Tag: Treaties

Stating the Obvious

Mike CotéLeave a comment

Apparently, some members of the United States Senate need a refresher on why we have military presence in Japan.

Senator Mike Lee, a Republican from Utah, was at one point a very serious man who cared more about doing his job than he did about his online reputation. His background is impressive: he’s a lawyer, a former clerk for the Supreme Court, and a member of the Senate for over a decade. Back in the halcyon days of 2016, he refused to support the candidacy of Donald Trump out of principle. His legal mind is quite astute, and he has been considered for the Supreme Court by many conservatives. Suffice it to say, Lee has earned a reputation for seriousness and mental acuity. Well, at least until recently.

Since the waning days of the Trump administration, Lee has become more of a Twitter troll and MAGA opportunist than a US Senator, tweeting under the handle @BasedMikeLee (for the uninitiated, ‘based’ is online right-wing lingo for cool/badass). Just last night, he put out a series of tweets that caught my attention. In the thread starting with the tweet below, Senator Lee questions the necessity and prudence of our military commitment to Japan.

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Yellen’s Folly

Mike CotéLeave a comment

The newly-proposed Global Minimum Corporate Tax is an impracticable plan that diminishes American economic sovereignty and competitiveness.

As I write this post, American officials are meeting with their counterparts from the UK, France, Japan, Italy, Canada, and Germany at the G7 Summit currently underway in Cornwall, UK. One of the main issues they are discussing is the promulgation of what they are calling a ‘global minimum corporate tax’, which would involve all seven of the world’s wealthiest democracies agreeing to not move corporate taxes below 15% so as to better capture the profits of large multinational corporations. When I first read that the Biden administration – and particularly Treasury Secretary Janet Yellen – was seeking to push this international agreement on taxes, I was flabbergasted at the fact that any American administration would think this is a good idea. There are several reasons for my skepticism, many of which were expertly laid out by the Wall Street Journal, but this post will focus on one major issue that’s dear to my heart: the fact that the agreement necessarily diminishes American sovereignty for no good purpose.

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