The new tax on luxury purchases of planes, boats, and high-end vehicles announced in the 2021 federal budget will negatively impact the sale of these items and reduce sales tax collected by federal and provincial governments, the Parliamentary Budget Officer (PBO) says. The Legislative Costing Note from the PBO estimates the measure would increase government coffers…
Planned Luxury Tax Would Reduce Sales and Tax Revenues: Budget Watchdog
Career Prosecutor Defeats George Soros-backed Candidate in Arkansas Race
In the first contested race in decades to be the top prosecutor of Arkansas’ largest judicial district, career prosecutor Will Jones prevailed against George Soros-backed progressive opponent Alicia Walton. Jones on May 24 received 30,696 votes, or 53 percent of votes cast, compared to Walton’s 26,695 votes in the nonpartisan race, according to the unofficial…
Career Prosecutor Defeats George Soros-backed Candidate in Arkansas Prosecuting Attorney Race
In the first contested race in decades to be the top prosecutor of Arkansas’ largest judicial district, career prosecutor Will Jones prevailed against George Soros-backed progressive opponent Alicia Walton. Jones on May 24 received 30,696 votes, or 53 percent of votes cast, compared to Walton’s 26,695 votes in the nonpartisan race, according to the unofficial…
In the Face of Food Inflation: Canned Food Is the Best for Storage, but Cook It This Way to Boost Nutrition
The United States is facing serious food inflation. PrepperWebsite.com host Todd Sepulveda recommends that budget-minded preppers start with a menu of necessary items such as dry food and canned goods, which are still plentiful at the grocery store. Canned foods, which can be preserved for a long time, are on the top of the food…
Taiwan Raids Chinese Firms in Latest Crackdown on Beijing’s Poaching of Chip Talent
Taiwan authorities this week raided 10 Chinese companies suspected of illegally poaching chip engineers and other tech talents, the island’s investigation bureau said on May 26. “The illegal poaching of Taiwan’s high-tech talent by Chinese companies has severely impacted our international competitiveness and endangered our national security,” the Ministry of Justice Investigation Bureau said in…
59-Year-Old Falun Gong Practitioner Dies After 14 Hours in Detention
May 27, 2022
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ChinaChina Human RightsChinese RegimeFalun Gongpersecutionreligious freedomSpecial Topicstoxic drugs
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In the early morning of March 28, 2022, Niu Lanyun, a female Falun Gong adherent, rappelled down her rental dwelling but was soon apprehended by the police and taken away. At about 6 a.m., a witness saw Niu climbing down a rope from the third floor, but the rope broke before she got to the…
Timeline of Texas School Shooting: What We Know so Far
A mass shooting at Robb Elementary School in Uvalde, Texas, resulted in the deaths of 19 children and two teachers on May 24. At least 17 others, including children, sustained non-life-threatening injuries. The massacre is the country’s second-deadliest K-12 school shooting on record, following the 2012 shooting at Sandy Hook Elementary in Newtown, Connecticut. Authorities identified Salvador…
Russia Mulls Allowing Cryptocurrency for International Payments: Ifax
May 27, 2022
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Business & Economycryptocurrencyeconomic policieseconomyEuropeInternationalMarketspaymentsRussiaRussia-Ukraine WarWorld
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Russia is considering allowing cryptocurrency to be used for international payments, Interfax news agency quoted a government official as saying on Friday. “The idea of using digital currencies in transactions for international settlements is being actively discussed,” Ivan Chebeskov, head of the finance ministry’s financial policy department, was quoted as saying. Russian officials are wrestling…
When Does It Make Sense to Refinance Your Mortgage
If you’re a homeowner with an existing mortgage, you might think you’re all set. But just because you have a mortgage locked in doesn’t necessarily mean it’s the best mortgage for your situation. Refinancing is a cost-effective and logical option in many cases, particularly in a market with low interest rates. What Does it Mean…
How Did the Pandemic Affect Orange County Cities’ Finances?
May 27, 2022
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fiscalLocal NewsOpinionOrange CountyOrange County CommunityRegional-Local NewsSouthern CaliforniaUSViewpoints
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Commentary The COVID-19 lockdown was ordered by Gov. Newsom on March 4, 2020. Seeing South Coast Plaza’s parking lot empty during the middle of the day was an eerie experience. Losing sales tax revenue certainly impacted Costa Mesa. Having the Angels play without fans in the seats, a convention center not hosting conventioneers or Disneyland…
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