President Joe Biden might have persuaded some of the world’s largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell.
White House press secretary Jen Psaki said Friday that leaders of the Group of Seven agreed with Biden on placing a global minimum tax of at least 15% on large companies.
U.S. President Joe Biden might have persuaded some of the world's largest economies to hike taxes on corporations, but the U.S. Congress could be a far tougher sell. White House press secretary Jen Psaki said Friday that leaders of the Group of Seven - which also includes the United Kingdom,…
"America is rallying the world to make big multinational corporations pay their fair share so we can invest in our middle class at home," Jake Sullivan, the president s national security adviser, said Friday on Twitter.
Democratic U.S. Senate Majority Leader Chuck Schumer on Thursday said he was open to considering a bipartisan infrastructure bill, but wanted to see it in writing - and added he might also push for a follow-up measure that had only his party’s support. President Joe Biden's push for a sweeping.