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Restoring Home Ownership as Part of The American Dream
A new property tax revolt is sweeping the country, not unlike the first property tax revolt launched by Proposition 13 in California in 1978. Many homeowners have seen their property taxes skyrocket in recent years. Homeowners are challenging inflationary increases in their property taxes both through their state legislatures and at the ballot box. In some states citizens are demanding not just reform but rather elimination of property taxes. Other proposed reforms address th
Barry Poulson
12 hours ago1 min read
The New Property Tax Revolt in Texas
Texas citizens have launched a new property tax revolt not unlike that launched by Prop 13 in California in the 1970s. Governor Abbot recently called a special session of the Texas legislature to enact property tax reforms. This year Texas citizens have used the initiative process to propose seventeen new amendments to the constitution, some of which are designed to provide tax relief.
Dan Rene
12 hours ago2 min read
Make Houses Our Castles By Rethinking How We Tax Homes
In the past, home ownership has been an important part of the American dream. Buying a home was the most important investment decision that citizens made. That investment could provide for one’s retirement; and equity in the home could be used to borrow for education, health care, and emergency expenditures.
Barry Poulson
Nov 263 min read
Social & Commentary
Restoring Home Ownership as Part of The American Dream
A new property tax revolt is sweeping the country, not unlike the first property tax revolt launched by Proposition 13 in California in 1978. Many homeowners have seen their property taxes skyrocket in recent years. Homeowners are challenging inflationary increases in their property taxes both through their state legislatures and at the ballot box. In some states citizens are demanding not just reform but rather elimination of property taxes. Other proposed reforms address th
12 hours ago
The New Property Tax Revolt in Texas
Texas citizens have launched a new property tax revolt not unlike that launched by Prop 13 in California in the 1970s. Governor Abbot recently called a special session of the Texas legislature to enact property tax reforms. This year Texas citizens have used the initiative process to propose seventeen new amendments to the constitution, some of which are designed to provide tax relief.
12 hours ago
Make Houses Our Castles By Rethinking How We Tax Homes
In the past, home ownership has been an important part of the American dream. Buying a home was the most important investment decision that citizens made. That investment could provide for one’s retirement; and equity in the home could be used to borrow for education, health care, and emergency expenditures.
Nov 26
The New Property Tax Revolt: No Taxation Without Consent
American colonists revolted against the British government under the banner "no taxation without representation." The banner for the new property tax revolt in America is "no taxation without consent."
Nov 16
Trade Wars Have Undermined the Dollar Exchange System
Financial markets just sent a wakeup call to the U.S. Eleven nations in the Commonwealth of Independent States (CIS), including Ukraine, eliminated the dollar as a reserve currency. This is the most recent signal of fundamental changes in the dollar exchange system. Other countries, most notably the BRIC nations, are aggressively expanding the use of their own currencies, especially the Yuan, as reserve currencies and as a medium of exchange.
Oct 19
Charlie Kirk Was Right; Soaking the Rich is a Losing Proposition: Evidence from Colorado
The left wants to soak the rich by imposing high-income tax rates on upper-income families. Some even advocate the punitive income tax rates that were in effect after World War Two. Of course, upper-income families found ways to avoid such high-income tax rates through loopholes and deductions. But high income tax rates imposed on high income families have perverse effects that the left chooses to ignore. This is clear in the experience of Colorado with graduated income tax r
Oct 7
Direct Democracy Can Save Younger Generations From Penury
The assassination of Charlie Kirk has awakened Americans to the challenges facing younger generations. Throughout our history each new generation could expect to improve their income and wealth compared to older generations. But today younger generations are burdened by unprecedented levels of debt, many of them no longer share the American Dream of prosperity, and some of them now face a future of penury.
Oct 2
Prosperity for US Foundation Calls for Congress to End Looming Shutdowns and Stop Inflationary Overspending
The Prosperity for US Foundation, a national nonprofit 501(c)(3) dedicated to propelling the prosperity of American families by requiring voter approval for increasing property and other taxes, is calling for urgent reforms to stop Washington’s destructive cycle of brinksmanship, inflationary overspending, and reckless budgeting as the nation faces yet another looming government shutdown.
Sep 30
Prosperity for US Foundation Releases White Paper: The End of Reagan Era Diplomacy
The Prosperity for US Foundation, a national nonprofit 501(c)(3) dedicated to propelling the prosperity of American families by requiring voter approval for increasing property and other taxes, today released The End of Reagan Era Diplomacy, a new white paper by Admiral William A. Owens (USN, Ret.) and renowned economist Dr. Barry W. Poulson. The paper examines the collapse of arms control agreements that defined Reagan-era diplomacy, the resulting rise in global tensions, an
Sep 28
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