Article
Mamdani's Tax Plan Is A Warning To America: Counterproductive And Regressive
Mamdani's Tax Plan Is A Warning To America: Counterproductive And Regressive
Authored by Daniel Lacalle,
Zohran Mamdani’s tax package is a warning to America.
It is what you may expect when the radical left takes power. Demolition of the private sector and destruction of potential growth and jobs.
Mamdani’s plan is not ambitious nor innovative; it is precisely the interventionist system that has been implemented throughout decades in countries that now suffer stagnation and elevated unemployment. It concentrates New York City’s fiscal risk onto a narrow and mobile base of taxpayers and companies...
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Apr 24, 2026 / Tyler Durden
Speculation Persists That Ghalibaf Replaced With More 'Hardline' Figure As Pentagon Says Iran Is Laying More Mines In Hormuz
Speculation Persists That Ghalibaf Replaced With More 'Hardline' Figure As Pentagon Says Iran Is Laying More Mines In Hormuz
Summary
Avalanche of Friday morning headlines speculating on Iran FM travel to Pakistan, and potential US delegating arriving too, but much appears speculation.
Third US aircraft carrier, the George HW Bush, has finally arrived in Mideast regional waters after taking the long way around Africa.
Hegseth in presser renews call, highlighting main issue, for Iran: "All they have to do is abandon a nuclear weapon in meaningful and verifiable ways..."; Warns Iranians over continued...
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May 5, 2026 / Tyler Durden
Job Openings Drop But More Than Offset By Record Surge In Hiring
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Two months ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October. Then, one month later it turned out the jump was even higher than that when the BLS published the February JOLTS print, when we learned that the January job print was revised massively higher by another 300K to 7.240MM from 6.946MM, a surge of 690K and the biggest since 2022; February job...
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May 1, 2026 / Tyler Durden
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Authored by Mary Prenon via The Epoch Times,
America’s mortgage debt continues to escalate, hitting the $13.2 trillion mark, according to an April 30 WalletHub report.
The personal finance website and app indicated that the average U.S. household owes nearly $109,000 in outstanding mortgage balances and that mortgage debt has remained on an upward trend over the past few years.
“Mortgage rates are the highest they’ve been in around a decade, and home prices have seen a meteoric rise in recent years...
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