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Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased.

Summary:
Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital. The cure to this “problem” is a global minimum tax rate. Original Article: "Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very ...

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Globalists know that so long as sovereign states have the ability to set their own tax rates, regimes are tempted to engage in “tax competition” in order to attract capital. The cure to this “problem” is a global minimum tax rate.

Original Article: "Biden and Janet Yellen Are Pushing a Global Minimum Tax Rate. The EU Is Very Pleased."

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

 

Ryan McMaken
Ryan W. McMaken is the editor of Mises Daily and The Austrian. He has degrees in economics and political science from the University of Colorado, and was the economist for the Colorado Division of Housing from 2009 to 2014.

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