Tag: United States

Tax break for corporate meal expenses inserted into coronavirus aid package

Tina Marie (Ms. Cat)

Tax break for corporate meal expenses inserted into coronavirus aid package

Since the 1980s, businesses have only been able to deduct 50 percent of their meal expenses off their federal taxes. A proposal championed by the White House and Sen. Tim Scott (R-S.C.) would increase that deduction to 100 percent allowing companies to deduct the full cost of a business meal off their federal taxes.

PLO lays forth conditions for Palestine to restore ties with US

Tina Marie (Ms. Cat)

PLO lays forth conditions for Palestine to restore ties with US

The committee agreed to restore ties with the US if the new administration allows for the PLO office in Washington to resume its work.

Other conditions include withdrawing support for Israeli plans to extend its sovereignty over parts of the West Bank and settlement activity and resuming two-state solution discussions.

Fed Chair Powell Opens a Big Can of Worms at His Press Conference

Tina Marie (Ms. Cat)

Fed Chair Powell Opens a Big Can of Worms at His Press Conference

What the Fed did back then, which it knows it can still do at the drop of a dime today, is to demand an adequate amount of securities as collateral from the Wall Street firms that request its emergency loans. There is zero need or rational reason to make the U.S. taxpayer backstop potential losses on Wall Street – particularly when today’s Wall Street funding problems began months before COVID-19 reared its head in the United States.

Pentagon Looking to Withdraw Support From CIA Counter-Terrorism Operations

Tina Marie (Ms. Cat)

Pentagon Looking to Withdraw Support From CIA Counter-Terrorism Operations

One aspect of the plan is to determine if DOD personnel assigned to the CIA should instead be involved with missions to compete with Russia and China. The move is another sign of the Pentagon’s focus away from counter-terrorism in the Middle East and North Africa towards so-called “great power competition” with Russia and China as outlined in the 2018 National Defense Strategy.

So regime change for China and Russia?!