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Business owner leaves ‘unconstitutional’ millionaire tax behind for Texas

Business owner leaves 'unconstitutional' millionaire tax behind for Texas

A notable technology entrepreneur from Washington is part of a growing trend of business leaders leaving the state. They cite significant changes to the tax landscape, particularly following the enactment of a contentious “billionaire tax.” Jesse Proudman, who created Venice.ai— a platform focused on privacy-oriented generative AI— shared his concerns about what he once viewed […]

Dana White Reaches Out to President Trump for Help on Eliminating Gambling Tax Clause

Dana White Reaches Out to President Trump for Help on Eliminating Gambling Tax Clause

UFC President Dana White Appeals to Trump on Gambling Tax Limit Dana White, the President of UFC, reached out to President Donald Trump in a letter, urging him to convince Congress to revisit the One Big Beautiful Bill Act (OBBBA). This legislation restricts gambling loss deductions to just 90%. White expressed his concern that the […]

Starbucks exits as Washington introduces new 9.9% tax on millionaires

Starbucks exits as Washington introduces new 9.9% tax on millionaires

Seattle Lawmaker Addresses Concerns Over Millionaires Tax A Washington state lawmaker backing the new “millionaires tax” is downplaying worries that taxing high earners will drive wealthy individuals and businesses out of the area. State Senator Jamie Pedersen, representing Seattle’s 43rd Legislative District, confidently stated, “The reality is that the billionaire tax is unlikely to cause […]

Texas Governor Abbott brings in New York companies in response to Mamdani’s tax plans

Texas Governor Abbott brings in New York companies in response to Mamdani's tax plans

New York Leaders Address Wealth Migration Amid Tax Hikes New York state officials, notably Mayor Zoran Mamdani and Governor Kathy Hochul, are confronting a troubling trend of wealth exiting the state as tax policies pushed by Democrats intensify. Former Boca Raton Mayor Scott Singer has pointed out that the state’s steep taxes are driving businesses […]

Trump indicates he plans to pause the federal gas tax.

Trump indicates he plans to pause the federal gas tax.

Trump Proposes Gas Tax Suspension Amid Soaring Prices In a recent phone interview with CBS News, President Donald Trump revealed plans to suspend the federal gasoline tax in a bid to tackle rising fuel prices. Since the onset of conflict in Iran on February 28, gasoline prices have surged over 50%, reaching an average of […]

Gavin Newsom is urged to eliminate gas tax as Trump takes action

Gavin Newsom is urged to eliminate gas tax as Trump takes action

Governor Gavin Newsom of California is under increasing pressure to provide relief to residents grappling with the highest gas prices in the nation, especially after President Trump announced plans to temporarily suspend the federal gas tax. On Monday, Trump stated he wanted to “remove the gas tax for a period of time,” though he acknowledged […]