Gunny
07-02-2021, 01:49 PM
OAN Newsroom
UPDATED 7:16 AM PT – Friday, July 2, 2021It appears 130 countries have issued a statement in support of a global minimum tax, in turn, giving backing to a key Biden administration agenda item.
According to reports Thursday, the nations back a plan that was initially discussed during the G7 summit in June. It calls for a global minimum tax rate of 15 percent for corporations headquartered in their countries.
The plan was highly supported by U.S. Treasury Secretary Janet Yellen prior to the summit. However, critics have said the plan favors foreign headquartered companies and workers over American ones.
“That global minimum tax would end the race to the bottom in corporate taxation and ensure fairness for the middle class,” Yellen stated. “And working people in the U.S. and around the world.”
https://www.oann.com/130-countries-throw-support-behind-biden-global-minimum-tax-plan/
All the issues Biden needs to deal with HERE in the US and what's he doing? Selling us out to some global BS. Just who gets to collect and hold this "global" money?:rolleyes:
UPDATED 7:16 AM PT – Friday, July 2, 2021It appears 130 countries have issued a statement in support of a global minimum tax, in turn, giving backing to a key Biden administration agenda item.
According to reports Thursday, the nations back a plan that was initially discussed during the G7 summit in June. It calls for a global minimum tax rate of 15 percent for corporations headquartered in their countries.
The plan was highly supported by U.S. Treasury Secretary Janet Yellen prior to the summit. However, critics have said the plan favors foreign headquartered companies and workers over American ones.
“That global minimum tax would end the race to the bottom in corporate taxation and ensure fairness for the middle class,” Yellen stated. “And working people in the U.S. and around the world.”
https://www.oann.com/130-countries-throw-support-behind-biden-global-minimum-tax-plan/
All the issues Biden needs to deal with HERE in the US and what's he doing? Selling us out to some global BS. Just who gets to collect and hold this "global" money?:rolleyes: