Democrat Party

1763579545743.png
 
Yet ANOTHER Democrat arrested and EXPOSED
👇

DOJ charges Congresswoman Sheila Cherfilus-McCormick (D-FL) with stealing $5 million in FEMA funds, laundering the money, and using it to fund her 2021 Congressional campaign. She faces up to 53 years in prison.

1763606245938.png
 
#news Fast Fact: Gavin Newsom's California To Start Taxing Savings Accounts To Make Up for $30 Million Budget Deficit
#california
California Labor Unions have advanced a ballot initiative that would slap a one-time 5% tax on the savings accounts of the states residents to make up for overspending in other areas like illegal migrants.
#tax
The so- called 2026 Billionaire Tax Act, filed on October 21 by the Service Employees International Union (SEIU), will hit the ballot in November 2026 if enough signatures are collected.
Supporters of the bill say it is a 'fairness fix' so that way healthcare and education can continue to be provided free of charge to illegal migrants as federal funding cuts loom.
#healthcare
However, Carl DeMaio says it's a punitive "Savings Tax" that invades retirement accounts, homes, and everyday wealth-building efforts, that will take away the incentives that push people to make, build, create and save.
The measure would tax California residents with a net worth of more than $1 billion as of December 31, 2026—those living in the state on January 1, 2026.
It targets wealthy individuals, potentially raking in up to $25 billion for a dedicated fund that will most likely be used for illegal migrant services.
Critics say that the 'wealth' tax will then start being charged to people who are worth $1 Million, then $250,000 then everyone in the state.
#ChristinaAguayoNews
Details from the initiative:
🔸️
Virtually all forms of wealth qualify, from stocks and bonds to real estate, business interests, savings accounts, and retirement holdings.
🔸️
Net worth is calculated as total assets minus legitimate debts, with strict rules to prevent shielding via loans or offshore maneuvers.
🔸️
A flat 5% excise tax on net worth above the $1 billion threshold, with a slight taper for those just over the line (dropping by 0.1% for every $2 million below $1.1 billion).
🔸️
Married couples are assessed jointly, and certain trusts could opt in or face proportional hits if funded by billionaires.
🔸️
Limited breaks for qualified pensions and Roth IRAs (capped at $10 million aggregate), plus up to $5 million in other assets.
🔸️
Taxpayers can defer payment on some holdings with interest-like charges, but distributions trigger withholding.
🔸️
90% funneled to health care programs like Medi-Cal (Illegal migrant healthcare) to offset potential federal reductions, with 10% for K-12 education.
🔸️
The fund caps at $25 billion annually, for now.
The Franchise Tax Board would oversee collection, with steep fines—up to 40% of underpaid amounts—for evasion.
 

VApulls the plug on Biden’s $77M EV-charger earmark​


For immediate release


November 19, 2025


11:45 am



VA will instead ensure money is used to improve care and services for Veterans

WASHINGTON — The Department of Veterans Affairs today announced it has terminated a Biden-Administration mandate to spend $77 million on electric vehicle charging stations at VA facilities.

The money will instead be redirected to critical health care construction projects.

In fiscal year 2023, the Biden White House forced VA to divert $77 million from its construction and technology budget to build solar powered electric vehicle charging stations at VA facilities. The Democrat-controlled Congress approved this funding diversion, but the Biden Administration never spent any of the money, and not a single charging station was built.

The Democrats’ government shutdown this year gave VA the authority to return the $77 million to its construction and technology budget. VA Secretary Doug Collins exercised that authority Nov. 6, after deciding the money would be better spent on critical health care construction projects.

VA is still assessing how to reallocate all of the funding, but so far:

  • $10 million will be redirected to upgrading VA’s Friendship House compensated work therapy residence in Oklahoma City.
  • $21.3 million will be used to expand and renovate the MRI ward at the Providence VA Medical Center.
  • $13.8 million will go to upgrade the radiation oncology unit at the G.V. (Sonny) Montgomery VAMC in Jackson, Mississippi.

“In Joe Biden’s VA, the department was distracted by woke social-justice programs and green-energy boondoggles, but those days are long gone,” said VA Secretary Doug Collins. “VA exists to serve Veterans, and we’re making sure all of our resources go toward that noble purpose.”
 
Looks like Newscum missed out on one that some Democrats proposed prior, taxing unrealized capital gains---give him time, I'm sure he'll get around to that!
 
Last edited:
Back
Top