"Over the past 12 months, the sheer amount of revealed taxpayer dollars involved in fraud, bribes, and other illegalities by politicians and NGOs has been staggering. The fraud committed in Minnesota under Gov. Tim Walz, which now appears to outstrip the $9 billion initial estimate, appears to be dwarfed by new indications over CA Gov. Gavin Newsom's unaccounted for $70+ billion."
"The Big Beautiful Bill passed by Congress last year offered a number of federal tax relief measures for beleaguered taxpayers. However, tax rates in blue states that are still unconscionably high have not undergone similar reductions. In fact, these high state and local taxes are the major reason why "affordability" has continued to be an issue for those big city citizens in blue states."
"How Taxes Differ Across Various States The average federal tax paid per capita by US citizens is roughly $13,800 as of recent years, which may go down slightly thanks to BBB reductions on federal income tax for social security, tips, and some other areas. However, while the average state and local tax is approximately $7,100, the discrepancy is quite broad."
Over $70 billion in unaccounted taxpayer funds have been indicated in California, and reported fraud in Minnesota now exceeds an initial $9 billion estimate. Federal legislation provided targeted tax relief through the Big Beautiful Bill, reducing some federal income tax burdens for areas like social security and tips. State and local tax burdens average about $7,100 per capita but vary widely across states. Some states, such as Texas and Florida, have no state income tax. High cumulative taxes affect states like Hawaii. Local sales taxes and estate taxes further increase tax burdens and affordability challenges in many jurisdictions.
#tax-fraud-and-corruption #state-and-local-taxation #federal-tax-relief-bbb #affordability--cost-of-living
Read at 24/7 Wall St.
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