Federal Government Loses Up to $304 Billion Annually to Tax Fraud, New GAO Report Estimates

A recent report by the nonpartisan Government Accountability Office (GAO) estimates that the federal government loses between $116 billion and $304 billion annually to tax fraud. This staggering loss amounts to roughly two to six percent of total federal taxes owed, a figure that actually exceeds the entire annual budget of the Supplemental Nutrition Assistance…

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Spain’s Central Government Urged to Overhaul Tax Policies Following Slide in Global Competitiveness Rankings

Spain’s central government could learn valuable lessons about sound tax policy from both its own regional administrations and neighboring European countries, according to a sweeping new analysis. In the newly released 2026 International Tax Competitiveness Index (ITCI), Spain has suffered a notable decline, dropping sharply from 27th to 35th place out of 38 Organisation for…

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Central Banks Fuel Historic Gold Buying Spree Amid Mounting Government Debt and Dollar Weaponization

If you want to understand the driving force behind the relentless global accumulation of gold by central banks, the most direct approach is simply to ask the central bankers themselves. The global appetite for the precious metal remains unabated. In recent reporting periods, global gold reserves increased by another 39 tonnes, marking the continuation of…

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U.S. Government-Linked Wallets Move Over $100 Million in Bitcoin and BNB, On-Chain Data Shows

Wallets supposedly linked to the United States government moved more than $100 million in digital assets on Tuesday, according to fresh data compiled and published by blockchain intelligence firm Arkham. The substantial transfer of funds has once again drawn the attention of the broader cryptocurrency market, sparking discussions and speculation regarding the management and ultimate…

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