A Record Buyout Is Just the
Start as Wealthy Flee Tax Hike
Posted By: AltaD, 6/23/2021 11:59:51 AM
For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash out billions. (Snip) The threat of subjecting billions in proceeds to additional capital gains taxes motivated the clan to get it done before the end of 2021, when higher rates could take effect, the people said. Such maneuvers are suddenly in the works throughout the opaque world of private U.S. corporations, as founders
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For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s Chicago apron business into a medical supplier that ranked among the nation’s largest private companies. But soon after Democrats turned their attention toward raising taxes for the wealthy this year, the family signed a deal to cash out billions. (Snip) The threat of subjecting billions in proceeds to additional capital gains taxes motivated the clan to get it done before the end of 2021, when higher rates could take effect, the people said. Such maneuvers are suddenly in the works throughout the opaque world of private U.S. corporations, as founders
Chicago — A veteran mail carrier is fed up and speaking out – exposing the behind-the-scenes issues affecting mail delivery. (Snip) The carrier, who wants to remain anonymous, believes the severe USPS staffing shortage is partially due to the emergency federal employee leave enacted this year – which gives postal workers up to 600 hours of paid leave for COVID-related reasons. That’s right, 600 hours – roughly four months of paid time off if employees qualify. “There’s rumors that people that’s using that COVID leave don’t need it,” the carrier said. And that’s not all. The carrier said his supervisor told him package delivery is now a priority over first-class mail.
The head of a New York City-based nonprofit that directed hundreds of thousands of dollars in federal grant money to the Wuhan Institute of Virology is no longer part of a UN-backed commission examining the origins of the coronavirus pandemic.(Snip) Earlier this month, Vanity Fair reported that Dazsak helped organize a statement signed by 27 leading scientists that appeared in The Lancet — a prestigious British medical journal — in February 2020. The statement condemned what it called “conspiracy theories suggesting that COVID-19 does not have a natural origin” and proclaimed “solidarity with all scientists and health professionals in China.”
I used to think corporate bureaucracy was bad because it’s inefficient. That’s true, but it’s not the biggest problem. Rather, there’s a new invisible force at work in the highest ranks of corporate America, one far more nefarious. It’s the defining scam of our time — one that robs you of not only your money, but your voice and your identity. (Snip) This new woke-industrial Leviathan gains its power by dividing us as a people. When corporations tell us what social values we’re supposed to adopt, they take America as a whole and divide us into tribes.
A Chicago city official heavily criticized Democratic Mayor Lori Lightfoot’s claim that racism was to blame for the challenges facing the city, declaring it a “public health crisis.”(Snip)Alderman Raymond Lopez of Chicago’s 15th Ward, however, says gang violence is to blame for the problems faced by minority residents.
“Generational gang life isn’t just something that’s encouraged. It’s almost revered in some neighborhoods,” Lopez told the Washington Examiner. “If you really want to get to what is at the heart of a lot of this, it is gangs, and it is the borderline collapse of the family unit in many of our neighborhoods … [Lightfoot] has avoided calling out gangs
Illinois Gov. JB Pritzker signed a law on Thursday expanding curbside voting and establishing permanent vote by mail.
Senate Bill 825 lays out procedures for election authorities to establish curbside voting during early voting or on Election Day.(Snip)The bill also directs authorities to establish central polling places where “all voters in its jurisdiction are allowed to vote on election day … regardless of the precinct in which they are registered,” according to its text.
The measure also allows sheriffs to establish temporary polling locations at county jails. These sites would be available to people who live in the county and are in custody, but have not been convicted
Chicago alderman rips Lightfoot
after 'completely hypocritical'
new demand for federal crime help 4 replies
after 'completely hypocritical'
new demand for federal crime help 4 replies
Chicago - A Democratic Chicago alderman sounded off Thursday after the Democratic Mayor Lori Lightfoot appeared to reverse her previous refusal to seek or accept federal assistance in quashing gun violence by calling for a "united front" between the city and Washington, D.C.(Snip)"It's completely hypocritical from this mayor that didn't want help from President Trump—whom I was not a fan of—but now needs help from Joe Biden," he told Fox News anchor Martha MacCallum. "Clearly the politics of it was more important than saving peoples' lives." Lopez, one of 50 members of a city council that lacks a single Republican alderman, added that Chicago is on pace
Rachelle Zola had never been to Chicago. She didn’t have friends or family here. But in summer 2019, she bought a 1969 Mercury Sable with no heat and an oil leak, and drove here from Tucson, Arizona, with a single goal. Zola, who is 73 and white, wanted to live among Black and brown people.(Snip)She embarked on a hunger strike on behalf of one of the most ambitious and elusive goals of the U.S. racial justice movement: reparations — or making amends through payments or policy — to Black people for slavery.Bright-eyed and energetic during a recent interview, Zola has made it to Day 32 of her all-liquid diet of
North Korean defector says 'even
North Korea was not this nuts' after
attending Ivy League school 12 replies
North Korea was not this nuts' after
attending Ivy League school 12 replies
As American educational institutions continue to be called into question, a North Korean defector fears the United States' future "is as bleak as North Korea" after she attended one of the country's most prestigious universities.
Yeonmi Park has experienced plenty of struggle and hardship, but she does not call herself a victim.
One of several hundred North Korean defectors settled in the United States, Park, 27, transferred to Columbia University from a South Korean university in 2016 and was deeply disturbed by what she found.
"I expected that I was paying this fortune, all this time and energy, to learn how to think. But they are forcing you
Almost a year since Nini’s Deli closed in West Town after a series of anti-Black, Islamaphobic, and homophobic comments made by the owners, the once much-hyped empanada and sandwich shop is planning a return on July 6, and the announced caused an eruption Wednesday from angry Chicagoans who took to social media to show their displeasure with owner Juan “Juany” Riesco.(Snip)He said he felt pressured to make a public statement backing Black Lives Matter but disagreed with the group’s support of LGBTQ and abortion rights, two tenets Riesco’s church opposed. He refused to buckle to public outcry which he said was mounting as George Floyd’s murder happened the week before.
Gary Gensler thought he had all the answers when he took the helm at the Securities and Exchange Commission this spring. (Snip) Then the meme-stock frenzy came roaring back, and Gensler was reminded that being the sheriff of Wall Street means you get held accountable when bad stuff happens on your watch. (Snip) here is an easy way for Gensler to avoid being the next market scapegoat: He should pick up the phone and call Fed Chair Jerome Powell. Then Gensler can alert Powell that printing money always leads to speculative bubbles and investor losses. If Powell normalizes now, the meme bubble might burst on its own
Before her death Saturday at 92, Sister Mary Joseph of the Trinity, O.C.D. , was the world’s most unlikely nun — a former millionaire with 10 children, 28 grandchildren and 16 great-grandchildren. (Snip) The deeply religious couple made a pact that, if one died, the other would join a religious order. When Richard died of cancer in 1984, Ann Miller did exactly that, giving away all her riches and joining the Carmelite Monastery of St. Joseph in Des Plaines, five years after her husband’s death.
She entered self-imposed withdrawal by joining the contemplative cloistered order, able to leave only for medical treatment.
Most Active Articles (last 48 hours)
Sen. Joe Manchin (D-WV) caved under pressure from Senate Majority Leader Chuck Schumer (D-NY) Tuesday, agreeing to vote to advance the federal takeover of elections legislation.The deal entailed Manchin being the 50th Democrat vote to advance the “For the People Act,” which still must survive a Republican filibuster during a procedural hurdle, is an exchange for a vote on Manchin’s alterations to the legislation if Republicans cave and support debating the legislation.“Today I will vote ‘YES’ to move to debate this updated voting legislation as a substitute amendment to ensure every eligible voter is able to cast their ballot and participate in our great democracy,” he explained, adding:
Educators around the country have come out to condemn a 'Dismantling Racism in Mathematics' program which tells teachers not to push students to find the correct answers to math problems because doing so promotes white supremacy.
The program is centered around a workbook for teachers entitled 'A Pathway to Equitable Math Instruction' which asserts that America's education system – even mathematics instruction – reinforces the dominant power structures of white colonizers.
Grading students, asking them to show their work, requiring participation and even pushing them to get the right answer are depicted in the workbook as harmful to minorities.
Biden to gun owners: If you want to take on the U.S.
government, you'd better have F-15s and nukes 45 replies
government, you'd better have F-15s and nukes 45 replies
“This isn’t the first time Biden’s warned the gov’t would use every weapon in its arsenal against Americans,” quipped Tom Elliott, remembering how Biden said something like this at a rally early last year.
Maybe the Second Amendment should be extended to include F-15s.
Seriously, though, this dumb gun-control talking point is deathless even though it’s never been clearer how untrue it is. Watch, then read on. There are many lessons to be learned from America’s adventure in Afghanistan but an easy one is that a crudely equipped force using guerrilla tactics is fully capable of prevailing over one with superior firepower. That lesson should have been clear already from Vietnam
Cornell University has introduced an astronomy course to explore the connection between the term black holes and “racial blackness” — proof, say critics, that even the hard sciences aren’t immune to universal “racial hysteria.”The course, titled “Black Holes: Race and the Cosmos,” uses work from black studies theorists, artists and fiction writers to challenge “conventional wisdom” about the role that race plays in astronomy.“Conventional wisdom would have it that the ‘black’ in black holes has nothing to do with race. Surely there can be no connection between the cosmos and the idea of racial blackness. Can there?” reads the college catalog description.
Biden Threatens to Nuke Americans but Manages
to Blow Up a Big Democrat Narrative Instead 35 replies
to Blow Up a Big Democrat Narrative Instead 35 replies
Earlier today, as RedState reported, Joe Biden launched into another dementia-laden rant where he talked about nuking Americans and shooting deer in kevlar vests. No, I’m not being facetious. That actually happened (see Biden Accidently Makes Best Ever for Second Amendment in Speech Promoting Gun Control Initiatives).
In one of the best arguments for the Second Amendment ever spoken by a president, Biden asserted that no one can stand up to the government without F-15s and nuclear weapons. He seems to have a thing for the F-15, having mentioned it several times in this context and perhaps not realizing that the U.S. Military has an array of other fighter-bombers to murder
President Biden warned Americans to brace for a summer of violence as this year's pandemic reopening would exaggerate the usual seasonal increase in attacks as he on Wednesday laid out plans to tackle the country's 'epidemic' of violent crime. But his proposals to focus on dealers rather than criminals and his mockery for gun advocates brought a rapid backlash from Republicans who accused him of bowing to his parties radical wing.He promised 'zero tolerance' for dealers who break the rules but also mocked Americans who believe they need firearms to protect their rights from the government.
Last week, the star made headlines when she wrote an op-ed for MarketWatch in which she suggested that the American flag be redesigned, as the current design has become "tattered, dated, divisive, and incorrect," alleging that it has "replaced" the confederate flag as a symbol of racism and hate.
Reactions to the "I Try" singer's suggestion were mixed, but certainly caused a stir on social media, and now, in an interview with TMZ, Gray has continued to defend her criticism and expanded on her call for a redesign.
On the eve of a stinging defeat for Democrats Barack Obama has surfaced. Their efforts to ram an election rigging bill that is dishonestly being marketed as “voting rights” legislation has run up against a Senate filibuster. Obama is demanding that the “For The People Act” be passed before the 2022 midterms. The former president is almost certainly pulling Joe Biden’s strings. His doddering front man is advancing a decidedly anti-American set of policies that would fundamentally transform the nation. That’s why he slithered out to claim that the legislation must be passed in order to protect “democracy”. This term has been hijacked by the usurpers and now means
Rudy Giuliani’s law license was suspended by the New York Supreme Court on Thursday for making false statements related to voter fraud in the 2020 presidential election, according to court papers.The court ruled there is “uncontroverted evidence” that Giuliani made false statements while he was acting as legal counsel for former President Donald Trump.“These false statements were made to improperly bolster respondent’s narrative that due to widespread voter fraud, victory in the 2020 United States presidential election was stolen from his client,” the ruling stated.
Joel Davis was a Hillary Clinton Campaign officials and founder of the organization “Youth to end Sexual Violence.” Joel was arrested in 2018 after engaging in sex with a child. Davis also had over 3,700 images and more than 330 videos of child pornography, including numerous images of prepubescent minors who had not attained 12 years of age.
A liberal arts college in Massachusetts has warned its students and faculty against using 'violent language'—even banning the phrase 'trigger warning' for its association with guns. Brandeis University in Waltham has created an anti-violence resource called the Prevention, Advocacy & Resource Center which provides information and advice to students and staff.(Snip) The college claims that 'picnic is often associated with lynchings of black people in the United States, during which white spectators were said to have watched while eating, referring to them as picnics or other terms involving racial slurs against black people.'
Picnic is derived from the French 'pique-nique,'
On Wednesday, a grandmother of 5 from Indiana, Anna Morgan Lloyd will plead guilty to one misdemeanor charge for ‘demonstrating in a capitol building” in exchange for 3 years of probation and a $500 fine.This is only after the politicized Biden-DOJ held her in jail for 2 days, letting her go after she had “expressed contrition for her conduct.” CORRECTION*
Comments:
* Michelle F. Davis and Devon Pendleton