The backlash against effort to raise taxes is ‘almost religious fervor,’ says Commerce secretary

One of Joe Biden’s oft-repeated promises from the 2020 campaign trail and his first year in office is that he'll raise the corporate tax rate. Now, the idea appears likely to fall out of the economic package entirely.

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  Sinema’s Opposition Stymies Democrats’ Planned Tax-Rate Increases

  The Wall Street Journal
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  REFILE-UPDATE 3-White House tells Democrats that corporate tax hike unlikely in current bill -source

  Reuters

Navy remembers on 216th anniversary of Nelson’s greatest victory – and his death

The Second Sea Lord led an annual ceremony aboard HMS Victory at Portsmouth Historic Dockyard.

Trump strikes SPAC deal for new social media platform, shares soar

The social network, formed by the deal with the Trump Media and Technology Group, said on Wednesday it plans a beta launch next month and full roll-out in the first quarter of 2022. Shares of Miami-based Digital World were up 80% to $17.83 on Thursday morning. In a press release, Trump said TRUTH Social would be launched after Twitter Inc barred him from their platform.

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  Trump Says He’s Launching His Own Social Media Network Called Truth Social

  Deadline
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  Trump's new social-media platform, Truth Social, has an interface that looks an awful lot like Twitter's

  INSIDER