Minimum global corporate tax - Israel PM on trial - Software copyright ruling

India covid surge • LG quits smartphones • Netanyahu on trial • Software copyright ruling • Global corporate tax rate •
6 APR 2021
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Global corporate tax rate • Software copyright ruling • Netanyahu on trial • India covid surge • LG quits smartphones

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#1 in U.S. News • 44 articles
Why is Treasury Secretary Janet Yellen proposing a global corporate tax rate?
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  1. Top from last 48 hrs
    Yellen pushes for global minimum tax rate to create 'more level playing field.'
    NBC News (Moderate Left) • Credibility Grade 76% • 4 min read

    [Treasury Secretary Janet Yellen] called on other nations to support the initiative, saying that the U.S. is working with other G20 nations to develop and implement a global minimum tax, which she said would “stop the race to the bottom” and foster more equitable economic growth among countries and regions.
    ...
    Biden’s plan calls for a corporate tax rate of 28 percent — effectively splitting the difference between the 21 percent rate signed into law in 2017 and the 35 percent it had been prior to the GOP tax cuts — and for doubling the current offshore tax rate of 10.5 percent.
    ...
    “Countries that decide to attract ‘desirable’ firms or activities will find a way around the global minimum with tax credits [or] special deductions,” said Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics. “China will pay no attention to the OECD global minimum. Neither will Russia and many other countries.”
  1. Top from different political viewpoint
    Treasury Secretary Janet Yellen to propose 'global minimum corporate tax' to keep companies from moving overseas after Biden tax hike.
    Daily Wire (Right) • Credibility Grade 69% • 3 min read
  1. Top long-read
    Tax havens cost governments $200 billion a year. It’s time to change the way global tax works. (2020)
    World Economic Forum (Center) • Credibility Grade 69% • 7 min read

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TODAY'S POLL

Will a global corporate tax rate affect where companies show profits?

All votes are anonymous. This poll closes at: 9:00 PST



YESTERDAY'S POLL

Do you support President Biden’s infrastructure plan?

Yes
  34%
Maybe
  14%
No
  52%

600 votes, 241 comments


BEST COMMENTS

Yes - Power outages, pot holes, water pipes that poison, bridges that are decommissioned. Never ends. It's about time we invested in our infrastructure and look like the super power that we are not look like a war torn country. Ironically maybe that is why we look like a war torn country because of the huge amounts of spending on foreign wars and the war on drugs.


Maybe - If the pork fat is carved out of the bill to actually just focus on infrastructure (roads, bridges, dams, water projects, etc.) then yes I sup...


No - Raising taxes to pay for such a massive bill will hurt the economy. The taxes won't be able to pay fo...


#2 in U.S. News • 27 articles
How does a Supreme Court ruling affect copyright for software code?


    In a ruling on Monday, the Supreme Court found that Google could legally use elements of Oracle’s Java application programming interface (API) code when buildin...

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#1 in World News • 20 articles
How is Israel’s prime minister’s trial affecting the formation of a new government?


    The witness testimony and evidence stage of a case assessing whether the 71-year-old leader is guilty of bribery, fraud and breach of trust – repeatedly...

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#2 in World News • 17 articles
Why are Covid-19 cases surging in India?


    Cases [in India] have spiked quickly despite hitting record lows just two months earlier. It now ranks third behind th...

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#1 in Business News • 23 articles
Why is LG Electronics exiting the smartphone market?


    LG’s exit punctuates a drawn-out decline that took it from being one of the world’s top smartphone makers to an also-ran with less than a 2 percent share. Like other legacy...

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Sunday, April 4, 2021

Jordan attempted coup • Facebook data leak • Kansas mask mandate • Trump campaign refunds • Food stamps boost • 4 APR 2021 View in browser The Factual Facts, not fear. TRENDING TOPICS Food stamps boost

Updated travel guidance - Iran-US talks resume - MLB quits Atlanta

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US Capitol attack • March jobs report • MLB protests Georgia law • US-Iran nuclear talks • Updated travel guidance • 3 APR 2021 View in browser The Factual Facts, not fear. TRENDING TOPICS US Capitol

Foreign worker visas - EPA advisors purged - Ending work-from-home

Friday, April 2, 2021

Southern California shooting • Russia-Ukraine tensions • Worker visas resume • EPA advisors dismissed • Ending work-from-home • 2 APR 2021 View in browser The Factual Facts, not fear. TRENDING TOPICS

Biden’s infrastructure plan - UK racism report - NY legalizes marijuana

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Congressman sexual misconduct • Brazil's cabinet shake-up • UK racism report • NY marijuana legalized • Biden's infrastructure plan • 1 APR 2021 View in browser The Factual Facts, not fear.

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