Name: Yellen Calls for Global Minimum Corporate Tax
Uploaded: 2021-04-06T01:54:55.000Z
Description: President Joe Biden wants to increase the corporate tax rate from 21 percent to 28 percent. That would make America less economically attractive for big business, but Treasury Secretary Janet Yellen has a plan. She wants other countries to agree to keep their tax rate high too. She wants a global minimum corporate tax rate and says she's already talking to G20 countries about it.

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President Joe Biden wants to increase the corporate tax rate from 21 percent to 28 percent. That would make America less economically attractive for big business, but Treasury Secretary Janet Yellen has a plan. She wants other countries to agree to keep their tax rate high too. She wants a global minimum corporate tax rate and says she's already talking to G20 countries about it.

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