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Global Tax is Coming!

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3 comments

  • chiefr

    If it does happen, you can be certain the USA will pay quadruple that of EU, Russia and China. DEMOCRATs will make sure of that.

    0
  • serf

    FYI!

    And think twice if you believe they won't just pass the tax in the price of the service or product to the working class! It's all a con game from the start. You always tax the consumer in the end or give less service or a cheaper product. The devil is always in the details.

    serf

    https://thehill.com/policy/finance/543208-yellen-proposing-global-minimum-tax-on-multinationals

    Yellen proposing global minimum tax on multinationals

    The Washington Post reported Monday that the effort could be one of Yellen's biggest accomplishments if an agreement is reached and could be critical to any push from Biden to raise taxes to offset the cost of future spending proposals.

    In response to a written question following the hearing, Yellen said that "the Biden-Harris Administration will pursue a comprehensive multinational agreement to update global tax rules in ways that establish effective minimum taxation rules, prevent global profit-shifting, and ensure that corporations pay their fair share."

    0
  • spasmcreeksrun

    fair share my %%%%%%%%

    6

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