Yellen to push for global minimum tax rate on corporations
Economic Policy,Janet Yellen,Economy And Jobs
From the Right
AllSides Media Bias Rating: Right
Treasury Secretary Janet Yellen on Monday made the case for a global minimum tax rate as she pushes President Biden's plan to increase levies on U.S. corporations in order to fund his $2.25 trillion spending proposal.
In a speech to the Chicago Council on Global Affairs, Yellen called for global coordination on taxes paid by multinational corporations — part of an effort to crack down on companies that relocate in search of lower rates. Yellen's comments were first reported by Axios.
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