Posts Tagged ‘Taxes’

LinkSwarm for March 31, 2023

Friday, March 31st, 2023

One quarter of the year gone! Career criminals coddled by Soros Stooges, crazy woman who thinks she’s a man murders children, lots of Flu Manchu fraud, and Botox makes you crazy(er). It’s the Friday LinkSwarm!

  • Everyone and their dog is covering the ham sandwich Trump indictment, so I’ll leave that to others. I will note that Alan Dershowitz is not impressed. “Based on what we know about this case, it may be one of the weakest cases in my six years of experience.”
    

  • Voter Suppression Is Real And It’s Not What You Were Told.

    On the morning of Election Day last November, William French went to his local polling place in Freeland, Pennsylvania, to cast his vote. But the qualified and registered voter wasn’t allowed to. The disabled U.S. Army veteran was told that the precinct had run out of paper for ballots and he had to come back later in the afternoon.

    So that’s what he did, returning at 3:30 p.m. But the precinct still didn’t have ballots. Election workers told him to return yet again. But by nightfall, it was too difficult. French has endured 17 surgeries on his destroyed leg and uses a cane to walk. But the sidewalks are a mess, and he was worried about the risk of falling and further injury.

    That same morning, Melynda Reese and her husband went to their polling location in Shickshinny, Pennsylvania. But only Reese’s husband was allowed to vote, and for the same reason: The precinct had run out of paper. They came back at 4:00 p.m. and were told there would be a lengthy wait.

    Reese is a corrections officer and her husband’s primary caregiver. He had recently suffered two cardiac arrests and a stroke. He required regular medication and attention and couldn’t be left alone. Long waits were also too much to bear. The couple returned at 6:30 p.m., and saw a line that stretched so long that they knew they couldn’t wait. Around 9:15 p.m., an election official called Reese and told her that ballots were finally available and she could vote. But her husband had just taken his sleeping pills and she couldn’t leave him unattended.

    French and Reese are just two of the thousands of voters affected by poor election administration in Luzerne County, Pennsylvania. The two just sued Luzerne County, its Board of Elections and Registration, and its Bureau of Elections in federal court for violations of their constitutional right to vote.

    “Voters in Luzerne County through no fault of their own, were disenfranchised and denied the fundamental right to vote. William French and Melynda Reese are two of those voters. They bring suit to vindicate the denial of their sacred right to vote, to make sure voters are not disenfranchised in the future, and to bring integrity back to elections in Luzerne County,” said Wally Zimolong, lawyer for French and Reese.

    (Hat tip: Ace of Spades HQ.)

  • Did the FBI have a “mole” that would tip Hunter Biden off about any China probes.

    The House Oversight Committee is investigating the explosive claims by Dr. Gal Luft, a former Israel Defense Forces lieutenant colonel with deep intelligence ties in Washington and Beijing, who says he was arrested to stop him from revealing what he knows about the Biden family and FBI corruption — details he told the Department of Justice in 2019, which he says it ignored.

    Luft, 56, first made the claims on Feb. 18 on Twitter, after being detained at a Cyprus airport as he prepared to board a plane to Israel.

    “I’ve been arrested in Cyprus on a politically motivated extradition request by the U.S. The U.S., claiming I’m an arms dealer. It would be funny if it weren’t tragic. I’ve never been an arms dealer.

    “DOJ is trying to bury me to protect Joe, Jim, and Hunter Biden.

    “Shall I name names?”

    Luft remains in jail awaiting extradition to the US over what he says are trumped-up charges of arms trafficking to China and Libya, and violations of the Foreign Agents Registration Act.

    Luft claimed that he tried to reach out to the DOJ about the Chinese energy company CEFC paying Hunter $100,000 and James Biden, Joe’s brother, $65,000 “in exchange for their FBI connections and use of the Biden name to promote China’s Belt and Road Initiative around the world.”

    Maybe. Could just be a grifter trying to skate.

  • “James O’Keefe Uncovers Possible Lucrative Money-Laundering Scheme for Dems.”

    James O’Keefe has not allowed his forced exit from Project Veritas to stop him. His new journalism outfit, O’Keefe Media Group (OMG), just released a video uncovering evidence of what O’Keefe calls a possible “money-laundering scheme” for the Democrats. Some individuals reportedly appear to have donated thousands of times over a relatively short period to the tune of hundreds of thousands of dollars to ActBlue and Biden for President, based on Federal Election Commission records.

    “FEC data shows that some senior citizens across the U.S. have been donating thousands of times per year,” O’Keefe began. “Some of these individuals’ names and addresses are attached to over $200,000 in contributions. We went and knocked on a few of their doors to corroborate the data that we received from a group of citizen journalists called Election Watch in Maryland.” The video then showed O’Keefe visiting someone who is listed as donating over $217,000, through 12,000 separate contributions. This money was earmarked for various entities through leftist platform ActBlue over three years’ time. Some of the donations were made with variations of the person’s name and address, O’Keefe stated.

    The data he obtained was state and FEC data, O’Keefe said. “We’re wondering if these donors are victims of what appears to be a money-laundering scheme, or [if] these residents actually participated in the scheme. We’re making phone calls, we’re knocking on doors, these are things that you can do, we hope you do that.” There are “bizarre amounts of data” on homes and individuals making many thousands of dollars of donations, O’Keefe said, urging others to help him investigate.

    The first person shown opening the door to O’Keefe, a Marylander listed as donating $32,000 in 3,000 different contributions, said he was unaware of the donations but advised O’Keefe as a solution to hit Donald Trump “with a bat.” The man added, “I want to see a scar on his f**king head. Now stop f**king with me,” and slammed the door.

    Another donor, Cindy, according to O’Keefe, supposedly donated over $18,000 in 1,000+ donations to ActBlue in 2022, which would necessitate donating “three times a day, every day, for the whole year.” When asked if she’d donated over $18,000, Cindy responded with a quick laugh, “I doubt that. No, I don’t think so… I wish I could have donated $18,000 to Biden’s presidency.”

    Meanwhile Carolyn Lenz, in Tucson, Ariz., told OMG that she “absolutely [did] not” donate over 18,000 times for $170,000+ to ActBlue. She looked at the data showing “she” donated multiple times a day, often in $5 to $15 increments, and insisted that the donations were not hers. “They must be” fraudulent, Lenz said.

    (Hat tip: Stephen Green at Instapundit.)

  • “Judge stops California Soros prosecutor from slashing triple murderer’s sentence.”

    After rejecting her in 2018, the voters of Alameda County, California selected Pamela Price as their new District Attorney last year. Price had taken hundreds of thousands of dollars from George Soros for her two campaigns. That probably tells you most of what you need to know, since Soros only funds candidates who are soft on crime and willing to empty the jails as much as possible. Price quickly proved herself no exception, seeking to cut a plea deal with a killer who had been arrested for one triple murder for hire, was accused in the murder of a court witness, and several other violent crimes. Rather than the 75 years to life sentence that Delonzo Logwood was eligible for, Price wanted to cut him loose after fifteen years. Thankfully, a County District Judge stepped in and rejected the deal out of hand. (Free Beacon)

    A California judge this week blocked a newly-elected progressive prosecutor’s effort to slash a triple murderer’s sentence.

    Alameda County district judge Mark McCannon rejected District Attorney Pamela Price’s plea deal for a 31-year-old man jailed for a 2008 triple murder-for-hire, among other crimes. Price, who took office in November and has taken hundreds of thousands of dollars from the progressive billionaire George Soros, attempted to sentence Delonzo Logwood to just 15 years in prison, though he was eligible for a sentence of 75 years to life.

  • 10 Arrests, 33 Charges, 31 Days — One Man!

    You can’t keep a bad man down. Keith Chastain, 38, is a one-thug crime spree.

    Chastain racked up an impressive array of arrests in Fresno County, California, (of course). Between Feb. 19 and March 21, he was arrested 10 times for a menagerie of crimes encompassing 15 misdemeanors and 18 felonies, including:

    • six stolen cars
    • fraud
    • DUI (duh)
    • drugs (duh)
    • vandalism

    Chastain was hit with three additional charges — DUI, trespassing, and auto theft — but those were dropped when cops failed to file the charges in time.

    Snip.

    “Unfortunately, this is not as unique of a situation as it seems,” Tony Botti, spokesman for the Fresno County Sherriff’s office, stated. “California has watered down the laws so much over the years for property criminals and repeat offenders that they are not held accountable like they should be. Sadly, it is our community members who suffer due to these soft-on-crime policies.”

    (Hat tip: Stephen Green at Instapundit.)

  • “Aggravated robbery defendant violates bond conditions more than 1,000 times, gets rewarded by two judges.”

    According to court documents, Edwin Maldonado spent many months thumbing his nose at what he was ordered by the court to do.

    His punishment for that is more like a prize.

    “You’ve got someone who was rewarded for being a failure, and this guy was a failure over 1,000 and some odd times,” said Andy Kahan with Crime Stoppers.

    First, Maldonado gets a felony charge for drug possession. A few weeks later, he’s charged with aggravated robbery with a deadly weapon. He makes his $30,000 bond and walks out of jail.

    “I’ve certainly had clients hauled back into court on violations, maybe two or three times that have been alleged,” said criminal defense attorney Emily Detoto.

    Associate Judge Tiffany Hill presided over a bond revocation hearing for Maldonado.

    “For obvious reasons, you are not abiding by your rules and conditions period, and God knows what he was doing when he wasn’t where he was supposed to be,” Kahan said.

    According to court documents, Maldonado failed to comply with any of his bond conditions for eight months.

    According to his GPS monitor, he left his curfew zone 847 times, was called 453 times about his whereabouts, and had more than 1,000 GPS monitor violations.

  • “Suspect Charged in Robbery that Paralyzed Victim Was Out on $100 Bond for Weapons Charge.”

    A suspect arrested and charged in a recent brutal “jugging” robbery in Houston that left a woman paralyzed was out on a $100 bond for a weapons-related charge.

    On the morning of February 13, Nung Truong, 44, withdrew money from a bank ATM but was followed for approximately 24 miles by two suspects. Surveillance video released by the Houston Police Department shows a black male bumping into Truong and causing her to drop her belongings. The suspect initially fled with an envelope but returned seconds later to body-slam Truong to the ground before taking $4,300 in cash.

    A mother to three children aged 13, 15, and 20, Truong is now paralyzed and unable to walk or care for herself.

    Last Friday, Houston Police arrested Joseph Harrell, 17, and Zy’Nika Ayesha Woods, 19, for the attack and charged both suspects with Aggravated Robbery with Serious Bodily Injury.

    According to court records, on January 26, 2023, Harrell had been granted a General Order bond of $100 for Unlawful Possession of a Weapon. He also faces charges of Aggravated Assault with a Deadly Weapon related to an incident in February in which he threatened another victim with a gun. Harrell is currently being held in the Harris County jail on bonds totaling $240,000.

    Snip.

    Although Harrell’s Unlawful Possession of a Weapon charge was assigned to Harris County Court 2 under Judge Paula Goodhart, his bond was signed by Judge David Singer.

    Elected to Harris County Criminal Court 14 in 2018, Singer lost in the March 2022 Democratic primary election and his term ended December 31, 2022. As a one-term judge, Singer is not eligible under state code to serve as a visiting judge.

    The 11th Administrative Judicial Region confirmed to The Texan that Singer is not listed as a visiting judge.

    The Harris County Office of Court Management emailed the following statements to The Texan:

    “David Singer was appointed as associate judge pursuant to Section 54A.002 of the Texas Government Code and the Local Rules for Harris County Criminal Courts at Law. His start date was Jan. 1, 2023.”

  • Finland gets the green light to join NATO, with Turkey and Hungary approving their membership. Sweden’s application is still under negotiation. As I noted previously, tangling with the Finns has not been a source of happiness for Russia.
  • Poor priorities. “European Ammo Maker’s Growth Stymied By TikTok Data Center Sucking Up Electricity.”
  • “Several homeless encampments have popped up behind shops at South Town Square in South Austin, driving business and customers away.”
  • “Florida Governor DeSantis Signs Universal School Choice Bill.”
  • LA City Council member Mark Ridley-Thomas convicted of taking bribes. “He was convicted of one count of bribery, one of conspiracy, one count of honest services mail fraud, and four counts of honest services wire fraud. The jury acquitted him on 12 other counts.”
  • “Protesting WA’s capital gains tax, Fisher Investments says HQ moving to Texas.” This is in response to a Washington state supreme court ruling allowing a state capital gains tax.
  • Crazy woman who thinks she’s a man murdered children in a Christian school this week.
  • “As Veterans Learned the DCCC Had Leaked Their Data, the VA’s Tech Chief Was Meeting With His Wife. She Runs the DCCC.”

    Veterans Affairs assistant secretary Kurt DelBene is married to Rep. Suzan DelBene (Wash.), chairwoman of the DCCC. It’s a big club, and you’re not in it. (Hat tip: Stephen Green at Instapundit.)

  • Covid crook convicted.

    Federal prosecutors announced a 58-year-old Plainview man is facing 102 years in prison after pleading guilty to stealing $4 million in federal relief funds passed during the COVID-19 pandemic.

    On Friday, Andrew Johnson pleaded guilty in the Northern District of Texas to three counts of bank fraud, one count of aggravated identity theft, and one count of engaging in monetary transactions in property derived from unlawful activity, according to a news release published by the U.S. Department of Justice (DOJ).

    Johnson swindled millions from the Paycheck Protection Program passed in the early weeks of the pandemic to help stave off the economic effects of business closures, government restrictions, and shelter-in-place mandates. As part of the fraud, Johnson applied for and received forgiveness for 27 bogus loans.

    He spent more than $3.5 million of the stolen funds on “home renovations, vacations, clothing, cosmetic surgery, college tuition, cars, wedding expenses, and equipment for an unrelated business venture,” according to the DOJ.

  • Speaking of fraud: “Nonprofit vendor defrauded Austin Public Health of $417K.”

    After an investigation that took longer than a year, the Office of the City Auditor in Austin said it found Central Texas Allied Health Institute (CTAHI), a nonprofit City of Austin contractor, committed fraud against Austin Public Health and falsified health records.

    According to the investigative report, CTAHI misrepresented over $1.1 million in financial transactions across three contracts with Austin Public Health and was incorrectly paid roughly $417,000 between December 2020 and September 2021 because of fraudulent contract claims. The report also claimed CTAHI falsified its COVID-19 vaccine contract performance by overstating vaccination totals and fabricating patient data.

    “This is up there with some of the biggest cases we’ve investigated on my team,” said Brian Molloy, chief of investigations at the Chief of the City Auditor.

    CTAHI, President Todd Hamilton, and Dr. Jereka Thomas-Hockaday — both of whom were named in the report — denied the claims made in the report in a statement Thursday.

    Snip.

    CTAHI’s three contracts with Austin Public Health were for COVID-19 testing, workforce development, and COVID-19 vaccines, according to the city. Between December 2020 and September 2021, the city said CTAHI submitted 23 claims for reimbursement to APH under the workforce development and COVID-19 vaccine contracts.

    Flu Manchu is the fraud fount that just keeps giving… (Hat tip: Dwight.)

  • NHL might stop pushing gay pride after backlash from players and fans. “Philadelphia Flyer’s player Ivan Provorov didn’t want to participate in a ‘Pride’ event during warmups…Soon, other players also refused to participate after Povorov showed it could be done, and some entire team organizations dropped their planned LGBT pride events. And thanks to this one man’s stand, the NHL is considering dropping the whole ‘Pride’ push.”
  • Gordon Moore, one of the founders of Intel and coiner of Moore’s Law, is dead at age 94. Semiconductors have radically changed just about every facet of the world.
  • Italy refuses to eat the bugs.
  • Botox alters brain activity connected to emotions.” (Hat tip: Sarah Hoyt at Instapundit.)
  • Samsung phones fake moon photos.
  • An aperiodic monotile exists!
  • “This woman was visiting Asia and noticed that all the plus-sized clothing stores have very direct names.”
  • “Progressives Across Nation Locked Out Of Accounts After CAPTCHA Asks ‘Select All Squares That Contain A Woman.'”
  • “Media Calls For Moment Of Silence For Shooter Who Was Misgendered.”
  • California Hates Your Freedom So Much They Want To Tax You For Leaving

    Sunday, January 29th, 2023

    One-Party Democratic California is so desperate for cash they want to tax people for leaving.

    Desperate to stem the stampede of cash cows — affluent residents — out of their state, they are trying to pass an exit tax for households with assets of $50 million or more. Current residents would have to keep paying for years after they have decamped to less hostile states.

    Heaven forbid that these legislators should instead come to terms with the reasons so many productive residents flee or what they could do to make their state a more attractive destination for people and businesses. They aren’t much concerned with that, merely with stopping the flight of all that revenue. If they cared about the livelihoods of the people leaving, they probably would have governed in a way that didn’t prompt people to head for the exits.

    This is probably unconstitutional nine ways to Sunday. Wealth tax, Ex-Post Facto law, taxation without representation, etc. It’s also likely to be counterproductive, as rich people are not only likely to leave the state preemptively to avoid being subject to it, but are exactly the people that can hire top-notch lawyers to get it overturned.

    Louis Rossmann, who recently fled New York City to Austin, has additional thoughts:

  • “They are showing and demonstrating here they have no confidence in their ability to govern better, or in their ability to actually give the customers of that state what they want, because they’re telling you ‘We’re not going to make things better. Rather, if you leave we are going to figure out a way to fine you.'”
  • “It demonstrates a sick ideology that’s both just authoritarian and disgusting in nature.”
  • “It’s not like [the tax rates in California and New York] just spiked up insanely over the past one or two years, they’ve been higher than the tax rate in Texas and Florida for as long as I’ve been alive, by a fairly large margin. This is not news. It’s something else in addition to that, and they don’t even appear to be interested in trying to figure out what that is.”
  • “Florida and Texas…have not had income tax for a very long time.”
  • “Maybe it would make sense to actually ask people what changed over the past two or three or five years that caused you to decide that you want to move your business and get the fuck out.”
  • “I could tell you from experience that losing half of your employees, putting all your stuff in a truck, carting it across the country. and spending months putting it all back together is insanely stressful, and not something that I’m going to do so I could save six or eight percent of my income tax.”
  • “Why are you then going to bake more taxes, and then have a fine for leaving that is then going to discourage anybody else that has the same concern from ever coming to your state thereby ensuring that the population of people that are productive and create value diminishes.”
  • “The idea of being taxed based on what you are worth at a particular time without actually cashing it out is insane to me.”
  • Long, correct discussion of why long-term capital gains are taxed at a lower rate snipped. (I doubt many of my readers don’t already understand, or disagree.) Ditto the discussion of how investment creates jobs.
  • “People deciding to defer their gratification, to decide ‘I will wait for the large payoff 10 to 20 years from now rather than make a decision that results in me getting more money right now,’ and I think that that it should be discussed more often because if it’s not, then we are going to end up with stuff like this.”
  • He discusses the slippery slope argument: The bill already states the tax will start at billionaires, but then in two years hit people with a net worth of $50 million or more. “Once it gets low enough like once this makes its way off to 10 million or a million, because again this is going to slip.”
  • And just wait until it hits the net worth not only of individuals, but of businesses.
  • LinkSwarm for January 6, 2023

    Friday, January 6th, 2023

    Greetings, and welcome to the Friday LinkSwarm! By the time you read this, Kevin McCarthy will have lost more elections than Pat Paulsen.

  • Stop me if you’ve heard this before: “More U-Haul Trucks Left California Than Any Other State In 2022, Texas Top Destination.”

    More moving trucks left from California than any other state in 2022 for the third year in a row, while more Americans are flocking to Republican-led states like Texas and Florida, a new study published on Jan. 3 has found.

    The study was conducted by the moving truck rental company, U-Haul, and found that Texas, Florida, and the Carolinas were the preferred destinations for one-way moving trucks in 2022, with those states ranking as the top growth states on the annual U-Haul Growth Index.

    U-Haul’s Growth Index is compiled according to the net gain of one-way U-Haul trucks arriving in a state or city, versus those departing from that state or city each calendar year across the U.S. and Canada and is a strong indicator of what kind of job states and cities are attracting and maintaining residents, according to the company.

    Texas is the top destination for U-Haul trucks for the second consecutive year and the fifth time since 2016, according to the study. That is followed by Florida, which has been a top-three growth state for seven years in a row. South Carolina, North Carolina, Virginia, Tennessee, Arizona, Georgia, Ohio, and Idaho also saw strong growth rates in 2022, the study found.

    I think I’ve posted a variation on this story just about every year I’ve published this blog…

  • Speaking of people fleeing high taxes, New York is hemorrhaging taxpayers as well.

    From July 2021 to July 2022, 300,000 more people moved out of the state than moved in. New York had the largest population loss—in both percentage and absolute terms—experienced by any state during that period.

    Sadly, this was both predictable and preventable.

    In March 2021, a study of New York found that its already staggeringly high tax burden had worsened due to an increase in the top marginal tax rate to almost 15% for those in New York City. The study projected that the flood of people leaving would only accelerate—and it did.

    Even before that study, the Empire State lost so many people that it cost New York a seat in Congress after the 2020 census. This exodus is a direct response to New York’s obscenely high taxes.

    Just how bad is it? Compared with other states, New Yorkers:

    • Pay the highest total tax burden and highest share of personal income (14%) in taxes.
    • Endure the second-worst overall business-tax climate.
    • Face the highest individual income-tax rate and income-tax collections per capita.
    • Pay the second-highest state and local corporate income tax collections per capita.
    • Have the fourth-highest property taxes and local sales-tax rate (on average).
    • Pay the highest cigarette taxes and ninth-highest gasoline taxes.
    • Pay the sixth-highest capital-stock tax rate.
    • Are tied for third-highest estate-tax rate.

    (Hat tip: Stephen Green at Instapundit.)

  • Speaking of California: “California Officially Becomes a Sanctuary State for Child Mutilation.” (Hat tip: Stephen Green at Instapundit.)
  • Things that make you go “Hmmm“: “Virgin Islands AG Fired Three Days After Suing JPMorgan Over Jeffrey Epstein.”
  • Three Biden tax hikes that took place January 1. (Hat tip: Ed Driscoll at Instapundit.)
  • Remember how I’ve noted that semiconductor memory manufacturers make money hand-over-fist in boom times and barely break even during busts? “Samsung Profits Plunge 69% As Global Chip Demand In ‘Full-Fledged Ice Age.'”
    

  • Turnabout is fair play: “U. Houston Prof Tells Students to Report Teachers Berating ‘White People or Christians to DEI Office.'”
  • Denver Mayor Michael Hancock takes pride in virtue signaling his city as a refuge for illegal aliens. Guess what?
  • Former Pope Benedict XVI dies at age 95.
  • Thanks to green energy policies and the Russo-Ukrainian War, it’s now too expensive to break bread in Europe. (Hat tip: Instapundit.)
  • U.S. passes Qatar as world’s largest LNG exporter.
  • “How is it like being homeless in Portland?” “It’s a piece of cake really.”
  •  Jordan B. Peterson: “People camouflage themselves against the herd.”
  • This story should piss you off. (Hat tip: Dwight.)
  • Drone swarm vs. carrier group simulation.
  • Ouch!
  • Some pretty amazing skiing.
  • Cereal experiments lame.
  • Reno 911: Texas Edition

    Saturday, August 13th, 2022

    If your taxes are high and your town government sucks, what solutions are open to you? Reno, Texas has come up with one solution: disincorporation.

    Voters in Reno, a Parker County town west of Fort worth, will consider a ballot proposition next year that would disincorporate their city and abolish the charter.

    The group organizing the petition turned in 496 signatures, securing its place on the ballot.

    Texas code allows such questions to be put before voters provided the group meets a threshold of 400 signatures, a mark reached earlier this summer in Reno.

    Now the prospect will go to the voters.

    If a vote to disincorporate passes, the city’s responsibilities will fall to the larger Parker County jurisdiction.

    According to those pushing this initiative, the goal of disincorporation comes on the heels of years of lackluster city services, including issues with their police department and city maintenance departments. These issues include sudden officer resignations and unmaintained city roads.

    Proponents for disincorporation also claim their city tax rates are “unreasonably high” and that those funds are misappropriated. From 2016 to 2020, Reno property tax revenue increased by more than $150,000. Since 2017, the property tax rate has been kept constant, but rising property values result in higher tax bills. When adopting the tax rate, city officials have the appraisal information in front of them.

    The alleged lackluster service from the city’s police department focused on turnover in 2021 when multiple officers resigned, leaving then-chief Tony Simmons as the only officer presiding over the city of 3,000.

    The city normally has four full-time officers working in its police department.

    Shortly after the resignations of these officers, Simmons and the city mutually agreed to part ways.

    ”During my time as mayor I came to the realization that continuing to fund the City of Reno did not seem like a sustainable thing,” former Reno mayor Eric Hunter, who is heading up the petition effort, told The Texan.

    “We can’t continue to adequately maintain our roads and physical infrastructure while still keeping taxes low. The way the city council has been mismanaged, they were going to run us off the road. And I thought, why can’t we just be an unincorporated community?”

    About the police department issues, Hunter said, “We had a police department that was well-trained and experienced, and that council ran them off.”

    How did they run them off? It sound like the city council refused to pay officers what they were promised.

    Two former officers have filed labor claims with the state against the city for unpaid wages following their promotions.

    Jason Schmidt, who joined Reno PD at the end of 2018, was promoted to the open position of lieutenant on Aug. 1. The promotion was supposed to come with a raise in pay from $28 an hour to $32, but that didn’t happen, according to Schmidt’s claim.

    “Mayor is refusing to give raise given to me by the chief of police and city administrator,” Schmidt noted in his wage claim, submitted to the state Aug. 19.

    Schmidt’s new role made him supervisor of John Thompson III, who was promoted to sergeant Aug. 1, with a pay raise of approximately $4 more per hour.

    “Mayor stated the council did not approve our promotions,” Thompson wrote in his wage claim as to the reasoning for not being paid. “The council does not handle promotions and our chief followed all policies.”

    Those policies were called into question at last month’s meeting, during which council members tabled Simmons’ request for the new salaries and take-home vehicles.

    One council member said he was unaware that the officers had already been promoted, with Mayor Pro Tem Randy Martin adding they “want to be a part of it” any time there’s a promotion.

    Simmons told the board he had mentioned the promotions to City Administrator Scott Passmore, as he was required to do, and had then been asked to put the item on the agenda. Simmons added that it would not have an affect on his department’s budget, as the salaries were already set for the officers who had vacated those positions.

    Schmidt echoed Simmons’ reasoning in his claim to the Texas Workforce Commission, noting that the city “stated that the pay raise has to go before council. However, it’s already budgeted.

    So the Reno City Council lost their previous police force either because they were too cheap to pay $1,440 a month in promised promotion increases, or because their egos require their police chief to play Mother May I for existing positions in his own department. I can see why all of them left.

    Maybe disincorporation is the right solution.

    Reminder: Texas Constitutional Amendment Election Saturday

    Thursday, May 5th, 2022

    Another Texas Constitutional Amendment election is sneaking up on us this Saturday, with two amendments on the ballot, both having to do with tax limitations.

    Here’s the first amendment:

    State of Texas Proposition 1
    S.J.R. No. 2
    Senate Joint Resolution
    Proposing a constitutional amendment authorizing the legislature to provide for the reduction of the amount of a limitation on the total amount of ad valorem taxes that may be imposed for general elementary and secondary public school purposes on the residence homestead of a person who is elderly or disabled to reflect any statutory reduction from the preceding tax year in the maximum compressed rate of the maintenance and operations taxes imposed for those purposes on the homestead.

    Be it resolved by the Legislature of the State of Texas:

    SECTION 1. Section 1-b, Article VIII, Texas Constitution, is amended by adding Subsection (d-2) to read as follows:

    (d-2) Notwithstanding Subsections (d) and (d-1) of this section, the legislature by general law may provide for the reduction of the amount of a limitation provided by Subsection (d) of this section and applicable to a residence homestead for a tax year to reflect any statutory reduction from the preceding tax year in the maximum compressed rate, as defined by general law, or a successor rate of the maintenance and operations taxes imposed for general elementary and secondary public school purposes on the homestead. A general law enacted under this subsection may take into account the difference between the tier one maintenance and operations rate for the 2018 tax year and the maximum compressed rate for the 2019 tax year applicable to a residence homestead and any reductions in subsequent tax years before the tax year in which the general law takes effect in the maximum compressed rate applicable to a residence homestead.

    SECTION 2. This proposed constitutional amendment shall be submitted to the voters at an election to be held May 7, 2022. The ballot shall be printed to permit voting for or against the proposition: “The constitutional amendment authorizing the legislature to provide for the reduction of the amount of a limitation on the total amount of ad valorem taxes that may be imposed for general elementary and secondary public school purposes on the residence homestead of a person who is elderly or disabled to reflect any statutory reduction from the preceding tax year in the maximum compressed rate of the maintenance and operations taxes imposed for those purposes on the homestead.”

    Clear as mud, but what it amounts to closing a loophole in a previous tax limitation:

    Homeowners who are disabled or 65 years and older can qualify for having school district property taxes capped or frozen. But when lawmakers in 2019 passed legislation to offset rising property values with lower school district tax rates for all homeowners, those adjustments did not account for elderly and disabled homeowners whose property taxes were already frozen. Under Proposition 1, those homeowners could qualify for those additional reductions in 2023 if the measure passes, said state Sen. Paul Bettencourt, a Houston Republican who wrote the legislation calling for the constitutional amendment. The change would lower those homeowners’ property taxes further, but would not eliminate their property tax cap. “The frozen value unfreezes and then refreezes lower each year,” Bettencourt explained.

    Here’s the second amendment:

    State of Texas Proposition 2
    S.J.R. No. 2
    Senate Joint Resolution

    Proposing a constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes.

    Be it resolved by the Legislature of the State of Texas:

    SECTION 1. Section 1-b(c), Article VIII, Texas Constitution, is amended to read as follows:

    (c) The amount of $40,000 [$25,000] of the market value of the residence homestead of a married or unmarried adult, including one living alone, is exempt from ad valorem taxation for general elementary and secondary public school purposes. The legislature by general law may provide that all or part of the exemption does not apply to a district or political subdivision that imposes ad valorem taxes for public education purposes but is not the principal school district providing general elementary and secondary public education throughout its territory. In addition to this exemption, the legislature by general law may exempt an amount not to exceed $10,000 of the market value of the residence homestead of a person who is disabled as defined in Subsection (b) of this section and of a person 65 years of age or older from ad valorem taxation for general elementary and secondary public school purposes. The legislature by general law may base the amount of and condition eligibility for the additional exemption authorized by this subsection for disabled persons and for persons 65 years of age or older on economic need. An eligible disabled person who is 65 years of age or older may not receive both exemptions from a school district but may choose either. An eligible person is entitled to receive both the exemption required by this subsection for all residence homesteads and any exemption adopted pursuant to Subsection (b) of this section, but the legislature shall provide by general law whether an eligible disabled or elderly person may receive both the additional exemption for the elderly and disabled authorized by this subsection and any exemption for the elderly or disabled adopted pursuant to Subsection (b) of this section. Where ad valorem tax has previously been pledged for the payment of debt, the taxing officers of a school district may continue to levy and collect the tax against the value of homesteads exempted under this subsection until the debt is discharged if the cessation of the levy would impair the obligation of the contract by which the debt was created. The legislature shall provide for formulas to protect school districts against all or part of the revenue loss incurred by the implementation of this subsection, Subsection (d) of this section, and Section 1-d-1 of this article. The legislature by general law may define residence homestead for purposes of this section.

    SECTION 2. The following temporary provision is added to the Texas Constitution:

    TEMPORARY PROVISION. (a) This temporary provision applies to the constitutional amendment proposed by the 87th Legislature, 3rd Called Session, 2021, increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes.

    (b) The amendment to Section 1-b(c), Article VIII, of this constitution takes effect January 1, 2022, and applies only to a tax year beginning on or after that date.

    (c) This temporary provision expires January 1, 2023.

    SECTION 3. This proposed constitutional amendment shall be submitted to the voters at an election to be held May 7, 2022. The ballot shall be printed to permit voting for or against the proposition: “The constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes from $25,000 to $40,000.”

    I will be voting for both of these, even though I prefer more extensive tax reforms and rate reductions over these piecemeal reductions.

    The Future of Texas and California

    Saturday, April 16th, 2022

    I had no intention of posting another Peter Zeihan video so quickly after Is China Screwed?, but it’s also been a good long while since I did a Texas vs. California update, so let’s tuck in to this video:

    Takeaways:

  • Texas doesn’t attract foreign investment.
  • Instead, Texas lures development and projects from other states with target tax breaks. “You can stay in Illinois and pay 20% tax or come to Texas, where we’ll give you a 20 year deferment and you’ll pay no tax.” (This is a bit overstated; some companies get those sweeteners, but for most Texas locales simply offer sounder fundamentals.)
  • “Everything is inexpensive. It’s where the food comes from, it’s where the energy comes from. The land is cheap. Mexico is right next door. It’s got the major port in Houston. It’s a financial center, it’s an energy center, it’s a manufacturing center, it’s a processing era. It’s all of those things.”
  • As global trade becomes more difficult, Texas moves up the value-added chain with more processed and refined goods. Lots of incentive for all sorts of manufacturers to relocate to Texas to take advantage of these intermediate products.
  • “Say what you will about the Donald Trump Administration, the renegotiation of NAFTA was a brilliant call, it was probably overdue by 15 years.” More North American content, especially from Texas and Mexico.
  • “Texas trades nearly as much with Mexico as the rest of the country combined.” Huge for automotive, but also electronics and aerospace.
  • Labor shortages: “Texas is just hoovering up people from across the entire country.”
  • “People are moving to the West, the Southwest and the South. Texas is right in the middle of that. It has the cheapest land and the cheapest power and the cheapest food.”
  • Biggest success story for the next 30 years: Houston. “It has it’s finger in each and every one of those pies. It works with the Mexicans, it’s in the energy sector, it’s its own financial link. It’s on the highway system that links on the East coast. It’s good at moving large pieces of metal around, so it’s getting into heavy equipment, it’s already in automotive. It has everything.”
  • My caveat: Not everything. It doesn’t have much of a software base outside the oil industry and a few related verticals, and it doesn’t have any semiconductor fabs (both of which the Austin and Dallas areas have in considerable depth).
  • Plus: Third largest metro in the country.
  • “Everything you hear about California when it comes to regulation and cost is true.”
  • All the good land has been grabbed. Maybe growth on the fringes of LA.
  • “The same urbanization and depopulation push that hit Europeans 60 years ago hit Mexico 25 years ago.”
  • “California is looking at decades of depopulation moving forward. Not catastrophic and not rapid.”
  • “I see Oregon and Washington as the next California, and I don’t mean that in a good way.”
  • Things are better the other side of the mountains (Yakima, WA, and Bend, OR). Also Tri-Cities (Kennewick, Pasco, and Richland), WA.
  • “The same thing that’s happening in the United States with the retirement of the baby boomers is happening in the wider world. But what is unique about the American baby boomers is that they actually had kids. So we’ve got the Millennials, which are a large generation that are providing a lot of consumption and ballast. That doesn’t exist in most of the rest of the world.”
  • And the rest of the world is screwed. “You’re looking at general economic degradation on a broad scale that we haven’t seen in well over a century and a half.”
  • Solution for the rest of the world is printing currency. Thus massive capital flight to more stable locations. “Nine cases out of ten that safer place is the United States.”
  • This all seems to excerpted from his book The End of the World Is Just The Beginning. As with some of his other videos, I think he’s identified some real concerns, but overstates his case (and the nearness of an imminent global trade collapse rather than some retrenchment). Irrational things can go on a whole lot longer than you might think they would be able to…

    LinkSwarm for March 18, 2022

    Friday, March 18th, 2022

    Hunter Biden’s laptop takes another turn in the news cycle, Democrat-connected sex offenders are popping up everywhere, a killer camel, and the return of Florida Man. It’s the Friday LinkSwarm!

    And virtual no Russo-Ukrainian War news, since I did that yesterday.
    

  • Are you ready for an absolutely shocking development? The New York Times finally admits that the Hunter Biden laptop story is real.

    I would say that everyone outside of the Democratic Media Complex knew that two years ago, but of course, more than half the Democratic Media Complex knew that as well and simply lied about it to get Biden elected.


    

  • “Lawyer For Mother Of Hunter Biden’s Daughter Says He Expects President’s Son To Be Indicted.”
  • US-Mexico Border Town Transformed Into Warzone After Drug Cartel Leader’s Arrest.”

    The Mexican border city of Nuevo Laredo has been transformed into a warzone after the arrest of a top cartel boss. Burning vehicles littered the streets, and heavy gunfighting was reported causing the U.S. consulate to go on lockdown and the U.S. border crossing to be temporarily shut down on Monday.

    The chaos erupted late Sunday when Juan Gerardo Trevino, or “El Huevo,” the leader of one faction of the Northeast Cartel, the successor group to the Zetas Cartel, was arrested. He is also a U.S. citizen, a Mexican government official told Reuters. Trevino is on the U.S. Customs and Border Protection’s (CBP) list of most wanted cartel members.

    Trevino faces a U.S. extradition order for drug trafficking and money laundering.

    In response to the arrest, cartel members hijacked and burned vehicles and attacked law enforcement and military personnel.

    “During the night of Sunday, there were shootings, burning of trucks, and a grenade attack on the U.S. consulate,” Mexican newspaper El Occidental said.

    On Monday, Nuevo Laredo Mayor Carmen Lilia Canturosas warned citizens in the border town to take cover.

  • The woke want to destroy science. “The giant plan to track diversity in research journals. Efforts to chart and reduce bias in scholarly publishing will ask authors, reviewers and editors to disclose their race or ethnicity.” Translation: Science is not sufficiently biased in favor of our political goals.
  • No, Democrats don’t get to pretend they weren’t in favor of defunding the police.

    According to the latest Winston Group poll, voters still believe Democrats want to defund the police by a 48%-34% margin.

    “In terms of what is the position of the Democratic Party, voters tend to believe that Democrats want to defund the police, ” pollsters David Winston and Myra Miller explain. “Among groups outside the Democratic Party, Hispanics believe this is what Democrats want (49%-32%), as do suburban voters (45%-36%). Independents believe this slightly at 41%-33%, but especially conservative independents (61%-20%).”

    Despite the efforts to distance themselves from the movement, some in the Democratic Party still openly support defunding the police, which means that the public will continue to believe Democrats still embrace the radical Black Lives Matter. movement, not police.

  • Federal Reserve raises interest rates .25%, bringing it to .5%. Remember, in order to kill the last bout of inflation, Paul Volker hiked rates up to 20%. There’s a lot more pain ahead…and given the huge amount of quantitative easing centrals banks have done, and the extensive budget deficits most of the governments in the developed world are running, 20% may not be enough.
  • Speaking of the fed: “Biden Fed pick Raskin withdraws nomination in face of opposition from Manchin.” Good. There’s nothing about “fighting climate change” in the Fed charter. (Hat tip: Director Blue.)
  • Researcher Kyle Becker produced in-depth, acclaimed portrait of just how much money Anthony Fauci was making. Result: Forbes fired him. (Hat tip: 357 Magnum.)
  • Riots in Corsica, which wants to be independent of France.
  • Former Clinton pollster confirms that Democrats are out-of-touch.

    The electorate is increasingly pessimistic about the direction in which President Biden and Democrats are steering the country and feel that the party’s priorities do not align with their own.”

    What’s the solution?

    The pollsters advise that if Democrats want to have “a fighting chance in the midterms – as well as a shot at holding on to the presidency in 2024,” that they need to embark on a “broader course correction back to the center,” and show voters that they are focused on solving quality-of-life issues.

    In short, Democrats need to reject their progressive wing and its embrace of big government spending and identity politics.

    Indeed, a majority of voters (54 percent) — including 56 percent of independents — explicitly say that they want Biden and Democrats to move closer to the center and embrace more moderate policies versus embracing more liberal policies (18 percent) or staying where they are politically (13 percent).

    Most voters (61 percent) also agree that Biden and Democrats are “out of touch with hardworking Americans” and “have been so focused on catering to the far-left wing of the party that they’re ignoring Americans’ day to day concerns” such as “rising prices” and “combatting violent crime.” -The Hill

    The top issue for voters is inflation – which sits at its highest level in 40 years – according to 51% of respondents, followed by the economy and job creation (32%). Yet, just 16% of voters believe the economy is Biden’s main focus, and trust Republicans over Democrats to manage it (47% vs. 41%) and control inflation (48% vs. 36%).

    Voters also see Biden and Democrats as weak on crime (56%) – perhaps due to four years of Democrats pushing ‘defund the police’ under Trump, while our sitting Vice President raised bail money for BLM rioters.

  • New York City’s government issues yet another “Fuck You” to residents, extending vaccine and mask mandates.
  • San Antonio school caught introducing segregation.
  • Disney employees busted in child trafficking sting just days after corporation opposed anti-grooming law.”
  • Speaking of groomers: “Clinton-Connected Haiti Pastor Indicted For Child Sexual Abuse & Assault…The United States is charging pastor Corrigan Clay with child sex abuse after “engaging in illicit sexual conduct” with a Haitian orphan he adopted…Corrigan is the co-founder of the non-profit charity “Apparent Project”, which is a Clinton-connected group selling jewelry, clothing and art made by Haitian orphans.”
  • Speaking of Democrats being soft on sex offenders, Missouri Republican Senator Josh Hawley uncovers why Biden Supreme Court nominee Judge Ketanji Brown Jackson deserves to be rejected:

  • Hungary Sees 5.5 Per Cent Birthrate Increase After Enacting Pro-Family Policies.”
  • Mississippi bans Critical race Theory in publicly funded classrooms.
  • San Francisco is now boycotting most of the United States.

  • Taxes in California are now so high that Ozzy and Sharon Osbourne are moving back to the UK. (Hat tip: TPPF’s The Cannon.)
  • Things that make you go “Hmmm”: With Chinese Commodity Tycoon Bailed Out, LME Announces Nickel Market To Reopen.

    With the Nickel market shuttered after a Chinese stainless steel tycoon was caught with a historic, potentially fatal $8 billion margin call hanging over its head, today the London Metal Exchange announced that it will reopen its nickel market on Wednesday, more than a week after it was closed last Monday, after the Chinese company at the center of the epic short squeeze was bailed out by a consortium of banks led by JPMorgan which is also the largest counterparty to the short (for a detailed breakdown read “The 18 Minutes of Trading Chaos That Broke the Nickel Market”) .

    Trading in nickel will resume after Xiang Guangda, whose massive short position equivalent to approximately 150,000 tons of nickel, sent shockwaves across the commodity market last week, announced a standstill with his banks to avoid further margin calls as Bloomberg first reported earlier. Xiang’s Tsingshan Group had been in discussions with banks led by JPMorgan about a loan facility to backstop his short position and said Monday that talks on the funding would continue during the standstill period. As a reminder, Xiang is JPMorgan’s largest counterparty, and owes Jamie Dimon several billion, money which the largest US bank would not receive unless it bailed out the Chinese firm.

    If you owe the bank $100,000, you have a problem. If you owe the bank $8 billion, the bank has a problem…

  • Arm Holdings to lay off 15% of it’s workforce, or about 1,000 people.
  • Category: Extremely unexpected horrifying headlines: Petting zoo camel kills two. Not in the zoo, fortunately, as Humpy had busted out of the joint and was on the lam… (Hat tip: Dwight.)
  • Florida Man suspects his meth is fake. So he asks police to test it.

  • Whoa!

  • How an NPR radio station destroyed the electronics in several Mazdas.
  • Heh:

  • “Zelensky Begs Congress To Bring Back Trump.”
  • Jailbreak!

  • Brokeback Boondoggle Busted

    Wednesday, December 22nd, 2021

    By now you’ve heard that Sen. Joe Manchin has killed Biden’s pork-laden Build Back Better bill because Biden Administration staffers screwed around with him too much.

    “They figured surely to God we can move one person. We surely can badger and beat one person up. Surely we can get enough protesters to make that person uncomfortable enough that they’ll just say, ‘OK I’ll vote for anything,'” Manchin continued. “Well, guess what? I’m from West Virginia. I’m not from where they’re from and they can just beat the living crap out of people and think they’ll be submissive, period.”

    We all owe Manchin our thanks for this, since Build Back Better was a giant pit of pork, waste, and leftwing pandering.

    • Spends nearly $5 trillion more on a path to big-government socialism over 10 years
    • Gives tax breaks for the wealthy political donor class in mostly Democrat-run states at the expense of other Americans
    • Imposes new mandatory programs that create dependency on government and cycles of poverty
    • Expands existing inefficient welfare programs
    • Adds $24,000 in debt on every American taxpayer, increases each taxpayer’s national debt burden to $111,000
    • Wastes billions of dollars on unreliable “green energy” boondoggles
    • Empowers new IRS agents to spy on Americans’ bank accounts
    • Raises childcare costs for families by more than twice
    • Adds more marriage penalties to the tax code, especially
    hurting married, small-business owners
    • Imposes new taxes on tobacco and nicotine
    • Limits how much you can save for retirement
    • Wastes even more money on failed ObamaCare programs
    • Provides healthcare subsidies for wealthy Americans who don’t need assistance
    • Increases taxes on petroleum that will further increase the price of gasoline
    • Raises taxes on business that will lower wages, increase prices, and reduce return on investment

    And that’s just the topline.

    Of course, the things that made Build Back Better such an odious dumpster fire are what made it holy to Democratic Party grandees and the hard left, who are fuming that they have nothing to show for negotiations, and imploring Biden to somehow “get tough” with Manchin, as though a President can have a Senator arrested and put on a rack for disobeying his will.

    Democrats are also worried that it will result in an electoral disaster in 2022. With Slow Joe’s horrendous first year, including record inflation and record Flu Manchu deaths from a virus he said he was going to eradicate, they were always going to have a disasterous midterm, but now they have a handy scapegoat.

    Lots of Democrats have said that Manchin should be ejected from the party for his apostasy. Manchin says make his day.

    One of the many reasons the bill died is that a coalition of conservative interest groups banded together to make it happen.

    Twenty groups have helped lead the “Save America” Coalition, including Americans for Prosperity, American Legislative Exchange Council (ALEC), Americans for Tax Reform, Center for Renewing America, Committee to Unleash Prosperity, Freedom Works, Heritage Action, Texas Public Policy Foundation, Goldwater Institute, Independent Women’s Forum and Job Creators Network.

    [America First Policy Institute head Brooke] Rollins said she first realized while working as president and CEO of the Texas Public Policy Foundation, an Austin-based free-market think tank, that if conservative groups put differences aside and worked together for a common cause they could make a powerful change.

    The very first call the coalition held, Rollins remembers saying, “If we do this right and if we put all the egos aside and we don’t worry about who gets the credit, it’s a new day for our entire movement.”

    Knowing what was at stake and what the other side was capable of — Democrats are estimated to have spent between $50 to 100 million building public support for the bill — Rollins told the group it was “time to really come together.”

    The coalition did polling nearly everyday with Scott Rasmussen to find the “weak underbelly of the bill,” Moore said, and joined together to run millions of dollars worth of advertising to “pound the airwaves” in West Virginia and Arizona where the two senators who were most likely to oppose the bill — Manchin and Senator Kyrsten Sinema (D., Ariz.) — are from.

    Althouse thinks it’s all theater. “Whatever they say publicly I will test against the hypothesis that making it all about Manchin is political theater, designed to concentrate the blame where it will not hurt other Democrats, moderate Democrats, while they gain the opportunity to edit the excessively left-wing material out of the bill.”

    On the surface this makes a lot of sense, as the Corrupt Wing letting the Insane Wing get so far out in front of their skis that Manchin is the only one who gets blamed when their insane ambitions get chopped down to size. On the other hand, little about the Biden Administration suggests Machiavellian geniuses steering the ship of state through subtle stratagems, and their manifest failures are far more likely to pink-slip remaining moderate Democrats in 2022 rather than dethroning the hard left.

    The competing theory is that Democrats know they’re going to be wiped out in 2022, and all of them (even most of the so-called “moderates”) are hellbent on shoving radical change down America’s throat because they’re never going to get the chance again.

    And that’s why they’re so furious with Manchin. He’s not only keeping their snouts out of that giant trough of taxpayer money, he’s keeping them from rigging the game and insuring they never get a chance to again, because they’ll be out of office and out of power.

    Samsung To Build $17 Billion Fab in Taylor, Texas

    Tuesday, November 23rd, 2021

    Reports indicate that semiconductor giant Samsung has picked Taylor, Texas as the site for a $17 billion wafer fabrication plant.

    In recent days, Williamson County and the city of Taylor had seemed to emerge as the frontrunner to land a $17 billion chipmaking plant planned by Samsung.

    Now, it seems the technology giant has indeed picked the small Central Texas city as the site for its next major operation, according to media reports.

    Citing unnamed sources with knowledge of the decision, the Wall Street Journal reported Monday night that Samsung has picked Taylor over sites in Austin, Arizona and New York.

    Samsung has not formally confirmed the decision, and a company spokesperson did not immediately respond to messages left by the American-Statesman on Monday evening. However, the announcement is expected to be made in a news conference with Gov. Greg Abbott at the Texas Capitol on Tuesday afternoon.

    If Samsung does, in fact, build the facility at the Taylor site, it will be the latest in a stunning run of economic development wins for the Austin area, and for its technology sector in particular.

    Tesla announced Oct. 7 that the automaker will move its corporate headquarters from California to Austin. That news came 15 months after Tesla chose an Austin-area site as the home for its $1.1 billion manufacturing facility. Software giant Oracle announced last December that it was moving its corporate headquarters from California to Austin, and a number of other technology giants — including Apple, Facebook, Google and Amazon — have recently expanded their operations in Central Texas.

    Samsung recently overtook Intel as the largest semiconductor manufacturer in the world, and along with TSMC, those three are also the only real players in cutting-edge under-10nm processes. As I’ve mentioned before, new cutting edge fabs are hideously expensive to build. TSMC is a foundry (which means they fab other people’s chip designs), while both Samsung and Intel are integrated device manufacturers (IDMs), meaning they fab their own designs, though I think both dabble in foundry work as a sideline. (Samsung is also one of the largest flat panel screen manufacturers in the world; flat panel manufacturing uses semiconductor manufacturing techniques, but is fundamentally a different industry, and just about all flat panels are produced in Asia these days.)

    The decision to eliminate New York from the list was probably quite easy. Back when IBM was running it’s state-of-the-art fabs in East Fishkill, there was considerable technological infrastructure in the state. Back In The Day IBM had some of the most respected process technology knowledge in the industry. But then they got out of the manufacturing business, and the East Fishkill fab got sold to Global Foundries, who later sold it to ON Semiconductor. But today New York constantly ranks among the worst states in the nation for business environment, due to high taxes, excessive regulation, and the gradual decay of infrastructure and institutions that comes with one-party Democrat control.

    Arizona is a much stronger candidate. Intel has a huge complex of modern fabs in Chandler and TSMC is building a state of the art fab in Phoenix proper, which means there’s a lot of local talent and infrastructure to draw on. A purple state, Arizona usually ranks in the top ten for a business-friendly climate, but they do have a personal income tax.

    Texas, by contrast, is constantly rated as the top or second best business climate the the country (occasionally losing to Florida), and has no state income tax. Samsung already has a fab in Austin, along with older legacy fabs from NxP (ex-Motorola) and Infineon, along with significant presence by the major semiconductor equipment manufacturing giants (Applied Materials, Tokyo Electron, etc.). Taylor is close enough to Austin to draw on the technical talent and infrastructure there, without having to worry about the crazy left-wing politics, as Williamson County, while having turned a bit more purple lately, is still safe Republican territory.

    Another solid reason to locate in Taylor: ERCOT is headquartered there, which means the area will never be power-cycled in an emergency. The winter storm evidently cost Samsung $268 million in lost revenue from the outage, which I can well believe. When the power goes off, all the equipment needs to be requaled, which is a long, painful process for a single machine, much less the some 200+ needed in a modern fab.

    America has lots of tech hubs: Silicon Valley, Seattle, the North Carolina triangle, greater Boston, etc. But nobody is building cutting edge fabs in those areas. Central Texas has rapidly expanding software, hardware and silicon industries.

    Austin is primed to be one of the greatest global tech hubs of the 21st century, assuming Austin political leadership doesn’t screw it up…