U.S. Treasury Secretary Yellen to call for global minimum tax rate: Axios

"We are working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," Yellen will say in her speech, accordingReporting by Bhargav Acharya in Bengaluru; editing by Emelia Sithole-Matarise.

"We are working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom," Yellen will say in her speech, accordingReporting by Bhargav Acharya in Bengaluru; editing by Emelia Sithole-Matarise

I don't understand if she's doing this because she believes a global tax rate is possible, which seems highly unlikely, or because of political spin in US.

Arrogance!

If private markets tried to do that it would be call price fixing. Yellen wants to stop world competition in order to favor the high tax policies of this administration.

this woman grabbed me on the train 🚂

Get your answer at Abel

Screw your taxes!

Also need global minimum wage!

the world doesn't need to raise taxes because now the US decides to do something to repair their decades behind maintenance of the infrastructure? I don't think so. Should have done this sooner..

Can Yellen guarantee the next GOP coming in won’t call for a maximum corporate tax?

Wonderful proposal...

Asking for more Federal Government control.

It's easier to just tax businesses that do business in your territory. They will have a choice, don't do business in anyplace but tax shelters or pay up.

Biden says tax hike to needed

Tax, tax and more taxes... Thanks a lot Democrats... Don't you think we pay ENOUGH in Taxes? We went in search of new land to get away from taxes and here we are allowing Political Power Games to take away our hard earned income in taxes on everything we own, all we do & more.

This is part of what will be required to reverse the trend to governance by stateless money piles.

No one cares about what this Harpy has to say. 🥱

I wish I had enough forces to round up all of this minority gangs for a global audience to punish; keeping them in chains & handcuffs.

Central Planners are not as smart as markets and competition.

Funny how it's the large countries that call for this - Germany and U.S for example. Just an attempt to cut the legs from under smaller countries that don't have geography or large market size on their side.

🙄this New World Order isn’t going to make it. We aren’t down for this bullsh*t

WTAF

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Let the free market deal with that. Setting a minimum will only distort the market and interfere in the demand and supply signals...economics

I could go with that.

P. Biden did you know Brazil for decades by federal law requires every citizen be offered a free basic private bank account at a bank near them? Might it be time the USA perform this service for it's people? The poor need to bank, check-cashing joints charge exorbitant fees.

Mind your own business madame

PM me if you’re interested in earning $105 by online trading daily, PM me if you have a phone or PC let’s go ✅✅✅

When effective tax rates are not identified and discussed when dealing with tax rates suspect dishonesty.

Hell yeah!

The global corporation tax experiment has failed. It is past time to switch to the PollutionAddedTax

Why then not a minimum labor wage globally.

When governments fear competition.

Why do there can be a one workd government? That’s a terrible idea.

Honestly thought this was Savile.

When the government has literally ZERO ideas for growth other than to print money and tax the ideas of those who actually created growth we should all be skeptical if not concerned

Ja, ja, die Sozialisten immer auf dem Weg zur Weltherrschaft.

SuluhuSamia TRATanzania DrPhilipMpango 🙏🏿

Good idea- is it feasible?

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Yellen calls for minimum global corporate income taxU.S. Treasury Secretary Janet Yellen is urging the adoption of a minimum global corporate income tax. The proposal is an effort to offset any disadvantages that might arise from the Biden administration’s proposed increase in the U.S. corporate tax rate. They literally trying to trap us in america with shitty policies Why compete with others when you can create a multinational government cartel? 🤦🏻‍♂️
Source: AP - 🏆 728. / 51 Read more »

Yellen calls for global minimum corporate tax rate in first major address as Treasury secretaryJanet Yellen calls for a global minimum corporate tax rate to 'stop the race to the bottom,' in her first major speech as US Treasury secretary Wow who allows her and common sense into the room? I await GOP to denounce her as a traitor to the 1% She was in my economics book Do you believe this is best for ALL?
Source: cnnbrk - 🏆 393. / 55 Read more »

Yellen says U.S. pushing to end global 'race to the bottom' on corporate taxesTreasury Secretary Janet Yellen said she's encouraged so far by developments in talks with other countries on a global minimum corporate tax. What race? The US is at the top. It's boring to sit at home alone, looking for someone to spend time with I have lost so mush through investing cause I was new and didn’t meet the right amount manager to invest with. I was at the verge of quitting till I was introduced to flora signals and my Story changed. It’s worth a try I can testify on this platform MALYAROVALARA_
Source: CNBC - 🏆 12. / 72 Read more »

Treasury’s Yellen to Call for Global Minimum Corporate Tax RateTreasury Secretary Janet Yellen will argue for a global minimum corporate tax rate Monday, as she makes the case for President Biden’s $2.3 trillion infrastructure proposal ahead of virtual meetings with global counterparts. She is alive Oh, maybe if she asks pretty please with a cherry on top foreign countries will allow all those outsourced jobs to come back to the US The US must enact robust and punitive penalties for inversions, licensing, and flat out leaving, like a forfeiture of capital and intellectual assets.
Source: WSJ - 🏆 98. / 63 Read more »

EU backs U.S. call for global minimum corporate tax, but rate to be decidedThe European Commission backed on Tuesday a call from U.S. Treasury Secretary Janet Yellen for a global minimum corporate tax, but said its rate should be decided in talks in the Organisation for Economic Cooperation and Development (OECD). 'The U.S. plan envisages a 21% minimum corporate tax rate, coupled with eliminating exemptions on income from countries that do not enact a minimum tax to discourage the shifting of jobs and profits overseas.' How about a minimum work standarts? that would help to stop people being exploited in asia and the unfair competition made by China forcing its people to work up to 12h/day, who put her in charge of the World?
Source: Reuters - 🏆 2. / 97 Read more »