Tag: Taxes

CA Makes More Per Gallon of Gas in Taxes Than Oil Companies Do in Profit

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When it comes to gas and oil prices, Democrats in California are facing increasing push-back, as the U.S. Oil and Gas Association and others blast claims that the Iran conflict, President Trump, or so-called corporate greed are responsible for the state’s prices, which are among the highest in the nation.  Advertisement Governor Gavin Newsom’s Press Office thought it would test its luck against Chevron, writing on X, “While America suffers, Chevron profits.”

For emphasis, the governor posted a picture of a Reuters article stating that Chevron expects to earn between $1.6 billion and $2.2 billion in the first quarter of 2026.  However, they got absolutely destroyed by a community note pointing out that the State of California actually makes more profit per gallon of gas than any gas company does in the state.

Source: CA Makes More Per Gallon of Gas in Taxes Than Oil Companies Do in Profit

Treasures of wickedness profit nothing, But righteousness delivers from death.
Proverbs 10:2

Democrats Turn to Unconstitutional Exit Taxes After Their Policies Drove the Wealthy Out of Blue States

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Democrats believe all our money belongs to them. They believe they have the moral and legal authority to take the money we earn and redistribute it to their preferred constituencies, while ignoring (or even facilitating) massive fraud and enriching themselves in the process.  Advertisement With the news of massive fraud scandals in Minnesota and California, it’s clear we don’t have a revenue problem; we have a fraud problem, and we’d bet the majority of our deficit could be erased if we eliminated fraud.

But Democrats don’t have any interest in doing that. They just keep taxing people more and more to make up for their fiscal mismanagement.  And when they raise taxes, the people who can afford to move from those blue states to tax-friendlier red states. That leaves the blue states with even more self-inflicted budget woes. Rather than roll back wealth taxes, Democrats have decided to tax the people even more in the form of an exit tax, and that concept is gaining traction in blue states.

Source: Democrats Turn to Unconstitutional Exit Taxes After Their Policies Drove the Wealthy Out of Blue States

Let not him who eats despise him who does not eat, and let not him who does not eat judge him who eats; for God has received him.
Romans 14:3

Property taxes are rising faster than inflation. See what homeowners pay across the U.S.

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Property taxes across the U.S. are rising faster than inflation, with the average homeowner last year paying $4,427, up 3.7% from 2024, according to a new analysis from real estate data firm ATTOM.  By comparison, the Consumer Price Index — a basket of commonly purchased goods and services — rose 2.7% last year. Homeowners in some states have faced considerably larger property tax increases, including an 18% hike in Delaware and an 11.6% jump in Maryland. Property taxes are typically levied by local governments to raise revenue for public services, including public schools, road construction, and police and fire departments. They account for 70 cents of every dollar in local tax collections, according to the nonpartisan Tax Foundation.

Source: Property taxes are rising faster than inflation. See what homeowners pay across the U.S. – CBS News

Your word is a lamp for my feet, a light on my path.
Psalm 119:105