Software Isnt Ina New Paradigm News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The current investment theme is the economy reopening and higher inflation. The next theme will be higher corporate taxes and more infrastructure spending. This theme will probably be longer lasting. It could also increase inflation. Specifically, the new taxation plan calls for multinational corporations to pay taxes to national governments as part of a deal on a global minimum tax.
This is important because currently countries are in a race to the bottom to attract companies. This new plan will end tax havens. Countries won’t be competing against each other anymore. This will hurt the big tech companies with headquarters abroad. Apple’s European HQ is in Ireland because of its low tax rate. America wants the global minimum corporate tax rate to be 21%. America had previously objected to this idea because it was seen as hurting its big tech giants. If America leads on this issue, it has a better chance of happening. Biden’s goal is to raise $2.5 trillion to pay for $2 t ....

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