USA to push for global minimum corporate tax rate

[Saltwater60]

Of course this is so the USA can raise the corporate tax rate in the USA and prevent them from fleeing the USA.

Janet Yellen to call for global minimum tax rate in first major address as Treasury secretary

The speech to the Chicago Council on Global Affairs also will touch on vaccine access and climate change.

www.axios.com

 

[Jmac00]

Biden admin to call for a worldwide tax hike so that US businesses don’t leave the country following its corporate tax increase.

I know kids taking Economics 101 that are smarter than Yellen and Biden combined

whats truly amazing is how easy these geniuses explain this as a logical solution?

 

[spat]

Businesses don't pay taxes. Ever.

They just collect taxes from consumers for the government.


A tax on corporations is a tax on you.

 

[Deplorable Me]

Great shades of world socialism. Where is John Galt?

Under socialism everything is stolen by the government under the illusion of benefitting all but due to skimming and waste only the collectors prosper.

 

[Carlos Hathcock]

Don't worry. The US will have all those infrastructure jobs so we'll be too busy for other work anyway. See, uncle Joe really is smarter than he looks.