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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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Jun 7, 2026 / Kyle Anzalone
Ukraine Conducts Large-Scale Attack on St. Petersburg
Ukraine fired hundreds of drones at Russia on Saturday, including at Moscow and St. Petersburg. The mass drone salvo was launched as a major international event was wrapping up in St. Petersburg. The St. Petersburg government ordered residents to shelter in place on Saturday amid a Ukraine drone attack. The city’s mayor reported that three […]
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Jun 30, 2026 / Alan MacLeod
FARA Docs: Israel is Spying On Millions Of Christian Americans In Their Churches
If you are a Christian living in the Western United States, you have almost certainly been targeted with pro-Israel, anti-Palestine propaganda, paid for directly by the government of Benjamin Netanyahu. Your searches, location, and internet activity is being monitored by Israel, and your algorithms and search results across multiple platforms are being manipulated by Israeli […]
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Jun 17, 2026 / Tyler Durden
Ease In Our Time
Ease In Our Time
By Micael Every, Global Strategist at Rabobank
Yesterday saw the BOJ hike rates to 1%, the highest level since 1995, and the RBA hold at 4.35%, with some chatter of the next move being down, not up, despite inflation running way above 2%. Today it’s the turn of new Fed Chair Warsh who, like the other central banks, has to deal with a geopolitical backdrop which may or may not allow for any monetary policy easing.
There, the text of the 14-point US-Iran MoU has been leaked ahead...
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