Democrats want all your stuff. They aren’t only interested in your money to redistribute. They want to tax your unrealized wealth in paintings, cars, boats, homes, and so on. Under such a plan, they tax valuables each year. They tax the gains as if they were sold. Gov. Spanberger of Virginia plans to have such a tax on some items. Democrats like to say it’s only on the rich, but when the rich flee, they go to the next level of wealth—every time. Their latest scheme is to pass wealth or exit taxes. It seems unconstitutional to me, but I am no lawyer. Democrats take money from those taxes and give it to donors or voting blocs. The recipients often kick some back or pledge their votes. Democrats ignore massive fraud in states like Minnesota, California, and others. We probably don’t have a revenue problem. It seems more like a corruption and spending problem with little or no oversight. The Democrats always have some morality narrative to justify their taxes, such as it’s patriotic or you’re too rich and you’re taking it from someone more deserving. Across the country, about ten [actually 12] states are looking into or have already passed an exit or wealth tax to combat revenue losses from residents fleeing their high taxes, writes Townhall. They are going to red states, which have lower taxes. A wealth tax tallies up the value of your home, your cars, your furniture, your assets, your stocks, your bonds, your art, and there is a tax on that value,” Sandra Swirski, Founder & CEO of Integer, told The National News Desk. Swirski said among the most prominent is California’s proposed “Billionaire Tax Act,” which would impose a one-time 5% tax on the total net worth of anyone worth over $1 billion living in the state. Which would impact at least 200 people. The value of these assets, your net worth, in some cases, is very easy to calculate, such as stocks, bonds, and the like. In other cases, it’s really difficult to calculate,” said Swirski. Another state, Washington, who just passed a 9.9% tax on incomes over $1 million. The bill’s passage came around the same time Starbucks CEO Howard Schultz, who has an estimated net worth of over $3 billion, announced his move to Florida. Across the country, at least ten states, including Washington, are now exploring or have already passed an exit or wealth tax to combat revenue losses from residents fleeing to lower tax areashttps://t.co/rSrea03PNm — KOMO News (@komonews) April 8, 2026 States with Notable “Exit Tax”-Like Rules California—0.4% net worth tax Applies to individuals with a net worth of over $30 million in a tax year, regardless of where the assets are located. Covers both U.S. and overseas assets. Can apply for up to 10 years after leaving 2. New Jersey—8.97% or 2% on home sale gains Requires former residents to withhold either 8.97% of the profit from selling a NJ home or 2% of the sale price, whichever is higher. This is tied to the sale of real estate in NJ, not just any move. Pennsylvania—Deemed sale provision No official exit tax, but if you sell property in PA after moving out, it may be treated as a sale for tax purposes, triggering capital gains tax New York – Aggressive enforcement of existing laws While no direct exit tax, NY aggressively audits moves to ensure you’ve truly severed ties, especially if you still have significant income or assets tied to the state. Every time I sold a house, I had to pay a large state tax. Other states with similar enforcement—Massachusetts, Connecticut, New Hampshire, Rhode Island, Vermont, New York, New Jersey, California are often cited for strict residency rules and tax collection on departing residents. How These “Exit Taxes” Work Capital gains on assets held in the state after leaving can be taxed. Deferred income (e.g., stock options, deferred compensation) paid after leaving may be taxed in the former state. Property sales in the state after moving out can trigger tax liability. Estate/inheritance taxes can also be considered an exit tax when property is transferred after death. [New York City hopes to tax inheritance 50% after taxing it all throughout the person’s lifetime.] California and New York City are considering taxing businesses and even individuals after they move. If you’re moving from a high-tax state to a low-tax one, you may still owe taxes in the former state. If you sold appreciated assets, earned deferred income, or sold property after leaving, you could be liable. California, New Jersey, and Pennsylvania have the most direct “exit tax”-like rules. Others like New York and Massachusetts enforce existing laws aggressively on departing residents.     The post Democrats Want All Your Stuff appeared first on www.independentsentinel.com.

Disney is reportedly planning to lay off up to 1,000 employees as the company undergoes restructuring following a leadership transition.  The cuts are expected to be concentrated in Disney’s corporate and entertainment divisions and not affect its theme parks, where the majority of its roughly 230,000 employees work. The layoffs were already underway before Josh D’Amaro assumed the CEO role and are part of a broader effort to streamline operations. The restructuring follows the appointment of Asad Ayaz as chief marketing and brand officer, according to an insider who spoke to The Wall Street Journal. The House of Mouse has reduced its workforce significantly in recent years, cutting more than 8,000 jobs since 2022 as part of a cost-saving initiative aimed at reducing expenses by $7.5 billion. The latest round of layoffs is reportedly part of an internal effort dubbed Project Imagine, which seeks to reduce costs and combine multiple departments, including employees from Disney+ and Hulu streaming services, into one team. The changes come as Disney faces increased competition in the streaming and entertainment space from companies like Netflix and Amazon. Separately, OpenAI recently announced it will shut down its Sora video app, a move that also disrupted a major $1 billion partnership with Disney tied to the technology. The WSJ noted that Disney’s stock price is way down, currently trading at around the same level as a decade ago, and this move is likely an effort to shake things up and reduce overall costs.  Layoffs have become increasingly common across the entertainment industry, with companies including Bad Robot, Sony Pictures, Paramount, and Warner Bros. Discovery all announcing cuts in recent months. Additional changes could follow if Warner Bros. Discovery moves forward with a potential sale.  Disney did not respond to The Daily Wire’s request for comment.

The U.S. fertility rate reached a record low in 2025, continuing a troubling trend as annual deaths are projected to exceed annual births in America within the next decade. Total births per 1,000 American women aged 15-44 dropped to 53.1 last year, according to data released Thursday by the Centers for Disease Control and Prevention. Last year also marked the first time in U.S. history that women in their late 30s had higher birth rates than women in their 20s, The Wall Street Journal reported. Recent projections from the Congressional Budget Office warn that, beginning in 2033, there will be more deaths reported in the United States than births. After 2032, U.S. population growth will be entirely dependent on net immigration, according to the Congressional Budget Office’s projections. The United States recorded just 514,000 more births than deaths in 2025. Striking CBO projection: by 2033, deaths will outpace births as a consequence of falling fertility. pic.twitter.com/FJ7lBJOvsB — Brad Wilcox (@BradWilcoxIFS) April 9, 2026 The U.S. fertility rate now stands at 1.57 births per woman, below the replacement level of 2.1 and among the lowest in the world. Data from 2023 showed that only eight countries, including Russia and China, had lower fertility rates than the United States. South Korea has the world’s lowest fertility rate at 0.80 births per woman in 2025, which was a slight increase from 0.75 in 2024 and 0.72 in 2023. The United Kingdom, Germany, the Netherlands, Canada, and Spain also have lower fertility rates than the United States. A big part of the declining U.S. fertility rate is the continued sharp decrease in births among young women and teenage girls. Since 2010, the birth rate among women between the ages of 20 and 24 dropped from nearly 100 births per 1,000 women to just over 50 births. For girls between 15 and 19, the birth rate has plummeted 72% since 2007. “People are waiting longer to enter parenthood and probably want to make sure that things are set in their lives before they do so. There might be a lot of uncertainty, and that might not be good for a society in general,” Wendy Manning, co-director of Bowling Green State University’s National Center for Family & Marriage Research, told the Journal. The Trump administration has expressed concern about America’s declining birth rate and has enacted policies to encourage more Americans to have babies. President Donald Trump’s “Big, Beautiful Bill,” passed by Congress last year, sets up $1,000 Trump accounts for babies born between 2025 and 2028 and increases the child tax credit. President Trump also signed an executive order in February 2025, seeking ways to lower costs for in vitro fertilization. “My Administration recognizes the importance of family formation, and as a Nation, our public policy must make it easier for loving and longing mothers and fathers to have children,” Trump’s order stated. Vice President JD Vance has also been outspoken in his desire to see more babies born in the United States. Speaking at the March for Life in January 2025, Vance told pro-life demonstrators, “Our society has failed to recognize the obligation that one generation has to another is a core part of living in a society to begin with, so let me say very simply, I want more babies in the United States of America.” “And I want beautiful young men and women who are eager to welcome them into the world and eager to raise them,” Vance added. “And it is the task of our government to make it easier [for] young moms and dads to afford to have kids, to bring them into the world, and to welcome them as the blessings we know they are.”

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