Forbes: The Misinterpretation of a Billion in Corporate Minimum Tax

TL/DR - The article discusses the implications of the proposed Corporate Minimum Tax (CMT) by the Biden administration. It explains that while the tax is set at 15% for companies reporting over $1 billion in profits, the actual threshold for this tax is much higher due to the specific calculations involved. The author argues that this could…

U.S. draft rules could exclude Aussie critical minerals from IRA subsidies

TL/DR - The US government has drafted rules that prevent businesses with stakes held by Chinese investors from receiving subsidies under the U.S. Inflation Reduction Act (IRA). The rules apply to enterprises "owned by, controlled by, or subject to the jurisdiction or direction" of China, Russia, North Korea, or Iran, with the upper limit for both…

Republican Lawmakers Exit Ukraine Aid Talks as Zelenskiy Cancels

TL/DR - Several Republican senators walked out of a classified briefing on Ukraine after a disagreement over the border crisis. The senators were expecting an update from Ukrainian President Volodymyr Zelenskiy, but he canceled his video link appearance at the last minute. The disagreement centered around emergency aid for Ukraine, which has been…

Exclusive: Insights from Meribeth Gandy Pezda | Sun Times News

TL/DR - Meribeth Gandy Pezda, a 55-year-old resident of Dexter, passed away on November 13, 2023. Pezda was a loving mother to two sons, a sister, and a devoted friend, and had a career as a dedicated social worker, researcher, and therapist. A memorial celebration of her life will be held on January 20, 2024, at First Presbyterian Church in Ann…