Biden's economic adviser pushes for a 'global minimum corporation tax' to keep the U.S. competitive worldwide and make sure companies pay their 'fair share' as president vows to raise rates
It is relatively easy for a billionaire to say they support higher taxes. More is on the line if they are asked to do something about it.
A motivation for Yellen's push for a global minimum corporate tax is fear that the Biden administration's proposed increase in the US corporate tax will cause some American corporations to flee the US for countries with lower corporate taxes.
Biden's new tax rules would also cut down on loopholes used to receive better tax treatments overseas.
...As Pandemic Ends. "I do worry about excesses and imbalances," adding that "failing to communicate Fed exit could stoke risk-taking"...
Georgia's new voting law introduced stricter voter identification requirements for mail-in voting, limited drop boxes for absentee ballots, reduced the authority of Georgia's Secretary of State, reducing him to a nonvoting member of the State Ele
California's proposed wealth tax, Bill 2028, would apply for a decade to anyone who spends 60 days in the state in a single year.
Perhaps inspired by AOC and her 'democratic socialist' compadres, more than 400 lawmakers from around the world have signed a letter demanding Amazon CEO Jeff Bezos raise employee wages, and pay more in taxes (we presume they mean both Amazon the com
Home Depot co-founder Ken Langone ripped into the Biden tax plan on Wednesday when he said that it was a "fraud" to suggest that middle-class Americans won't have their taxes raised if Joe Biden is elected President
..."Totally Fake News"
Nothing says liberty and equality quite like swooping in and passing a piece of legislation that instantly absconds with the wealth of America's most successful businessmen.
...an effective rate of just one per cent
President Donald Trump lost a key round Friday in the legal fight over whether members of Congress can get access to his personal and corporate tax returns.
President Trump hit back at the New York Times Wednesday morning after the Grey Lady published excerpts from nearly a decade's worth of Trump tax returns (the first dump of sensitive Trump tax records since the paper revealed during the final stretch
Banks are pumping billions of dollars into and out of funds with "heartbeat" trades.
Amazon made big headlines yesterday when it announced it was walking away from its plan to build a new headquarters in New York City.
A large majority of business leaders say they plan to add more jobs in 2019, and many say the Trump tax cuts have helped their businesses, according to a new Zogby Analytics Poll highlighted in the Washington Examiner.
Like every master salesman, Donald Trump loves to tell his audience exactly what it wants to hear.
The data are in, and they show that all taxes are not created equal.
Capitol Hill wants Facebook's blood, but President Trump isn't interested. Instead, the tech behemoth Trump wants to go after is Amazon, according to five sources who've discussed it with him. "He's obsessed with Amazon," a source said.
The United States will impose new tariffs on steel and aluminum as early as next week, President Donald Trump said Thursday, following disagreement among his advisors about whether to crack down on imports.
New levy could deliver basic income of £10,000 for all to cut risk of job losses to robots
The last several years have seen massive gains for both stock market and digital currency investors with prices hitting unprecedented levels of growth. But one particular asset class, despite its necessity for day-to-day global activities, has been t
Canada, Europe and China are focused on the US tax cut bills bringing US corporate tax rates down to the average OECD tax rate. A likely response will be further corporate tax cuts in a global race to the bottom.
The US Commerce Department has said Canada unfairly subsidized the aircraft maker and announced that it will impose duties of 220 percent on every Bombardier C Series plane imported into the United States.
Government bailouts stick consumers with the bill
President Donald Trump told business leaders on Monday he believes he can cut regulations by 75 percent or "maybe more."