Time's up for tax havens

The DOJ has halted federal executions; a global framework for a minimum corporate tax rate is emerging.

The Department of Justice has halted federal executions; a global framework for a minimum corporate tax rate is emerging.   Tonight's Sentences was written by Gabby Birenbaum. TOP NEWS Garland imposes federal execution moratorium     Anna Moneymaker/Getty Images Attorney General Merrick Garland issued a pause on federal executions, saying the Department of Justice needed to investigate policy changes made during the Trump administration. [Washington Post / Devlin Barrett and Amy B. Wang] Federal executions had been stagnant for 17 years as courts battled over the legality of lethal injection protocols, but were resumed in 2019 by then-Attorney General William Barr. [WSJ / Sadie Gurman] Thirteen inmates were executed using a single-drug method during the Trump administration. Garland is ordering a review of the risk of pain and suffering associated with that treatment. [Politico / Myah Ward] In a Department of Justice memo, Garland expressed reservations about the death penalty given its impact on people of color and the prevalence of exonerations. His boss, President Joe Biden, is against capital punishment. [USA Today / Kevin Johnson and Kristine Phillips] The timing of Garland's announcement is a bit surprising considering that the Biden administration asked the Supreme Court to reinstate the death sentence for Boston Marathon bomber Dzhokhar Tsarnaev, after an appeals court vacated his sentence. [The Hill / Celine Castronuovo] Activists against the death penalty celebrated Garland's move, though they said it is only one step toward the ultimate goal of permanently ending capital punishment. [NPR / Alana Wise] OECD moves toward minimum corporate tax The Organization for Economic Cooperation and Development announced that 130 countries have agreed to a framework developing a 15 percent minimum corporate tax rate. [France 24] The deal is backed by the United States and the G7 in an attempt to end a global corporate race to the bottom and is a high priority for Treasury Secretary Janet Yellen and President Biden. [The Independent / Gustaf Kilander] If implemented, the deal could have the most significant effect on global tax rules in a century. The Biden administration is also touting it as a way to keep companies in the US rather than offshoring. [Washington Post / David J. Lynch] The framework would require companies to pay taxes in whichever countries their products are sold, even if they do not have a physical presence there — which would impact Amazon, Facebook and other global business giants. [NYT / Liz Alderman, Jim Tankersly, and Eshe Nelson] According to US officials, the deal does not include any special exceptions for China, which is already a signatory. [Reuters] MISCELLANEOUS The June jobs report showed the US added 850,000 jobs last month, beating May's figures and Wall Street's projections. [Politico / Ben White and Rebecca Rainey] US sprinter Sha'Carri Richardson has been suspended for one month from the US Olympic team — and had her 100m time trials victory disqualified — after she tested positive for THC. [Insider / Kelly McLaughlin and Meredith Cash] A CDC investigation found that needle exchanges are needed to help stem West Virginia's HIV outbreak — but they are outlawed by the state. [BuzzFeed News / Dan Vergano] Meghan McCain is expected to announce her departure from The View after nearly four years. [The Cut / Mia Mercado] Support our journalism Reader contributions help keep Vox and newsletters like Sentences free for all. Support our work from as little as $3. Contribute CROSSWORD OF THE DAY     Who's the bassist Haim in HAIM? Solve today's new Vox crossword puzzle, and stay tuned for more puzzles coming out Monday through Saturday. VERBATIM "Today's agreement by 130 countries representing more than 90% of global GDP is a clear sign: The race to the bottom is one step closer to coming to an end." [Treasury Secretary Janet Yellen, on the OECD corporate tax minimum framework] LISTEN TO THIS     Summer of Soul revives the forgotten, groovy history of the 1969 Harlem Cultural Festival, a pivotal moment in Black culture sometimes dubbed "Black Woodstock." This massive concert series spanned multiple weekends and featured everyone from Sly and the Family Stone to Nina Simone to Stevie Wonder to Mahalia Jackson. But the footage of the festival sat in a basement for 50 years. Now it's been compiled into a documentary by director Ahmir Thompson — better known as Questlove, the drummer and frontman for the Roots — and the result is absolutely infectious. [Spotify / Alissa Wilkinson and Emily VanDerWerff] Read more from Vox 3 winners and 3 losers from the just-completed Supreme Court term   How to be a good ancestor   After Cosby's vacated conviction, is rape a crime?   Robots were supposed to take our jobs. Instead, they're making them worse.   The surprisingly political history of K-pop     This email was sent to edwardlorilla1986.paxforex@blogger.com. Manage your email preferences, or unsubscribe to stop receiving all emails from Vox. If you value Vox's unique explanatory journalism, support our work with a one-time or recurring contribution.   View our Privacy Notice and our Terms of Service.   Vox Media, 1201 Connecticut Ave. NW, Washington, DC 20036. Copyright © 2021. All rights reserved.