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Charlie Kirk challenged the left’s attempts to soak the rich with higher taxes as self-defeating. There is no better example of this than the proposed billionaire’s tax in California. In the November 2026 election California citizens will vote on a ballot measure that would impose a one-time 5% tax on billionaires. The tax would be due in 2026, but billionaires would have the option of paying the wealth tax in annual installments of 1% over five years. The tax would be based

A Colorado citizens have launched a new property tax revolt not unlike that launched by Proposition 13 in California during the 1970s. Double digit inflation rates resulted in increased home values accompanied by sharp increase in assessed values and property taxes.

Across the nation, government and business leaders are engaged in an ongoing effort to stimulate economic recovery and growth. This should result in bringing prices down and thereby increasing the affordability of the costs of living and doing business. While the current annual inflation rate for the 12 months ending in November 2025 is down to 2.74% -- down from 3.0% in September, it is still above the 2 percent target inflation rate set by the Federal Reserve. [...]

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

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.

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.

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."

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.

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