Biden wants to tax American companies 15% to send to other countries.

Nostra

Diamond Member
Oct 7, 2019
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You :auiqs.jpg:
Another example of Biden's America Last agenda.

seem confused as to who would get the dough-Joe.
 
So this is simply an expansion of the Trump and GOP plan?

The U.S. already has a version of its own global minimum tax, created as part of the 2017 GOP tax act, that imposes a 10.5 percent minimum tax on U.S. multinational firms' foreign earnings.
 
Another example of Biden's America Last agenda.

From your source,

The U.S. already has a version of its own global minimum tax, created as part of the 2017 GOP tax act, that imposes a 10.5 percent minimum tax on U.S. multinational firms' foreign earnings. The Biden administration initially proposed raising that amount to 21 percent as a demonstration of America's commitment to higher corporate taxes, but after negotiations with congressional Democrats, have instead proposed a 15 percent rate in line with the global agreement. (This 15 percent tax on U.S. multinationals' foreign profits is separate from the 15 percent minimum tax Biden is also seeking to impose on large firms in the U.S.)

Biden is precious
 
Another example of Biden's America Last agenda.



The real title of the article is: "Biden, other G-20 world leaders formally endorse groundbreaking global corporate minimum tax"


I think the title of your topic is fake news.

The tax doesn't go to other countries.

You should be ashamed of yourself for spreading false information.
 
The real title of the article is: "Biden, other G-20 world leaders formally endorse groundbreaking global corporate minimum tax"


I think the title of your topic is fake news.

The tax doesn't go to other countries.

You should be ashamed of yourself for spreading false information.
Oh good, I thought it was going to be redistributing the wealth. :rolleyes-41:
Gotta pay for socialism somehow, huh?
 
So this is simply an expansion of the Trump and GOP plan?

The U.S. already has a version of its own global minimum tax, created as part of the 2017 GOP tax act, that imposes a 10.5 percent minimum tax on U.S. multinational firms' foreign earnings.
wrong --again
 
Is that why we have the inflation now? The 10.5% tax enacted by Trump and the GOP?
AND--AND--it's stupid to get into these accords with other countries...they have been FKING over the US for a long time
..Mr Trump was the first POTUS in a long time to try to protect the American worker
..Bidumb is fking over the American worker
 
AND--AND--it's stupid to get into these accords with other countries...they have been FKING over the US for a long time
..Mr Trump was the first POTUS in a long time to try to protect the American worker
..Bidumb is fking over the American worker

So it's not a good thing to get a more fair playing field for US companies by seeing that companies from other countries get hit with the tax also?
 

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