Sure it will…

The US imposed a tax on telephones to pay for the Spanish American War. That tax was removed in 2006, a mere 108 years after the war…

In addition to the flood levy, the government will cut spending in other areas, she says.

AUD/USD is consolidating around 0.9925, in a holding pattern with sellers still seen clustered in the 1.0015/25 area. Buyers are still seen toward 0.9800.