Supporters of a plan for California to secede from the union took their first formal step Monday morning, submitting a proposed ballot measure to the state attorney general’s office in the hopes of a statewide vote as soon as 2018.
Marcus Ruiz Evans, the vice president and co-founder of Yes California, said his group had been planning to wait for a later election, but the presidential election of Donald Trump sped up the timeline.
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Time For Truth: (LA Times) – Secessionists formally launch quest for California's independence
A group of researchers in Oxford University, England have suggested that imposing a massive tax on carbon intensive foods – specifically protein rich foods like meat and dairy – could help combat climate change.
Pricing food according to its climate impacts could save half a million lives and one billion tonnes of greenhouse gas emissions
Nearly seven years after it applied to the IRS for nonprofit status, the Albuquerque Tea Party has finally been given a decision: Denied.
The tax agency, under orders from a federal judge, is belatedly tackling the remaining tea party cases that it delayed for years, and so far the tea party isn’t doing well. Only one of the three groups in the case was approved, and the other two, including Albuquerque, got notices of proposed denials last week.
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Time For Truth: (The Washington Times) – IRS denies tea party groups after long wait for decision on tax-exempt status
The debate over whether sugary beverages should be heavily taxed is scheduled to be taken up by the Cook County Board of Commissioners in Chicago.
Board President Toni Preckwinkle has proposed a tax designed to raise revenue, but it’s being promoted as a way to reduce soda consumption and in turn improve public health.
In Greece’s ongoing collapse into utter farce, The Greek finance ministry confirmed some more details of the long-planned registration of all kinds of private wealth that will go into effect in February 2017. As KeepTalkingGreece reports, more than 8,500,000 tax payers registered in Greece will be called to declare all moveable and immovable assets, their total “wealth”, and even cash they possess even if it is below 100 euro. Furthermore, the taxpayers will have to register changes in their assets when they occur and not annually.
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Time For Truth: (Zero Hedge) – Wealth Tax Looms As Greeks Forced To Declare All 'Assets' To Tax Authority (08-2016)