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Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
Newsom Scrubs '$100 Million' Slippery Slope From National 'Billionaire Tax' Pitch - And He's Coming After Inheritance Too
California Governor Gavin Newsom (D) on Friday called for a national tax on billionaires. Except, in the original version, it was anyone with a net worth of at least $100 million - as quoted by multiple outlets, citing a post from Newsom's Substack account.
As originally reported by Politico:
His plan to address the country’s yawning wealth gap includes “a true minimum tax on billionaires and those with a net worth of $100 million” and creating a national public...
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May 22, 2026 / Tyler Durden
CEO Saves His Failing Company By Firing Entire HR Department
CEO Saves His Failing Company By Firing Entire HR Department
When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company's bloated 7500 person workforce. This included almost all HR related employees. The company roster was pared down to a lean 1500 people. Everyone in the establishment media claimed that Twitter (now called "X") was going to collapse.
The political left and their corporate allies did everything in their power to make this happen, including advertising cancellations and even...
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May 28, 2026 / Tyler Durden
Tony Blair Calls For UK To Get Closer To Trump And Ease Climate Change Targets
Tony Blair Calls For UK To Get Closer To Trump And Ease Climate Change Targets
Authored by Rachel Roberts via The Epoch Times,
Former British Prime Minister Tony Blair, who led the Labour Party to three election victories, said the government should repair its relationship with the United States rather than look to rejoin the European Union.
Blair, who remains a deeply divisive figure within the party, published an essay on Tuesday amid a crisis engulfing Prime Minister Keir Starmer, with a leadership challenge widely expected by September.
The influential former premier, who...
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Jun 16, 2026 / Tyler Durden
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up
SpaceX has agreed to acquire AI coding startup Cursor for $60 billion, giving Elon Musk's artificial intelligence empire a leg up in the chatbot coding race currently led by frontier AI labs such as OpenAI, Anthropic, and Google.
The Cursor acquisition was announced in a SpaceX 8-K filing with the SEC on Tuesday morning. Details of the deal show that Cursor shareholders will receive SpaceX Class A common stock, implying a Cursor equity value of $60 billion.
The...
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