Peter St Onge Podcast Ep 146 Weekly Roundup: “Tax Armageddon" for Blue States
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Nov 10, 2025 A fascinating discussion on looming tax hikes in blue states and the potential flight of taxpayers is presented. Bill Gates’ surprising shift away from alarmist climate rhetoric raises eyebrows, hinting at changes in climate funding. Meanwhile, European studies wake us up to the hidden costs of migration. In Argentina, the seismic victory of Javier Milei promises sweeping reforms. Finally, a sobering look at the staggering $38 trillion federal debt leaves listeners contemplating future financial stability.
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Blue-State Tax Spiral
- Blue cities and states plan aggressive wealth and head taxes that risk driving out high earners and corporations.
- Peter St Onge warns this will create a feedback loop of falling taxes, services, and taxpayer exodus similar to Detroit and Baltimore.
Climate Funding Skews Science
- Bill Gates reportedly suggests pivoting away from doomsday climate narratives toward poverty priorities.
- Peter St Onge argues the climate industry became propaganda driven by huge funding and academic incentives.
Position For Policy-Driven Costs
- Expect more costly green projects and mandates to continue because vested interests profit from them.
- Prepare finances and investments for regulation-driven price increases and potential asset shifts like gold.