Politics
Ways and Means eyeing limits to corporate tax deductions
The House Ways and Means Committee is looking at limiting corporate state and local tax deductions as one way to offset the costs of a large party-line tax bill, according to two people familiar with the discussions. The panel, which oversees all tax policy, is considering the limit among other potential offsets for the bill…
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Politics
What’s really at stake between Mexico and England
LONDON — It’s not just England’s World Cup dreams on the line tonight. There also a quieter diplomatic subplot: Mexico would quite like to restart stalled trade talks with Britain.
In an interview with Blue Light News in April, the country’s trade minister Luis Rosendo Gutiérrez Romano said Mexico wants to “relaunch” negotiations in the second half of this year, focused on pharmaceuticals, financial services and advanced manufacturing.
The two nations already trade under a rolled-over post-Brexit deal and sit in Comprehensive and Progressive Agreement for Trans-Pacific Partnership, an Asia-Pacific trade bloc which the United Kingdom was the first European country to join.
A U.K. official confirmed this week that trade talks are under discussion but said no timeline has been set — so the relationship is in play, both on-field and off-.
Politics
Burgum defends white nationalist group’s Independence Day march, citing First Amendment
Interior Secretary Doug Burgum on Sunday said he disagreed with the beliefs of a white nationalist group that marched through the nation’s capital on Independence Day but defended their right to do so, despite concerns from local residents. Approximately 400 masked people wearing paraphernalia with the logo of the Patriot Front white supremacist group marched…
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