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Hochul Targets NYC's Multimillion-Dollar Second Homes In $268 Billion Budget Framework
Hochul Targets NYC's Multimillion-Dollar Second Homes In $268 Billion Budget Framework
New York is taking direct aim at the city’s ultra-wealthy absentee owners. In a major policy shift announced Thursday, Governor Kathy Hochul and state legislative leaders reached a framework agreement on a $268 billion state budget that includes a new annual tax on multimillion-dollar second homes in New York City - a move designed to generate roughly $500 million a year to help close the city’s projected $5.4 billion budget deficit.
The proposal, often called a “pied-à-terre” tax (French for...
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Apr 14, 2026 / Tyler Durden
Fill 'er Up: Record Armada Of Tankers Bound For US Gulf To Load Oil
Fill 'er Up: Record Armada Of Tankers Bound For US Gulf To Load Oil
An unusually large number of crude oil tankers on the open seas has the American Gulf coast as a destination as the ships are redirected to load cargoes bound for markets around the world already experiencing shortages.
As Alton Wallace writes at The Center Square, second-term Republican President Donald Trump said Saturday on social media that “massive numbers” of “completely empty” oil tankers are en route to the United States to purchase American energy.
“Foreign buyers are voting with their ships: American energy means stability, strength,...
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Oct 8, 2026 / Tyler Durden
A Leaner Federal Workforce Is A Win For Taxpayers
A Leaner Federal Workforce Is A Win For Taxpayers
Authored by David Harsanyi via The Epoch Times,
One of the most unheralded policy successes of President Donald Trump's second term has been the purging of many unnecessary federal jobs.
The U.S Capitol building in Washington on May 5, 2025. Madalina Vasiliu/The Epoch TimesThe federal government has reduced its workforce by 300,000 jobs since Jan. 20, 2025, bringing it down to a still-bulky 2.7 million employees. Not since President Lyndon Johnson's Great Society vastly expanded the scope of the national government has the...
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Aug 6, 2026 / Tyler Durden
The Vanishing Art Of Presence
The Vanishing Art Of Presence
Authored by Joseph Varon via Brownstone Institute,
Medicine is always changing. In my career, I have seen intensive care units go from simple rooms with oxygen, monitors, and clinical intuition to places where artificial intelligence can predict problems before we notice them, bedside ultrasound helps us avoid guessing, and robotic systems help surgeons work with great precision. Telemedicine now lets specialists care for patients who are far away. These advances have saved lives, made care more accessible, improved efficiency, and helped doctors reach patients who might...
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