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Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further
Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further
One of the co-authors of California’s controversial 'one-time' tax on billionaires appeared to suggest that the levy could extend beyond a single imposition.
Marxist economics professor Emmanuel Saez, who hails from France, made the comment during a Tuesday debate against economist Arthur Laffer at the University of California, Berkeley.
“I don’t think it’s going to be a one-time tax. Because you can’t surprise billionaires more than once,” Saez said. "Even then, maybe some of them were expecting something...
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Apr 6, 2026 / Ron Paul
Worse than John McCain?
Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose. The decline in stocks and increase in oil prices reflected disappointment over President Trump’s failure to articulate a plan to end the Iran War and the related restraint of shipping through of the Strait […]
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May 19, 2026 / Tyler Durden
Pakistan Deploys Thousands Of Troops, Jet Fighter Squadron To Saudi Arabia
Pakistan Deploys Thousands Of Troops, Jet Fighter Squadron To Saudi Arabia
Via The Cradle
Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to Saudi Arabia under a mutual defense pact, Reuters reported on Monday, citing security and government officials.
The officials described the Pakistani deployment as a "substantial, combat-capable force intended to support Saudi Arabia's military if the kingdom comes under further attack," Reuters wrote.
Illustrative via Pakistan air force
Pakistan's military cooperation with the Saudi kingdom is expanding amid threats by the US and Israel to renew military operations against Iran,...
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Apr 30, 2026 / Tyler Durden
Saudi Arabia Public Investment Fund To Stop Funding LIV Golf After 2026 Season
Saudi Arabia Public Investment Fund To Stop Funding LIV Golf After 2026 Season
LIV Golf is preparing to inform players and staff that its main financial backer, Saudi Arabia’s Public Investment Fund, will stop funding the league after the 2026 season, according to Golfweek. The announcement—expected midweek—would open the door for CEO Scott O'Neil to pursue new investment to keep the tour running.
Since launching in 2022 as a challenger to the PGA Tour, the circuit has reportedly burned through more than $5 billion while failing to gain meaningful U.S. viewership....
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