. They can afford it.

I understand this as a California resident that happens to live in a more affluent area. I pay a premium to live where I live, but it is worth it to me. I don’t want to move or live in another state or for the most part another region of the state. I love where I live.

But the thing is I’m not a 1%er, and it isn’t for lack of trying; it’s just reality. I’m single with no dependents, and I am in the upper-middle class, so I have a higher amount of disposable income that makes it possible to live in California. I don’t have to deal with the realities of struggling working-class families.

The Reality

So even though the GOP tax plan will benefit the majority of California families., the reality is for the 1% the GOP tax plan will hurt those high-wage earners living in a high-taxed state like California. The extra tax liability to these taxpayers could be in the millions.

You see, the 1% might be okay with spending tens of thousands of dollars more to live in California but what do you think will happen when their CPA comes back and says, Mr. & Mrs. 1% you owe an extra $10 million in taxes this year because you live in California.

You might get, let’s buy a house in Florida or Texas and live there for six months and one day and then the rest of the time in California and save $10 million a year. Or let’s just leave California altogether.

You see California Democrats don’t like the new tax policy because now they will have to compete with other states. You see California Democrats like Kevin de León knew they could kick the can down the road with their terrible policies and get away with high taxes, reckless spending, taxpayer handouts to their corporate and union contributors under the old tax code.

Now that the gig is up, you see Democrats trying to give these millionaires and billionaires a massive tax cut loophole in the hopes of keeping them in California.

California Democrats need to realize that this scheme will not work and with a tax deduction over a tax credit on the federal side, which will be the feds countermeasure, or not recognizing it as a charitable deduction, it will still be economically advantageous for millionaires and billionaires to move. Just like it has been for the tens of thousands of working-class families that have left the state because of reckless economic policies.

If we don’t seriously address the high tax and reckless spending policies of the state, we will see a steady if not a rapid decline in California’s general fund and thus result in even higher state taxes and deeper cuts in services. Along with accelerating our looming pension crisis.

We have serious problems in California and we need serious people to fix these problems, instead of political grandstanders.

If California, wants to be competitive it needs to embrace fiscal responsibility. No other scheme or ploy will do.


Konstantinos Roditis is a candidate for California State Controller. You can learn more about his campaign at cacontroller.com, and you can follow him on Twitter & Facebook as well.

Democrats

If Kamala Harris didn’t know her senior aide was sued for harassment, then she’s unfit

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If Kamala Harris didnt know her senior aide was sued for harassment then shes unfit

Senator Kamala Harris, considered high on the long list of potential 2020 Presidential candidates, is caught in a tough situation. one of her top aides, Larry Wallace, settled a lawsuit against him alleging he sexually harassed his executive assistant. Harris claims she didn’t know about it. Being unaware of incidents that were reported to her staff may be worse than knowing about it and doing nothing.

Kamala Harris aide resigns over $400G harassment settlement

https://www.foxnews.com/politics/kamala-harris-aide-resigns-over-harrassment-asettlementA senior adviser to U.S. Sen. Kamala Harris, D-Calif., resigned Wednesday over inquiries about a $400,000 harassment lawsuit against him while working at the California Department of Justice.

Larry Wallace resigned after the Sacramento Bee asked about the 2017 settlement, the paper reported.

“We were unaware of this issue and take accusations of harassment extremely seriously,” Harris spokeswoman Lily Adams said. “This evening, Mr. Wallace offered his resignation to the senator, and she accepted it.”

The lawsuit filed by Danielle Hartley accused Wallace of demeaning her based on her gender while she worked for him as his assistant.

Either she’s lying or incompetent. There’s no in-between on this one. If she knew about it and hoped the non-disclosure agreement signed by the alleged victim, Danielle Hartley, would keep it out of the press, she’s lying now. A spokesperson for Senator Harris claims the entire staff unaware of the issue.

It’s far-fetched, but here’s the thing. If we give her and her staff the benefit of the doubt and stipulate that they were all completely unaware, then that says something loud and clear about a person who wants to be President of the United States. She can’t be.

Running the executive branch of government is much more difficult than keeping track of whether or not top aides are sexually harassing their staff or settling lawsuits. By claiming ignorance, she’s demonstrating incompetence.

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Democrats

Trump, feckless Republicans, and the advance of Democratic socialism

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Trump feckless Republicans and the advance of Democratic socialism

When Trump and the GOP helped Nancy Pelosi and the Democrats take 40 House seats in November — the most seats picked up by the Democrats in a mid-term since Watergate — they helped usher in a new era of extreme-left policies.

One of the benefactors in this transformation of Congress was the Democratic Socialist movement taking place within the Democrat party. In the 2018 election season, candidates endorsed by the Democratic Socialists of America (DSA) won in numbers significant enough to dictate policy and establish itself as the new base of the party.

Even before the new Congress opens for business, Nancy Pelosi has let it be known that many of the pet projects of the Democrat’s socialist agenda will be revisited, including:

Unfortunately, Trump and the new GOP “leadership” team of Kevin McCarthy and Mitch McConnell are on the same page as their Democrat counterparts on these issues.

On the global warming front, one of the fresh faces of Democratic Socialists is Representative-elect Alexandria Ocasio-Cortez (NY), and she’s the brainchild — a term I use loosely — behind the effort to create the Green New Deal, which urges lawmakers to pass legislation forcing the U.S. to become 100% dependent on green energy.

Former Vice President and current High Priest of the Church of Global Warming Al Gore is orgasmic with excitement to see his fake climate science back in the spotlight, and he gave the Green New Deal his blessing.

By the way, Trump has let his daughter Ivanka set global warming policy, and shortly after his victory in 2016 she and Daddy met with Rev. Gore to discuss climate issues. When asked afterward how the meeting went, Gore said, “The bulk of the time was spent with the president-elect, Donald Trump. I found it an extremely interesting conversation, and to be continued.”

Earlier this year, I wrote a piece warning that the United Socialist States of America was closer than we realized and how a Blue Tsunami in November would give rise to Democratic socialism and a revived extreme-left agenda. I’m sad to say this is exactly what happened.

Unfortunately, with Trump already talking about building a “beautiful relationship with Pelosi” in order to grab a few policy “victories” for his 2020 campaign, and with the same tired leadership controlling the GOP in Congress, the USSA really could be just around the bend.

Originally posted on StridentConservative.com.

 


David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

Follow the Strident Conservative on Twitter and Facebook.

Subscribe to receive podcasts of radio commentaries: iTunes | Stitcher | Tune In | RSS

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Democrats

Katie Brennan story would be nationally covered if her alleged rapist were a Republican

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Katie Brennan story would be nationally covered if her alleged rapist were a Republican

Katie Brennan claims she was raped. She reported the incident to the police. After their investigation, they said there wasn’t enough evidence to arrest and convict her alleged rapist. Undaunted, Brennan worked her way up the ladder until finally calling on Governor Phil Murphy himself, a man she volunteered for in his election campaign, to meet with her and discuss the alleged rapist on his payroll.

Unfortunately for Brennan, the chief of staff at the state’s housing agency and a former volunteer for the governor’s campaign, she was accusing a powerful Democrat in deep-blue New Jersey. There was little chance she was going to be heard by anyone in public office, so she did what she hoped wouldn’t be necessary. She contacted the press.

A Sexual-Assault Accusation in New Jersey Spotlights a National Dilemma

https://www.wsj.com/articles/a-sexual-assault-accusation-in-new-jersey-exposes-a-national-dilemma-1539542172A meeting with the governor was never scheduled. And months later, the man, Albert J. Alvarez, was still working for the state, as chief of staff at the New Jersey Schools Development Authority. Mr. Alvarez resigned his position Oct. 2, the same day the Journal emailed him for comment.

“At each turn, I’ve just felt so disappointed,” Ms. Brennan said in an interview. “I tried everything. And none of it worked. If I can’t get any justice, I just don’t seriously know who can.”

Now, she faces skepticism from many people who have claimed the #MeToo mantle as their own. It caught her by surprise. In her public hearing yesterday, she told the story from the time of the alleged rape all the way through to now.

“I thought if any administration could make progressive reforms, it would be this one,” Brennan said during her testimony.

She has every right to be baffled by the way she has been treated, even recently. The attorney general found no wrongdoing by the district attorney who turned her away and refused to file charges against her alleged rapist, Al Alvarez. How they came to that conclusion without even attempting to interview Brennan herself is unfathomable.

Putting together the pieces, it’s starting to make more sense. The last thing any Democratic lawmaker in the state of New Jersey wants is for their boss to be seen as ignoring a sexual assault allegation against one of his top staffers made by a former campaign volunteer.

Katie Brennan Responds To AG’s Finding In Review Of Rape Allegation Investigation

https://www.insidernj.com/katie-brennan-responds-ags-finding-review-rape-allegation-investigation/“The integrity of every government body involved in the Attorney General’s investigation has been called into question. I am deeply discouraged that the Attorney General’s Office could rush to its conclusion without the Attorney General or Office of Public Integrity and Accountability ever even requesting to speak with me. They have not heard my story directly. They have not allowed my concerns to be heard or asked me any clarifying questions.

“Had I been asked, I would have told them that, contrary to some reports, the first and only time I met Prosecutor Suarez was at a dinner on August 30, 2018.

My Take

This is purely political, 100%. I was shocked it wasn’t getting national attention back in October when the WSJ article first dropped.

Why isn’t Katie Brennan’s #MeToo accusation getting national attention?

http://noqreport.com/2018/10/15/isnt-katie-brennans-metoo-accusation-getting-national-attention/It’s the type of story that should have received national attention immediately. It was sourced by a respected major news outlet, the Wall Street Journal. Both the accuser and the accused are high-ranking public official in New Jersey’s government. The accused stepped down two weeks ago when approached by WSJ for comment. Katie Brennan’s story is a major newsworthy scandal.

As of Monday morning, a day after the story officially broke and four days after it was leaked to other major news outlets, both mainstream media and the #MeToo movement are essentially silent.

As I did in October, I waited a day before writing about this because I assumed, surely this time leftist mainstream media could no longer ignore this story. Searches for “Katie Brennan” on Google News today reveal it’s still essential only being covered by local press. The networks aren’t picking it up. Outlets like the NY Times and WaPo aren’t picking it up. The Wall Street Journal continues to cover it, but Politico is the only major left-leaning outlet to even mention Katie Brennan.

It’s an extremely credible story of a woman allegedly raped by a powerful man protected by his cohorts in government. If it was a Republican rapist protected by a Republican governor, this would be huge. Instead, media is sweeping it under the rug.

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