Another transfer of wealth scheme designed to push us into socialism. And after they rob the investors, destroy profits used for further research and investment, where will they come for additional funding? Why to the same middle class they claim to be helping. Only the elites and super wealthy will initially benefit and all will face future declines. And does anyone really expect Russia and China to adhere to this? Our leaders have become brain dead with their ideas that they can bypass human nature and create a utopian society.
That article explains Republican fears but doesn’t specify how one can get around passing a treaty to uphold the 15% minimum global tax. I’ve seen Yellen talk to news programs about the need for Congress to pass the global tax but no one (as far as I know) asked Yellen how to do this without a treaty.