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Isis revenue drops nearly a third after loss of territory shrinks tax base

Islamic State’s revenues have dropped about 30% since mid-2015, forcing the group to introduce a range of new taxes, a research group has said.

“In mid-2015, the Islamic State’s overall monthly revenue was around $80m,” said Ludovico Carlino, senior analyst at IHS, which issues regular reports on Isis-controlled territory.

  • Oh, the company is folding in on itself. Oh, too bad!

    It’s time to bankrupt Qatar.

    • They don’t seem cash strapped.

      • Qatar saves money by using North Korean slaves.

        • DMB

          Which probably explains why North Korea always seems to get a pass by Islamists.

    • dance…dancetotheradio

      They must be socialists, too.

  • No thanks to Barack Obama and the U.S. It was thanks to Putin and the Russians, who were the only ones bombing ISIS oil resources at the time, by which ISIS was able to finance its terror operations.

    Although it pains me to say it, “Thank you Vladimir Putin — thank you Russia!”

  • Brian Jones

    Not to worry – Prime Minister Retard will be happy to send them a few billion bucks to tide them over.

    • dance…dancetotheradio

      Hey man.
      Weren’t you a rolling stone?

      • Brian Jones

        Yes, but I’m better now. Reincarnation rocks.

        • dance…dancetotheradio

          Have you ever heard of the band Brian Jonestown Massacre?

          • Brian Jones

            Bits and pieces. They seem crazy in an interesting way, or at least the frontman does.