A Very Brief History of Taxation and the State

US Sanctions Turkish Bank Over Alleged IRGC Transfers In Latest Action Via The Cradle The US Treasury announced sanctions on Friday on a Turkey-based bank and two of its subsidiaries, accusing them of moving tens of millions of dollars on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force and facilitating Tehran's movement of funds across the international banking system.  “"Financial institutions continue to find out the hard way that we are serious about Operation Economic Outcast," US Treasury Secretary Scott Bessent said. "We know who you are, we know where...

Johnson To Advance New 60-Day DHS Funding Package But Schumer Says DOA House Speaker Mike Johnson agreed to put a short-term DHS funding package on the floor The resolution would fund all of DHS, including ICE and CBP It would replace the Senate-passed bill on the House floor Chuck Schumer says it's 'DOA' Update (1340ET): After meeting with the Freedom Caucus, House Speaker Mike Johnson (R-LA) has agreed to advance a 60-day continuing resolution (CR) to the House Floor, which would fund all of DHS - including ICE and CBP - in lieu of the narrower Senate-passed bill. This...

Trump Rejects Iran Offer, Prepares 'Short Wave' Strikes, As Oil Prices Soar & Congressional GOP Members 'Restless' Summary CENTCOM reportedly preparing for "short wave of strikes" on Iran in order to potentially break the Hormuz impasse & force Tehran back to the negotiating table. Trump rejects Iran proposal as it won't give up nuclear program. Trump recently met this week with oil and gas executives at the White House to address energy fallout, and as oil pushes higher: Axios. Trump warns Iran to "get their act together" and to "get smart" - and for...