Welcome back to OnThePoint, I’m Greg C. Truax.
Tax season is here—and it’s a good time to remember who’s actually footing the bill. The top 1% of taxpayers already pay about 41% of all federal income taxes. Yet the usual tax-and-spend progressive voices— Democrats Elizabeth Warren, Bernie Sanders, and others—keep demanding more.
Meanwhile, look at the blue states like California, New York, Illinois—high taxes, high costs, and people heading for the exits.
Where are they going? Red states like business-friendly Florida—no personal income tax, no wealth tax.
As Governor DeSantis points out, Florida is seeing a historic influx of income and residents.
The message is simple: people vote with their feet—and their wallets.
From the NewsTalk 1040 studios, I’m Greg C. Truax.
Greg C. Truax is president of GCTMediaGroup, a film production studio, online magazine publisher, radio commentator, and creator of written and broadcast opinion commentary.