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Unlike Trump, California Pays Its Taxes - During an alternative-fact-filled interview with Bill O'Reilly on Sunday, President Donald Trump launched into a diatribe about California pushing back against his immigration policies, suggesting that he would try to cut off the Golden State's federal funding. "We give tremendous amounts of money to California," he said. "California in many ways is out of control, as you know."
Assuming that Trump was speaking on behalf of the federal government, he was, in fact, correct that "we" give lots of money to California. Annually, the feds spend nearly $368 billion in California, which includes everything from paying government contracts to cutting Social Security checks. Yet implicit in Trump's comments was the assumption that Californians are gobbling up or blowing through "tremendous amounts" of government spending without paying their fair share in return. That's wrong.
An accumulation of data from various sources shows that California routinely pays more in federal taxes than it receives in federal spending. A 2015 study by the New York state comptroller found that in 2013 Californians paid $9,086 per capita in federal taxes and received $9,040 per capita in federal spending—or about 99 cents of spending for every tax dollar. (This is an improvement: The Tax Foundation found that California received about 78 cents in spending for every tax dollar in 2005, and Census and IRS data showed the state getting back 87 cents on the dollar in 2010.) In comparison, the average state gets about $1.29 in federal money for every dollar it sends to Washington.
California pays about 13 percent of all federal taxes and receives about 11 percent of federal expenditures. It's one of 11 states with a deficit between what it pays the feds and what it gets back. New Jersey has the biggest annual gap between spending and taxes, at more than $2,600 per person. New Mexico enjoys the biggest surplus, at more than $7,700 per person.
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Mr. Trump has already broken with tradition by singling out companies for criticism, like Boeing, Lockheed Martin, automakers and news organizations, sometimes causing gyrations in their stock prices and prompting debates about whether corporations would tailor their conduct to suit a bellicose president. But in those cases, his ire targeted government contracts, departing American jobs or news coverage — not his own family’s personal fortunes.
Six days after Nordstrom announced that, based on sales, it would no longer carry Ms. Trump’s products — a decision that prompted some Trump supporters to call for a boycott of the stores — the president took to Twitter to complain that “Ivanka has been treated so unfairly” by the company. He first posted the message from his personal account, and then re-sent it from his official White House account.
Luxury Shoe Brand Aquazzura Calls Out Ivanka Trump for ‘Stealing’ Designs (Fortunelink): Ivanka Trump is in hot water for allegedly copying another shoe brand's designs—and not for the first time.
Last week, the Instagram account of Italian shoe brand Aquazzura posted a photograph of its 'Wild Thing' shoe next to Ivanka Trump Footwear's 'Hettie' with the caption, "One of the most disturbing things in the fashion industry is when someone blatantly steals your copyright designs and doesn't care. You should know better. Shame on you [Ivanka Trump]!"
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