August 17, 2020 – Patriots 4 Truth

California Set To Pass The Nation’s First Wealth Tax Targeting The Ultra Rich

August 17, 2020August 17, 2020 Patriots4Truth

It was about about nine years ago when consulting company BCG first suggested that in a time of out of control spending and soaring debt loads, the only fiscally sustainable “solution” was to implement a wealth tax (see “There May Be Only Painful Ways Out Of The Crisis“). While the idea was well ahead of its time in 2011, and was quickly shut down in the court of public opinion, several years later none other than the IMF resurrected the idea of a wealth tax, which has only gained momentum in…

American Passports Are Useless Now

August 17, 2020 Patriots4Truth

Becoming a United States citizen was meaningful to me for a great number of reasons. German by birth, I had come to feel at home in America, and to love it. For all the deep injustices that shape this country, I remained convinced that the United States was more likely than just about any other place in the world to build a thriving, diverse democracy. And when I wrote about the danger that right-wing populists like Donald Trump pose to the American republic, I cherished being able to speak about…