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IRS, Treasury Propose Cutting Tax-Exempt Status For Schools With Diversity Policies
IRS, Treasury Propose Cutting Tax-Exempt Status For Schools With Diversity Policies
Authored by Jack Phillips via The Epoch Times,
The Trump administration is proposing a new rule that would strip private colleges and schools of their tax-exempt status if those institutions engaged in racial discrimination through policies such as diversity, equity, and inclusion (DEI).
The U.S. Treasury Department and the Internal Revenue Service said on Thursday that a proposed rule would bar a private school from obtaining tax-exempt status under section 501(c)(3) of the U.S. tax code if the school "adopts, maintains,...
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Mar 4, 2026 / Dave DeCamp
Hegseth Brags of ‘Death and Destruction’ as US and Israeli Airstrikes Massacre Civilians in Iran
Secretary of War Pete Hegseth on Wednesday boasted of the “death and destruction” the US military can rain down on Iran, as reports say that US and Israeli airstrikes have killed over 1,000 Iranian civilians in just four days. Hegseth said at a press briefing that the US and Israel should soon have “complete control […]
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Mar 26, 2026 / Tyler Durden
The US Shows A Way Out Of Germany's Energy Trap
The US Shows A Way Out Of Germany's Energy Trap
Submitted by Thomas Kolbe
Big developments are underway in Tennessee and Alabama. Over the next five years, the joint Japanese-American project will bring several so-called small modular reactors (SMRs) of the BWRX-300 type online. Almost one percent of U.S. electricity production—slightly more than three gigawatts—will be added to the existing energy mix by reactors designed by Hitachi and GE Vernova.
A caveat for purists of market economics: this is a hybrid project. While the majority is privately financed, export support from Japan...
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Jun 16, 2026 / Tyler Durden
China's Return To The Oil Market Could Boost Inflation
China's Return To The Oil Market Could Boost Inflation
Submitted by Tsvetana Paraskova of OilPrice.com
The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite the expected ease of oil flows from the Middle East.
Late on Sunday, the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure. This re-opening could happen as soon as an agreement is signed on Friday. News...
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