Sen. Warren to Continue Pushing for Wealth Tax as Member of Senate Finance Committee

by Paden Kegan

Despite not winning the Democratic presidential nomination, Sen. Elizabeth Warren says she will still push for her radical campaign calls for Wealth Tax.

Last Tuesday, February 02, Senator Warren confirmed that she will soon be joining the Senate Finance Committee. The committee membership is considered a choice assignment since she will have greater ability to push for a tax legislation that will impose levy on amassed wealth amounting to more than $50 million. In fact her announcement served as an ominous warning to the super rich, saying that introducing a WealthTax will her first order of business.

During President Biden’s campaign for presidential nomination, his tax proposal was to raise taxes on households with more than $400,000 in annual earnings, and to hike up the rate of corporate taxes, as well as to make certain modifications on Capital Gains Tax. Despite the contrast, the former Vice President still won the primary elections, relegating Wealth Tax proponents Senator Bernie Sanders and Senator Elizabeth Warren to second and third positions, respectively.

Brief Overview of Senator Warren’s Forthcoming Wealth Tax and Other Legislation Proposals

The Massachusetts senator’s office said that the Wealth Tax she plans on legislating is basically the same as the “two-cent tax” she voiced during her campaign, plus an “additional surtax” that will be imposed on every dollar of wealth exceeding $1 billion. The surtax rate, though, is yet to be determined.

Moreover, Senator Warren promised that she will still continue to push her campaign calls for cancellations of student loans, for changes that will make college education more affordable and for increasing funding for K-12 education. In a related statement, Senator Warren said she will continue to fight for the working families to provide them with meaningful relief, by being a progressive voice in instituting long lasting economic security for struggling American families.

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Lawsuit Loans From The Best Lawsuit Loan Companies – What Are They?

by Heather Feliks

When you are an injured plaintiff of a car accident, things can become extremely expensive. Providentially, there are several of the best lawsuit loan companies in the legal financing industry. When people who suffered injury in a car accident, they are faced with increasing bills and expenses. However, with inadequate source of income, a plaintiff, especially those in personal injury cases, consider borrowing funds against the compensation they hope to get if and when they win the lawsuit. This type of funding is called settlement funding, lawsuit funding, lawsuit cash advances, or lawsuit loans.

Lawsuit loans from the best lawsuit loan companies can provide financial support to plaintiffs who are unable to manage to pay for living expenses and other expenditures for the duration of the lawsuit, as well as give you more time to make negotiations for a much more favorable settlement claim.

Lawsuit Loan – What Is It?

Filing a lawsuit can be a time-consuming as well as expensive endeavor. In the event your injury has caused you to suffer income loss or sustain unforeseen expenses such as medical costs, your financial circumstance may possibly become worse even before you are able to settle or win your lawsuit.

If this is the case, you might be taking into consideration the possibility of applying for a lawsuit loan, also called a lawsuit cash advance, to aid in easing and cutting down financial strain as you await for your lawsuit result. By means of a lawsuit loan, a lawsuit financing firm will purchase your right to a percentage or all of your settlement or lawsuit award in return for a cash advance you that you will receive while your lawsuit or case is pending and waiting for a decision.

Lawsuit Loans Advantages

There are benefits of applying for a lawsuit loan from the best lawsuit loan companies. Below are two:

  • Eases Your Financial Burden. Up until your lawsuit is settled, this type of funding can provide you the funds you require so you could pay your daily and/or monthly expenses such as food, rent or mortgage, and medical expenses.
  • Provides You Extra Time to Negotiate a Decent Settlement. If you are relying on the lawsuit award or settlement in order to have the funds to pat for the abovementioned, getting a lawsuit loan may provide you additional time so you can negotiate or look into settlement offers that are better and more favorable. But, do remember that as a plaintiff, your aim is to get a just result, not to prolong the litigation process. With a lawsuit loan easing your financial burden, your attorney and you can have extra time to make negotiations with the defendant. In case a reasonable settlement isn’t given by the defendant, a lawsuit loan may provide you the financial means to bring your case to court.
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Trump and Biden Raising Funds for Election Lawsuits but with a Difference

by Paden Kegan

As Trump insists he won the presidential election, his campaign team is raising funds to finance the legal costs of proving he lost due to election fraud. Trump supporters have been receiving emails in which donations are being solicited to financially support the filing of lawsuits filed in several stated to prove Trump won the presidency.

Some Republican voters who received such emails spoke to the press people but on conditions of anonymity. While the emails gave estimates that the anticipated legal costs will amount to as much as $60 to $100 million, the donation page revealed additional information that many supporters found disturbing.

Trump’s Current Fund Raising Drive, a Last Ditch Effort to Fill Campaign Coffers

Apparently, the fundraising emails are last ditch efforts to get hold of money that will cover the unpaid balances of contracts entered by Trump’s campaign team. As stated in fine print in the donation pages, the funds that will be solicited by the Trump campaign will be distributed as follows:

1.  Sixty percent (60%) of every donation that will be collected will be used to pay off unsettled obligations incurred during Trump’s 2020 campaign activities.

2.  The remaining 40% will go to the operations account of the Republican National Committee (RNC).

3.  Any funds remaining after all obligations have been settled, will be the amount that will go to the Legal Proceedings Account of the Republicans, for use in the payment of litigation expenses related to the electoral fraud lawsuits.

Based on the most recent finance reports of federal campaign funds, Trump and his campaign team had access to $60 million dollars in early October. However, in weeks prior to the day of the election, reports have it that Trump’s campaign team had contracted a hefty amount $160 million for television advertisements, which quite obviously, is way above the actual money that was available.

Actually, Trump will likely face more lawsuits once he steps out of the presidential office, and the filing of legal complaints regarding the results of the 2020 election is seen as the only legal means of delaying the transfer of power to President-elect Joe Biden.

Biden Camp is Also Soliciting Similar Donations from Supporters

In fairness, the former president is not the only one who is currently taking actions for the lawsuits. President-elect Biden’s campaign team has also established a new committee called the Biden Fight Fund.

This committee will help shield Biden’s campaign from the lawsuits that Trump and his party are poised to file. Emails have been sent to Biden supporters, encouraging them to donate $25 as aid to the team in constructing legal efforts, which accordingly will work toward making sure democracy will triumph.

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