President Joe Biden - Kamala Harris Administration

It appears “community violence” has entered the lexicon.


The type of answers this lady is giving would be unsatisfactory in many jobs if she wasn't given softball after softball question. Pass after pass. She could stick around for 4 years with how laid back this high paying job probably is. She is either intentionally avoiding answers or just doesn't know.
 
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The type of answers this lady is giving would be unsatisfactory in many jobs if she wasn't given softball after softball question. Pass after pass. She could stick around for 4 years with how laid back this high paying job probably is. She is either intentionally avoiding answers or just doesn't know.

Just another recylced Obamanite. Gov, media. gov, media, then retire writing some BS book and get paid handsomedly for never really doing anything but spin and lie.
 
People appreciate competency, stability, and not turning everything into a complete dumpster fire.

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A freaking minimum global tax of 15%? This traitor needs to be impeached immediately.

Biden administration proposes global minimum tax of at least 15%
The global minimum tax (GILTI) discussed in your article was enacted by the Trump Administration, Congress, and the Treasury Department in 2017:

The Trump administration and congressional Republicans in 2017 cut the corporate tax rate to 21% from 35%. At the same time, the Treasury launched a U.S. minimum tax, of 10.5%, known as the Global Intangible Low-Taxed Income tax (GILTI) to capture revenue shifted by companies to tax-haven countries.

Biden and Treasury proposed raising the GILTI to 21%, but they have backed off to 15% recently after OECD talks.

Looks like the GILTI sweet spot is 12.5% per other OECD members. We shall see what happens.

But this isn't a new tax, it is an adjustment to the tax rate enacted by the Trump admin in 2017.

Basically what Trump and now Biden were trying to do was find an agreed upon global minimum rate that would tax companies dumping their revenue in offshore tax-havens. The only disagreement here is the rate at which they wanted to tax it.

Also, the tax code in the US really needs to be simplified, but that is an entirely different discussion.

This article explained things well, and Reuters is a pretty fair source.

U.S. Treasury floats global corporate tax of at least 15%
 
What’s up with the Biden’s sending someone to war torn “Palestine” to evaluate things and Kam can’t go to the US border
Gonna agree with you on this. If you are going to be the point person on Central American migration through Mexico into the US, you gotta go to the border. It has been over a month I believe since she was delegated this task. There are Democrats calling her out about this too (as they should).
 
Report: Biden Administration Urges U.S. Embassies to Promote Black Lives Matter Movement on May 25

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Secretary of State Tony Blinken is encouraging all U.S. embassies and diplomatic missions to honor the radical Black Lives Matter (BLM) movement on May 25, the anniversary of George Floyd’s death, according to a report by Human Events.

Reporter Jack Posobiec published what he says is a leaked cable from Blinken explaining how American representatives abroad are to encourage conversations about “systemic racism” and racial injustice in the United States.

The cable states: “The Department supports the use of the term ‘Black Lives Matter’ in messaging content, speeches, and other diplomatic engagements with foreign audiences to advance racial equity and access to justice on May 25 and beyond. We encourage posts to focus on the need to eliminate systemic racism and its continued impact.”

Report: Biden Administration Urges U.S. Embassies to Promote Black Lives Matter Movement on May 25
 

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