The Wider World

Vaccinations for kids nearer

THE FDA may soon authorize a coronavirus vaccine for children ages 5 to 11 (Shutterstock).

An advisory panel to the Food and Drug Administration unanimously recommended approval for a coronavirus vaccine for children ages 5 to 11 years old.

According to the Associated Press, the FDA has to agree in order to clear the way for millions of elementary and middle school students to become inoculated with the half-dose shot of Pfizer vaccine.

Approval by the FDA is not a mandate, although some states and school districts may require proof of vaccination as a condition for enrollment in the fall of 2022.

The AP reports that – so far – there have been over 8,300 children in that age group hospitalized with COVID-19, a third of which have been treated in intensive care units, Nearly 100 have a died.

Billionaires targeted by potential tax

A MINIMUM TAX on corporation profits is being considered in Congress (Shutterstock).

Trying to find enough money for President Joe Biden’s proposed social policy and climate change legislation – estimated at $1.5 trillion to $2 trillion – Democrats are considering a 15 percent minimum tax on corporations on profits to shareholders, The New York Times is reporting.

Additionally, billionaires could be taxed on “unrealized gains,” such as increase in the value of “liquid assets” such as stocks ands bonds.

Because of the complexities of the federal tax codes, some very wealthy corporations and individuals pay little or no federal income tax. However, there is some question about the legality of taxing income that may turn out to be theoretical, as the value of stocks and bonds can fluctuate and even decline.

Sports: World Series getting underway

The Houston Astros are hosting the Atlanta Braves today (Tuesday) in the first game of the 2021 World Series. The first two games – today and Wednesday – will be in Houston. Thursday is a travel day, and the series resumes with Games Three and Four on Friday and Saturday in Atlanta. If needed, the fifth game will also be in Georgia. A sixth and seventh game would be back in Houston.

Weather: Sunny days are here again

Enjoy this nice weather while you can. The forecast for the West Orange County area is for sunny skies and a high of 81 on Wednesday (overnight low of 58). Thursday will be warmer at 89, but by Friday a cooling trend will start with a high of 79. The clouds will start rolling in on Saturday. In the coastal areas of Huntington Beach, Wednesday’s forecast is for a high of 79, rising to 86 on Thursday, and then dropping to 77 on Friday. A high surf advisory is still in place.

Leave a Reply