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How a key part of Biden’s economic agenda hinges on Janet Yellen’s talks with the OECD about corporate taxes

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Treasury Secretary Janet Yellen has been clear since her confirmation hearing and subsequent press appearances that the Biden administration needs to raise new tax revenues. It’s a key part of the administration’s ambitious agenda, which includes a $1.9 trillion stimulus and now potentially a $3 trillion infrastructure package.

At the same time, Yellen has warned of the difficulties of implementing a wealth tax, which is favored by the progressive wing of the Democratic Party.

Part of the solution is reforming the corporate tax rate — not just in the US but far beyond details ⇒

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