
Rick Rule
19.3K posts

Rick Rule
@RealRickRule
President and CEO, Rule Investment Media LLC Views expressed are my own. Investing in natural resources and conventional financial services


Higher earners pay higher rates and the most in income #taxes. There's just no satisfying Warren and company and their misleading complaints about "fairness" taxfoundation.org/data/all/feder…

Trump wants $400B more for war. I want it for the American people. New Economic patriotism versus America Last.

🚨JUST IN: Rep Jayapal pushes Wealth Tax on Ultra-Millionaires and Billionaires House Rep. Pramila Jayapal (D-WA07) has reintroduced the Ultra-Millionaire Tax Act (H.R.8085), a wealth tax bill proposing a 2% annual tax on net worth over $50 million and 3% over $1 billion. Joining her in introducing the legislation were Senator Elizabeth Warren (D-Mass.) and Representative Brendan F. Boyle (D-Pa.). 🟦REP. JAYAPAL: “As millions of families are struggling under the weight of inflation, tariffs, and rising gas prices, the richest billionaires continue to see their net worth grow. We live in the richest country in the world, but that wealth is incredibly concentrated in a tiny group of people. It’s time to tax the rich and level the playing field to ensure that every American has a chance to succeed. Jayapal says that the tax will affecting the top 0.15% of U.S. households and generate $6.2 trillion in revenue over the next decade. 🟦REP. JAYAPAL: “The Ultra-Millionaire Tax Act is a major step toward making sure the wealthy finally pay their fair share. With this legislation, we can narrow the racial wealth gap and invest trillions of dollars in health care, schools, clean energy, housing, and more to improve lives in communities across America.” U.S. Rep. Adam Smith (D-Wash.) along with 38 other Representatives co-sponsored the bill. So far 10 other Senators are co-sponsoring the Ultra-Millionaire Tax Act. Jayapal reintroduced the bill on March 25, just days before Gov. Ferguson (D) signed into law Washington state's income tax bill of 9.9% on income over $1 million.

We will do everything we can to mitigate the impacts of the Big Betrayal Bill from President Trump and the MAGA Congress. This week, I signed our budget into law. It backfills the Planned Parenthood funding that they blocked. In Washington state, we protect women's health care.


US financial institutions exposed to private debt, per Bloomberg:

🚨🇧🇷 BREAKING — President Lula: “Since 1500, they discovered gold in Latin America they spent 500 years taking everything from us. They left us stripped bare. We sold raw ore for almost nothing, earned very little from mining, and then bought industrialized products back at the price of gold. Now something new has been discovered: rare earths beneath our soil. And once again, they are looking to take, take, take, and leave behind only the holes they dig."



Housing is the single biggest cost that most families face. The 21st Century ROAD to Housing Act will build more housing – and help bring down costs for renters and homeowners across the country. The urgency of this moment cannot be overstated. Let’s get this bill passed.



WARREN BUFFET IS STEPPING BACK If you hold any U.S. dollars, this matters. Warren Buffet has been clear: he doesn't want long-term exposure to assets tied to a currency that’s steadily losing value. That, he says, is his core concern with the dollar. In his own words, governments naturally move toward making their currencies worth less over time. And this isn’t just about the USD. It applies to the EUR, the GBP, the CNY, every fiat currency.




CA and WA are solving wealth and income inequality. By driving out billionaires, they are driving down their gini coefficients. So if you live on the West Coast, you should be feeling better now.







Let's be clear: Red Lobster went bankrupt after private equity bought the chain, loaded it up with debt, and gutted it.

We must continue to make historic investments in housing — in policy and in dollars. We accomplished both this session. I signed a bipartisan Capital Budget this week that includes the largest state-funded housing investment of any supplemental budget in state history. Thanks to Sen. Trudeau, Rep. Tharinger, and Rep. Callan.


