New York, Illinois, And California Lawmakers Propose Higher Taxes

New York, Illinois, And California Lawmakers Propose Higher Taxes

The most recent state-to-state migration data shows that California, New York, and Illinois are experiencing population loss to red states due to factors such as high taxes, high housing costs, and crime. Lawmakers in blue states like New York and Illinois are proposing tax hikes, while red states like Georgia and Iowa are taking action to reduce taxes and improve their fiscal advantages. Governor Gavin Newsom of California has blocked some tax hikes, but voters will decide on a proposed income tax increase in November.

Judgment day for crypto, ’s golden boy

Judgment day for crypto, ’s golden boy

FTX founder Sam Bankman-Fried was found guilty by a jury in New York and sentenced to 25 years in US federal prison for orchestrating a scheme to defraud equity investors in FTX Trading Ltd. He was also ordered to repay billion to customers and investors.