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Hartford School Board hopes to promote further work addressing racism in Vermont Hartford school board member Kevin Christie at the budget information session in White River Junction, Vt., on March 2, 2019. (Valley News - Geoff Hansen) Copyright Valley News. May not be reprinted or used online without permission. Send requests to [email protected]. Allene Swienckowski (Courtesy photograph) Modified: 3/13/2021 11:06:03 PM HARTFORD The Hartford School Board has taken the unusual step of publishing an open letter to Hartford residents and Vermont citizens, addressing long-standing issues of racism and racial harassment in towns across the state and calling for Vermonters to speak out against those incidents. ....
U.S. Cross-border Tax Reform and the Cautionary Tale of GILTI Daniel Bunn Key Findings The U.S. joined many other developed nations in adopting territorial provisions and anti-base erosion rules as part of the 2017 tax reform. One major piece of that reform, that is not typical in other territorial systems, is a new definition of currently taxable foreign earnings, Global Intangible Low Tax Income (GILTI), which is taxed at an effective rate of 13.125 percent, with the rate set to increase after 2025 to 16.4 percent. Recent research has shown that foreign earnings of U.S. companies remain taxed at similar rates even after the 2017 reforms, implying that while the structure of U.S. taxes on foreign earnings changed, the overall burden did not. ....