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Biden economic adviser pushes global corporate tax minimum to counteract proposed US increase

.Council of Economic Advisers Chair Cecilia Rouse talks with reporters in the Brady Press Briefing Room at the White House on March 24, 2021, in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)

Opponents say Biden’s plan will hurt US competitiveness

By Evie Fordham

Fox News

Council of Economic Advisers chair Cecilia Rouse pushed for a “global minimum tax” on corporations to counteract President Biden’s proposed corporate tax rate hike.

“The idea is to make sure that corporations are paying their fair share, to button up some of the loopholes, which have meant more corporations were actually putting more money offshore – off of U.S. soil – and having a global minimum tax so that we’re working with the rest of our trading partners, so that we’re working..

Click the link below to read the rest of this story.

https://www.foxnews.com/politics/biden-corporate-tax-global-cecilia-rouse-hike

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