Monday April 5, 2021
Tsy Secy Yellen will call for all nations to have a minimum (same) global corp tax rate.
This of courses allows Biden to raise rates without fear some sharp country, like Ireland, will undercut him and draw corporate headquarters to Ireland.
Will the other nations be this stupid?
Here is a resurrected Bill Clinton phrase, we don't tax and spend we invest.
"It is about making sure that governments have stable tax systems that raise sufficient revenue to invest in essential public goods and respond to crises, and that all citizens fairly share the burden of financing government."
the govt did not invent anything that is an inmvestment, the govt simply thinks taking from the creators will someho stimulate something, it won't.
See op ed in today's WSJ, the Dems will never get there on climate change, they have too many regulations and decry nuclear and natural gas.
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