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Blue State Revenues Fall off A Cliff

By contrast, tax revenue in Florida is wildly exceeding forecasts.
NY state tax collections, on the other hand, are running 32.2% lower than a year ago, with personal income tax revenue lagging 45%.

Report: Biden Democrats’ MASSIVE SPENDING Bill Will Lead to Loss of 5.3M Jobs, $3.7T in Debt

Top marginal income tax rates with federal, state, and local taxes are over 65%

Corporate tax rate up by a quarter to 26.5% for third highest combined rate of 30.9% in OECD

Marginal tax rate increase of 13 percentage points on some households

Capital gains tax rate up by 25% • Marginal income tax rate on some small businesses raised by 24%

Multiple severe marriage penalties are imposed

Effective tax rate on large estates before state and local taxes is 61.1%

Taxes raised on tobacco and vapor products, primarily used by those earning less than $400,000 • International taxes on businesses raised by over 20%

$6.89 tax raised per barrel on imported petroleum and increase tax with inflation

Capital gains tax rate increased, unrealized gains taxed at death, death tax increased, and step-up basis eliminated

Cap on SALT deduction removed

Redistributing $6.2 trillion in government spending slows growth

TYRANNY:’Biden’s’ IRS and U.S. Treasury Seeks To Monitor Every Bank Account With Over $600 And Report It To The IRS

It’s important to point out the Democrat-criminal-media has given this unprecedented power grab and seizure of our privacy rights no media coverage.

The fraudulent regime means to gain access to all your financial data – knowing EVERYTHING about you, where you go, what you buy, who you see, everything you do.

America’s Destruction Plan: “American Families Plan” Would Put 21 Million More People On Welfare: Analysts

A dependent nation is an enslaved nation. Why do you call someone taken care of by the government by the cradle to the grave? A slave.

This is the Democrat plot to destroy this nation. Individual rights and property rights, the basic pillars of our Constitutional republic will be a thing of the past.