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The Mamdani Effect Didn’t Happen. Why the Rich Aren’t Fleeing New York

On the eve of socialist Zohran Mamdani’s victory in the New York mayoral election, many predicted a mass exodus of the wealthy from the city. However, two months after his inauguration, millionaires have not gone anywhere despite a proposed city tax for the ultra-rich.

#America #elections #DemocraticPartyoftheUnitedStates #ZohranMamdani #leftandright #millionaires #Taxation #inequality #NewYork #neutral

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Tax burden on Russian citizens will rise to 65%. The reason — the war in Ukraine

The Ministry of Finance announced the initial budget parameters for 2026 and 2027-28, as well as changes in tax legislation that will help implement this budget. And this is a wartime budget.

#business #budget #WarinUkraine #state #minfin #Taxation #society #Russia #finance

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Will There Be Enough Oil for the Guns? Economic Perspective on the Alaska Meeting Results

So, the meeting between Donald Trump and turned out to be brief, meaningless, and strange. There will be no ceasefire on the Russian-Ukrainian front; the war will continue. Until a peace agreement is reached or indefinitely – it’s anyone’s guess. But even if Russia has enough soldiers and weapons to keep fighting, will it have enough resources to maintain economic stability for as long?

#Alaska #WarinUkraine #militaryindustrialcomplex #India #China #Taxation #oil #Putin #Russia #sanctions #USA #shadowfleet #Trump #finance

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