Today, Explained Good news
Dec 22, 2021
Jen Kirby, a Foreign and national security reporter at Vox, shares her insights on the progress made in 2021. She discusses the landmark global agreement on a minimum corporate tax rate, highlighting its significance for economic equity. The positive effects of the expanded child tax credit on reducing child poverty in the U.S. are also featured. Kirby captures Puerto Rico's impressive vaccination efforts and reflects on the successful community response. Additionally, she touches on the jubilation surrounding Britney Spears’ liberation from conservatorship.
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Child Tax Credit Impact
- Child poverty significantly dropped due to the expanded Child Tax Credit.
- The credit provided monthly payments and increased accessibility for lower-income families.
Global Minimum Tax
- Over 130 countries agreed on a 15% global minimum tax for large corporations.
- This aims to prevent tax havens and recoup profits, potentially raising $150 billion annually.
Puerto Rico's Vaccination Success
- Puerto Rico achieved a high vaccination rate through community trust and efficient mobilization.
- NGOs played a key role, and politicians prioritized scientific guidance.