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54%  
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Keyword: lessprofitable

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  • Yellen pushes higher taxes, stronger unions, more global competition to U.S. Chamber

    05/18/2021 12:14:19 PM PDT · by Rusty0604 · 53 replies
    CNBC ^ | 05/18/2021 | Jeff Cox
    Treasury Secretary Janet Yellen called on Tuesday for business leaders to pay higher taxes to support government stimulus spending, and backed stronger labor unions and lowering barriers to foreign competition. In a speech to the U.S. Chamber of Commerce, Yellen reiterated the White House’s intent to raise taxes on corporations and the highest earners as part of an ambitious infrastructure spending plan. She said the administration is also looking to stop tax evasion that has “stacked the deck for decades against responsible and compliant taxpayers.” The administration also is seeking a global corporate minimum tax in an effort to stop...