World leaders are returning home from the annual G7 summit, having failed to address issues such as income inequality, climate change and territorial conflict, while entertaining the wealthy executives of the artificial intelligence and fossil fuel industries. Oxfam International Executive Director Amitabh Behar calls the G7 “a club of the super-rich super-elites” and slams the summit’s focus on business, and business as usual, at the expense of humanitarian efforts and improving the lives of “the common people.”
Democrats in the Failed State of California are pushing a bill that would allow minor children to divorce their parents.
The post Nolte: California Legislature Seeks to Let Kids Divorce Their Parents appeared first on Breitbart.
A California proposal that would implement a one-time tax on the state’s wealthiest residents has qualified to appear on the ballot in November, according to Secretary of State Shirley Weber.The so-called billionaire tax exceeded the required signature threshold Wednesday and is expected to be certified by Weber on June 25. The health care union behind the proposal, Service Employees International Union-United Healthcare Workers West, still has the option to withdraw the proposal before the confirmation deadline.‘I’ll do what I have to do to protect the state.’If enacted, the proposal would impose a tax of up to 5% on the net worth of California billionaires, with the full rate applying to those worth more than $1.1 billion, retroactive to anyone with primary residency in the state as of Jan. 1, 2026. Certain exemptions exist, including directly held real estate and qualifying retirement accounts.The proposal also requires that 90% of the collected revenue be spent on health care, with the remaining 10% divided between education and food assistance spending. The estimated revenue that would be raised is $100 billion. Supporters of the tax claim the money would assist in covering budget shortfalls caused by federal funding cuts in the One Big Beautiful Bill Act, Trump’s signature budget legislation that was passed last year. The proposal’s website says it would prevent the closure of hospital emergency rooms and nursing homes across the state. Rep. Ro Khanna (D-Calif.) and Sen. Bernie Sanders (I-Vt.) have been avid supporters of the tax, believing it will reduce wealth inequality, and Nvidia CEO Jensen Huang said he is “perfectly fine” with paying the tax. The Tax Foundation estimates that Huang would potentially owe $8.5 billion to the state. RELATED: Gavin Newsom cries political witch hunt — but are feds focused on an alleged $1.5M nonprofit pipeline to wife's business? Patrick T. Fallon/AFP/Getty ImagesHowever, many notable Democratic officials and organizations have come out in opposition to the tax. Governor Gavin Newsom told the New York Times, “This will be defeated,” adding, “I’ll do what I have to do to protect the state.” Even the California Teachers Association and Planned Parenthood Affiliates of California are not supporting the proposal. Critics argue that the tax will further repel job creation and investment, worsening the exodus of wealthy residents and corporations from the state.Google co-founders Larry Page and Sergey Brin have already moved portions of their assets and business structures out of California, and Palantir co-founder Peter Thiel reportedly has been considering leaving the state as a result of the tax proposal.Come November, the proposal would require only a simple majority to pass, if certified next week.Like Blaze News? Bypass the censors, sign up for our newsletters, and get stories like this direct to your inbox. Sign up here!
Aaron David Miller, Senior Fellow at the Carnegie Endowment for International Peace, comments on Vice President JD Vance’s warning to Israel against attacking its “only powerful ally.” He also discusses whether it’s likely Trump would resume bombing if Iran doesn’t hold their end of the bargain with midterms around the corner. He speaks to Kailey Leinz and Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.” (Source: Bloomberg)
Vice President Vance on Thursday issued a blunt warning to members of the Israeli government who have been attacking the deal with Iran: President Trump is the only friend you have left, and it would be unwise to cross him.Why it matters: Vance gave public voice to the consternation many on Trump's team have felt with Prime Minister Benjamin Netanyahu's government over the past three months. He also issued a veiled threat that if Israel undermines the deal, U.S. military support could be impacted.What he's saying: Asked about an Axios report that Netanyahu and his political allies were "fuming" over the deal, Vance said he'd read the story but hadn't experienced any fuming from Netanyahu — though he had been "bothered" by members of the Israeli cabinet attacking Trump over the deal. "Donald J. Trump is the only head of state in the entire world who is sympathetic to the nation of Israel at this moment in time, and he happens to be the head of state of the world's superpower. If I was in the cabinet of the Israeli government, I might not be attacking the only powerful ally that I have anywhere left in the entire world," Vance said.Vance added that Israel should consider that "two-thirds of the defensive weapons that have protected your homeland have been built by American hands and paid for by American tax dollars.""The problem for Israel is not Donald J. Trump, and anybody in Israel who thinks their biggest problem is the President of the U.S. needs to wake up and smell the reality of the situation that country is in," Vance said.The other side: Netanyahu has kept his frustrations with the deal private, but has been venting in private conversations, sources say.Some senior members of Netanyahu's cabinet — including ultranationalist ministers Betzalel Smotrich and Itamar Ben Gvir, but also ministers from Netanyahu's Likud party — have attacked Trump over the deal. Pro-Netanyahu voices in the Israeli media have made personal attacks against Vance as well as Trump's envoys Jared Kushner and Steve Witkoff.On Thursday, Netanyahu said the current situation requires the Israeli government to "remain calm, stand firmly on our security interests and at the same time preserve the important relationship with our American friends, who fought shoulder to shoulder alongside us, and for that we are deeply grateful."At the same time Netanyahu said Israel will not withdraw from the territories it has occupied in southern Lebanon "as long as Israel's security needs demand it."Friction point: The U.S.-Iran memorandum of understanding says the ceasefire includes the fighting between Israel and Hezbollah, and Israel would have to withdraw from Lebanon under any final deal.Vance said in a press conference on Thursday that the U.S. expects Hezbollah not to launch attacks against Israel, but also expects the Israelis "not to be going wild" in Lebanon. "The Israelis have to respect this peace process...the president's expectation is that all of our friends, the Israelis, the Arabs in the region are gonna work together and actually see this deal to completion," he said.A day earlier, Trump reiterated his criticism of Israel for knocking down "an apartment house every time you're looking for someone" in Lebanon.The latest: After Vance's press conference, Trump posted on Truth Social encouraging "everyone in the Middle East Region" to allow the deal to unfold successfully. "We expect a complete Ceasefire on all fronts, including Lebanon, Hezbollah, and Israel," he added.Go deeper: U.S. and Iran sign deal ahead of schedule
Vice President JD Vance eviscerated Israeli officials who have criticized President Trump over the US-Iran memorandum of understanding, blasting them for complaining about the document that requires them to stop striking Hezbollah in Lebanon.
