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US Multinational Tax Reform Options: Taxation of US Multinationals

US Multinational Tax Reform Options: Taxation of US Multinationals
taxfoundation.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taxfoundation.org Daily Mail and Mail on Sunday newspapers.

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Violent crime is spiking. We don't know why, but we know what to do: Political Gabfest.

It’s unclear why the murder rate has spiked, but the explosion in gun sales can’t be helping.
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Biden's American Families Plan will cost $700 billion more than White House estimates, report finds

Biden s American Families Plan will cost $700 billion more than White House estimates, report finds
asheffey@businessinsider.com (Ayelet Sheffey)
© Melina Mara/The Washington Post via AP, Pool
President Joe Biden. Melina Mara/The Washington Post via AP, Pool
Penn Wharton Budget Model predicted Biden s infrastructure plan will cost $2.5 trillion over 10 years.
It also said the plan will raise $1.3 trillion in tax revenue and increase government debt by 5% in 2050.
GOP lawmakers introduced a $568 billion counter-proposal, which Democrats called a slap in the face.
President Joe Biden unveiled his $1.8 trillion American Families Plan last week, which focuses on funding for childcare, education, and healthcare. ....

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FactChecking Biden's Address to Congress

Summary
In his first address to a joint session of Congress, President Joe Biden got some facts wrong and stretched others, mainly repeated claims we’ve heard before:
Biden said he inherited the “worst economic crisis since the Great Depression.” But when he took office, the economy had recovered some from its low point earlier in the pandemic.
He repeated the debunked claim that he had “traveled over 17,000 miles” with Chinese President Xi Jinping.
Biden referred to the American Jobs Plan creating “millions of jobs” and generating “trillions of dollars in economic growth.” The jobs estimate is accurate, but economic growth projections are mixed. ....

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Fact check: Joe Biden's first speech to Congress

Angelo Fichera, D Angelo Gore, Eugene Kiely and Robert Farley
FactCheck.org
In his first address to a joint session of Congress, President Joe Biden got some facts wrong and stretched others, mainly repeated claims we’ve heard before:
Biden said he inherited the “worst economic crisis since the Great Depression.” But when he took office, the economy had recovered some from its low point earlier in the pandemic.
He repeated the debunked claim that he had “traveled over 17,000 miles” with Chinese President Xi Jinping.
Biden referred to the American Jobs Plan creating “millions of jobs” and generating “trillions of dollars in economic growth.” The jobs estimate is accurate, but economic growth projections are mixed. ....

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