Tag: states

11 States to Have 50%+ Capital Gains Rate Under Drastic New Budget

President Joe Biden’s budget proposal has set the stage for tax increase on individuals that could suffocate the economy, making Bidenomics an even bigger drag and sparking heated discussions across political and economic circles. It’s not far-fetched to suggest that this move would have the Founding Fathers doing somersaults in their graves. “How would the […]

The heat is on: 20 states set for a scorching summer

The National Oceanic and Atmospheric Administration has given Americans a heads-up to brace for potentially unprecedented heat over the coming months. Following record-shattering temperatures and heat-induced fatalities in the summer of 2023, the agency’s latest seasonal outlook anticipates a sweltering June through August for a vast swath of the country. Forecasters at NOAA are projecting […]

What DEA’s marijuana reclassification means for the United States

WASHINGTON — The U.S. Drug Enforcement Administration is moving toward reclassifying marijuana as a less dangerous drug. The Justice Department proposal would recognize the medical uses of cannabis, but wouldn’t legalize it for recreational use. The proposal would move marijuana from the “Schedule I” group to the less tightly regulated “Schedule III.” So what does […]