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Progress On A Global Corporate Tax Rate?

Will there be a global deal on corporate taxation of multinationals later this year?
The Financial Times reports that Group of Seven countries is closing in on an agreement. France, Germany and Italy think the US offer of a15 percent global minimum tax could set the stage for an international deal by July. United Kingdom Prime Minister Boris Johnson also welcomes the US commitment to a tax on digital companies. Treasury Secretary Janet Yellen will meet with G-7 finance ministers in early June.
Less progress on a bipartisan infrastructure bill. White House aides say the president is willing to keep talking to Senate Republicans but one top GOP lawmaker, Roy Blunt, says his party may pull the plug on negotiations in “a week or 10 days.” Democrats increasingly are skeptical that Republicans will agree to any bipartisan bill. ....

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Iowa workers would have to wait a week for unemployment under new bill

For the second time this session, some Republicans are pushing legislation to cut unemployment insurance benefits.
Sen. Dan Dawson, R-Council Bluffs, filed a bill Monday that requires workers who lose their jobs to wait a week before receiving payments. During a subcommittee hearing Wednesday, a pair of business lobbyists said the measure would prevent increases in a tax on employers and give Iowa Workforce Development more time to weed out fraudulent claims.
The Senate Ways & Means Committee approved the bill, 10-5, on Wednesday night, moving the legislation to the chamber floor for another vote.
The proposal comes after Iowa issued $1.25 billion in unemployment insurance benefits in 2020, by far the most the state has paid in a single year. Employers laid off a record number of workers because of business shutdowns and curtailments as a result of the COVID-19 pandemic. ....

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5 times Washington lawmakers failed at working remotely in 2021

5 times Washington lawmakers failed at working remotely in 2021
columbian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from columbian.com Daily Mail and Mail on Sunday newspapers.

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Selectmen to consider options for federal stimulus money

Selectmen to consider options for federal stimulus money
Robert Barboza
© [File]
Old Town Hall, Lakeville
LAKEVILLE Selectmen met virtually with their state legislators last week to get an update on the steady flow of federal pandemic relief and economic stimulus grant money being funneled to Massachusetts cities and towns.
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In the first meeting after the annual town election, newly-elected Lorraine Carboni was welcomed to the board. During its annual reorganization session, the board named Lia Fabian as the new chair; member Richard LaCamera moved to vice chair for the next year.
The town received a$1.66 million allocation for pandemic related expenses under the CARES Act, the first federal relief bill passed last year. Much of that reimbursement money went to the school department, with the fire department adding two temporary firefighter/EMTs to help with the pandemic surge. ....

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Selectmen meet virtually with state legislators

LAKEVILLE Selectmen met virtually with their state legislators last week to get an update on the steady flow of federal pandemic relief and economic stimulus grant money being funneled to Massachusetts cities and towns.
In the first meeting after the annual town election, newly-elected Lorraine Carboni was welcomed to the board. During its annual reorganization session, the board named Lia Fabian as the new chair; member Richard LaCamera moved to vice chair for the next year.
The town received a$1.66 million allocation for pandemic related expenses under the CARES Act, the first federal relief bill passed last year. Much of that reimbursement money went to the school department, with the fire department adding two temporary firefighter/EMTs to help with the pandemic surge. ....

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