The Daily Signal

Virginia’s new Governor, Abigail Spanberger, openly admitted it’s good for the state to participate in the Regional Greenhouse Gas Initiative, not to protect the climate and environment, but rather because it’s a great “cash grab.”

 

Bonner Cohen, Ph.D., a senior fellow at the National Center for Public Policy Research, explains how Virginia’s participation in RGGI will raise energy costs, hurt low- and middle-income residents, and drive businesses out of the state, when he joined Joe Thomas, The Daily Signal’s Virginia correspondent, on his podcast today.

 

 “It’s not about saving the planet, and we have to be very careful about what we mean when we say it makes money for Virginia. Actually, it's ultimately going to cost Virginia rate payers who, as a result of RGGI, as well as a result of other energy policies she's imposing as well as taxes she plans to raise, these people are going to see their disposable incomes reduced and you have to ask the question: to what end?”



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California doesn’t “generate revenue”—it drains it. Taxes aren’t income, businesses create income, and Sacramento chased them out, argues Elaine Culotti, Daily Signal California commentator, on her podcast today: 

“The state itself does not create any revenue. The state builds nothing. The state earns nothing. The state is money out. It is capital outflow to pay for the state to survive. To pay for the infrastructure that it owes.”

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00:00 Introduction and Overview

01:06 California's Revenue Problem Explained

04:16 Impact of Bureaucracy and Overregulation

06:56 Proposed Solutions and Government Actions

08:42 Conclusion and Final Thoughts
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It is starting to look like California may be separating people from their personal property and taxing that property through search and seizure, argues Elaine Culotti, a Daily Signal California contributor, in today’s special video commentary on the Golden State’s impending billionaire tax.

“ There are 17.5 million people out of 40 million people that pay taxes in California. The top 2% or 1% or half a percent—200 guys—pay 47% of those taxes.  If you create a wealth tax on those people, they are sure to leave, and it's not because of the 5% you're trying to charge them.  People do not want to disclose their assets. They deem it unsafe, invasive, overreaching government, and unconstitutional. Taxation without representation.”

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Adversaries of the U.S. could launch a nuclear weapon at America, or they can achieve the same goal by flooding the nation with fentanyl, says Rep. Addison McDowell, R-N.C., who has introduced a bill cracking down on fentanyl imports.  

Over the past decade, roughly 500,000 U.S. lives have been lost to synthetic opioid overdoses, mainly fentanyl, according to the National Institutes of Health. 

 McDowell on Wednesday introduced a bill aimed at blocking drug traffickers from bringing a tool called a pill press into the U.S.  The process of fentanyl entering the U.S. is “coordinated,” McDowell explains.

China, for example, “will ship a pill presser” to a drug dealer in the U.S. to cut “pure fentanyl, ... pressing it down into ... something that looks like a pill,” he said.

The Preventing Rogue Equipment for Synthetic Substances, or PRESS, Act, criminalizes the “intentional importation of unlisted precursor chemicals and related equipment, including tableting machines, encapsulating machines, press punches, die systems, and gelatin capsules, that will be used to manufacture controlled substances,” according to the congressman’s office. 
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Instead flaunting his new red “Trump kneepads” to world leaders and corporate elite in Davos, Switzerland, during the 56th Annual Meeting of the World Economic Forum, Gavin Newsom should be more concerned about this state’s abysmal relationship with the federal government argues Elaine Culotti, Daily Signal California correspondent, on today’s special video commentary.



“To be clear, our biggest problem in California is the fact that we have no relationship whatsoever with President Trump and the administration. So we can't pick up the phone and call and say, “Hey, we need a lifeline.” It does not exist. It's been destroyed. And with the Pacific Palisades and the fires in California, it has been unveiled how deep that destruction is.”



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