Why is this so important to the global aholes?
Well Yellen, you DON'T have a vote in the US Senate. Manchin and Sinema do. Tough luck!
None of the revenues raised would be used for domestic budgetary purposes. It would in fact be a down-payment to establish the NWO, with the remainder of the funds used to line of the pockets of oligarchs.
How much will Klaus Schwab and his Nazi Cult get ?
Moving towards the One World Government in which all earnings by productive people such as Americans will be snatched by the One World Government and given to non-productive people, thus ushering in an era of global famine, poverty and misery.
She should show us a balance sheet that shows how much US corporations will be paying and how much other nations will be paying.
All this is is a redistribution of wealth. 140 nations participating. It will be a net loss for US taxpayers and for some of the nations that hate us it will be a gain. We’ll be paying taxes to support welfare around the globe.
They will control everyone with our money. This would be a huge win for the NEW WORLD ORDER crowd.
> The United States will look for every opportunity to move ahead and enact a global minimum corporate tax agreement... <
This is very good news ... for China and India. Western nations will hamstring their companies with even more taxes and regulations. Meanwhile, China and India will just pretend to do so.
This scheme will make Western companies even less competitive than before.
Indicating she is completely in the dark about basic economics (or rather she is just a partisan hack). They would be moving their assets here and we would collect those taxes if our rates are better...that's why they weren't hear to begin with and started moving back here after the tax reform was passed.
Global extortion from any nation fool enough to collect and pay it.
Why don’t they just call it what it is...financial rape. Bend over...you will have less of nothing and you will like it.
The United States are not pushing global taxes.
The traitors in DC are.
I think that such an action would require a law and a treaty ratification, maybe both? I do not see this happening any time soon. But they better hurry, NOV is getting close!
Unconstitutional.
Wherever she went to college, she should get a 100 percent refund.
I would say put up an across the board 20% import tariff then lower corp tax rates to 0% for all manufactures and 5% for all other corps.
Indeed the more taxes the feds get the more they can spend the democrats never change.
There’s nothing to prevent governments from giving local tax breaks to offset a world corporate tax. This is just a hit at countries that enjoy the benefits of lower corporate rates .
This happens after the obligatory ground pounding tantrum of course.