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Obama Criticizes ISIL for Raising Taxes

By CNSNews.com Staff | February 27, 2016 | 10:37am EST
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In an address delivered at the State Department on Thursday, President Barack Obama said that the Islamic State—which he referred to by the acronym ISIL—was stoking resentment among the populations under its control by hiking taxes.

“As its finances shrink, ISIL is also imposing more taxes and fines on those under its brutal rule,” said Obama. “That, in turn, stokes even more resentment among local populations. More people are realizing that ISIL is not a caliphate, it’s a crime ring.”

“So they’re not winning over hearts and minds, and they’re under severe pressure,” said Obama.

To read the transcript of the president's entire speech click here.

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