corporatetax
Treasury Secretary Janet Yellen met with the G7 leaders last week and scored a long-sought achievement: she reached an agreement with the finance ministers from the G7 on a global minimum corporate tax. Part of that deal was intended to garner support for corporate increases for which the Biden administration has championed. The idea is to have companies pay a minimum of 15 percent on income, regardless of their locations. But as Yellen headed home to the U.S. over the weekend, she acknowledged that she might encounter a challenge when speaking to Republican lawmakers. Ever since the Biden ad...
uPolitics.com
In hisDaily Market Notes report to investors, while commenting on the revival of meme stocks, Louis Navellier wrote: Q1 2021 hedge fund letters, conferences and more Meme Stock JittersThe revival of Meme Stocks adds to investor concerns that the market may be "frothy" due to so much liquidity that's been injected in the economy both from the Fed's Quantitative Easing and the massive stimulus funds sent out to the public. Anything that makes the market appear irrational for more than a short transition period is a disincentive for investors to commit more capital, particularly retail investors....
ValueWalk
Senate Minority Leader Mitch McConnell (R-Kentucky) released a scathing statement condemning big business, which he says is acting like “a woke parallel government.” McConnell’s statement highlights the increasingly strained relationship between Republicans and the corporate sector. McConnell has supported tax cuts for corporations and sought business contributions relentlessly throughout his career. “Corporations will invite serious consequences if they become a vehicle for far-left mobs to hijack our country from outside the constitutional order,” McConnell said. “Our private sector must sto...
uPolitics.com
Small Businesses Applaud Critical Infrastructure Investments in American Jobs Plan and Look Forward to the Announcement of Investments in Working Families and Care Infrastructure Outlined in the Overall Build Back Better Plan Q4 2020 hedge fund letters, conferences and more Small Businesses Applaud Biden's American Jobs PlanAhead of President Biden’s announcement of first half of the Build Back Better Plan today, the American Jobs Plan, Main Street Alliance Government Affairs Director Didier Trinh had this to say: “While small businesses are still bearing the brunt of the pandemic, including w...
ValueWalk
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