Global Tax Agreement Exempts US-Based Multinationals

Global Tax Agreement Exempts US-Based Multinationals

Through the OECD, nearly 150 nations have reached an updated Global Tax Agreement that builds on the 2021 framework to prevent big multinational corporations from transferring profits. The revised agreement creates a “side-by-side” arrangement that essentially shields multinational corporations with headquarters in the United States from the 15% global minimum tax, guaranteeing that they continue…

Why One-Off Federal Investments Won’t Solve the US Critical Mineral Shortage

Why One-Off Federal Investments Won’t Solve the US Critical Mineral Shortage

There is a US critical mineral shortage. The U.S. government has recently grabbed headlines for backing mining and processing projects that produce the raw materials essential for things like electric vehicle batteries, renewable energy systems and high-tech electronics. These are called critical minerals and include lithium, rare earths, graphite and other hard-to-replace elements that most…