Several ancient chinese dynasties did the same thing. so did the declining ottoman empire. significantly ramping up tax collection efforts is typically a hallmark of an economy and empire in decline. so we can’t be too surprised that, in its latest legislative bonanza, the us government is setting aside $80 billion for irs tax collection efforts..
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Extremely illiquid us equity futures (top of book depth is between $1-2mm) dropped after trading flat for much of the overnight session, ahead of a packed data slate today including retail sales, industrial production and capacity utilisation for august, the empire state manufacturing survey and the philadelphia fed business outlook for.