He has been in negotiations with opposing legislators. President Joe Biden has said he is willing to abandon his proposed corporate tax rate in exchange for at least…
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President Announces $6 Trillion Budget
Plans to increase corporate tax rate included in proposal. This week, President Biden announced his administration’s target budget for the 2022 fiscal year. At $6 trillion it would…
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Corporate Tax Plan Unveiled
It would pay $2 trillion toward spending packages. On Wednesday, Treasury Secretary Janet Yellen introduced a plan to pay for the president’s $2 trillion spending package by raising…
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Secretary Yellen Calls for Global Corporate Tax
Goal is prevention of foreign tax havens. In her first major address as Secretary of the Treasury, Janet Yellen on Monday urged a global minimum tax on corporations…
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