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ISIS and Taxation

 

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Just in time for the chapter on taxes and deadweight loss, a spate of articles in the news on how ISIS is taxing for revenue:

“They fight in the morning and they tax in the afternoon,” said Louise Shelley, the director of the Terrorism, Transnational Crime and Corruption Center at George Mason University.

…as Western and Middle Eastern officials have gained a better understanding of the Islamic State’s finances over the past year, a broad consensus has emerged that its biggest source of cash appears to be the people it rules, and the businesses it controls.

 

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