Just one month after Seattle voted unanimously to pass a head tax on businesses such as Starbucks and Amazon, the City Council repealed it by a vote of 7-2, noting that the head tax (not surprisingly) hurts businesses.

High-income earners in high-tax states such as New York, Illinois, and California are migrating to low-tax states such as Texas, Florida, Nevada, and Georgia.

The United States has asked OPEC producers to increase oil production by about one million barrels a day after Trump complained about “artificially very high” oil prices.

Forty-six percent of Bay Area residents surveyed said they are likely to move out of the area in the next few years, and 61 percent of those plan to leave California.

Financial expert John Mauldin believes that actions the Federal Reserve will likely take to deal with inflation from government overspending will soon cause a massive recession. by Bob Adelmann

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