Article
Mamdani Proposes Massive Estate Tax Exemption Cut From $7M To $750K, Among Other Tax Increases
Mamdani Proposes Massive Estate Tax Exemption Cut From $7M To $750K, Among Other Tax Increases
New York City Mayor Zohran Mamdani is urging Albany to consider a sweeping overhaul of New York’s estate tax, proposing to sharply lower the exemption threshold and dramatically increase the top rate on large inheritances. His plan would cut the exemption from more than $7 million to $750,000 while boosting the highest tax rate from 16 percent to 50 percent, Bloomberg reported.
The idea was included in a policy memo his administration recently shared with state...
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Apr 21, 2026 / Tyler Durden
Vance's Pakistan Trip 'On Hold' After Iran Demands Lifting Blockade Of Its Ports, Talks Appear Off
Vance's Pakistan Trip 'On Hold' After Iran Demands Lifting Blockade Of Its Ports, Talks Appear Off
Summary
Vance's trip to Islamabad 'on hold' as talks appear off for now after Iran demanded US lift blockade of ports.
Neither side wants to appear 'weak' by flying to Pakistan first without the other side having already clearly committed. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row.
Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM
As just 12 ships...
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Apr 15, 2026 / Kyle Anzalone
Republicans Kill Resolution Directing Trump to End the War Against Iran
A resolution proposed by Democratic Senator Tammy Duckworth, instructing President Donald Trump to end the war against Iran, was rejected by the Senate. On Wednesday, the upper chamber rejected the legislation on a 52-47 vote. Senator Rand Paul was the only Republican to vote for the resolution, and John Fetterman was the only Democrat to […]
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Apr 24, 2026 / Tyler Durden
TerraPower Commences Construction of Utility-Scale Advanced Reactor
TerraPower Commences Construction of Utility-Scale Advanced Reactor
TerraPower has officially broken ground on Kemmerer Unit 1 in Wyoming, set to become America’s first utility-scale advanced nuclear power plant.
A new chapter for advanced nuclear energy🔧
We marked the start of construction on our first Natrium® plant, Kemmerer Unit 1. As the first utility-scale advanced nuclear power plant in the US, Kemmerer Unit 1 will advance reliable and resilient energy. https://t.co/xaJR0T595c pic.twitter.com/XvpzJqzy03
— TerraPower (@TerraPower) April 23, 2026
As we reported when the NRC granted the construction permit in March, this step represents the start...
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