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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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May 26, 2026 / Kyle Anzalone
CENTCOM: Media Falsely Reported the Navy Is Attempting to Assist Ships Through the Strait of Hormuz
US Central Command said reports that the Navy is escorting commercial ships through the Strait of Hormuz. On Tuesday, The Wall Street Journal reported speaking with US military officials who said the Navy quietly resumed the operation to escort ships through the Strait of Hormuz. Earlier this month, Trump launched Project Freedom, a military operation […]
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May 14, 2026 / Tyler Durden
Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000
Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000
Chinese robotics firm Unitree, known for its robot dogs and humanoids, has unveiled a production-ready "manned mecha": a large robotic machine piloted by a human.
Unitree wrote on X that the manned mecha costs $650,000 and weighs as much as a car. The bipedal mecha is piloted by a human operator who sits in its belly.
The machine looks like something out of a sci-fi movie. And it tranforms into a giant robo-dog.
Chinese media outlet Global Times reported that Unitree Robotics CEO Wang...
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Jun 29, 2026 / Kyle Anzalone
Defense Minister Says Israel Ready to Return to War with Iran ‘Tomorrow’
Defense Minister Israel Katz said Tel Aviv would conduct a large attack on Iran if Tehran fired a missile at Israel. Iran has attacked Israel over Israeli ceasefire violations in Lebanon. “If Iran fires missiles at Israel, Israel will strike Iran with force,” Katz told reporters on Monday. “There is no equation we will accept […]
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