Rep. Brady: Biden's Global Tax Surrender - Higher Taxes & Fewer Jobs for Americans, Windfall for Foreign Competitors
October 13, 2021
October 13, 2021
WASHINGTON, Oct. 13 -- Rep. Kevin Brady, R-Texas, ranking Republican member of the House Ways and Means Committee, issued the following news on Oct. 12, 2021:
On October 8th, the Organization for Economic Co-Operation and Development announced an agreement on a global minimum tax framework. All countries--except the United States-would adopt a 15 percent minimum tax on their companies' foreign profits starting in 2023.
For American companies, the Biden Administrati . . .
On October 8th, the Organization for Economic Co-Operation and Development announced an agreement on a global minimum tax framework. All countries--except the United States-would adopt a 15 percent minimum tax on their companies' foreign profits starting in 2023.
For American companies, the Biden Administrati . . .