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

Audio Mises Wire

Tags Taxes and Spending

04/15/2021Ryan McMaken

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."

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Contact Ryan McMaken

Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power&Market, but read article guidelines first. Ryan has degrees in economics and political science from the University of Colorado and was a housing economist for the State of Colorado. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

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