Is There a Minimum Corporate Tax in the United States?

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In a lot of developing countries, they just feel completely victimized because the companies operating there somehow don't have any income in those countries. When you go to my country, the united states,. The abuse and impunity is the system. Right now, we're in an important moment when president byden and secretary of treasury, janet yellen, are trying to clean up things. They're trying to negotiate a minimum corporate tax. Theyre trying to enforce the us Tax code. And i think it is very heavily tied to the fact that our election s spend more and more money. In 20 20, about 14 billion dollars, mostly coming from the largest goners. We opened the flood gates

The recent publication of The Pandora Papers, a trove of 12 million financial documents obtained by the International Consortium of Investigative Journalists, has once again shone a spotlight on secret offshore accounts and tax loopholes. The papers contain the financial dealings and global influence of billionaires, world leaders and politicians, plus many more. They also highlight how ineffective governments can be in preventing manipulation of tax rules for the gains of the super rich. In order to understand how this imbalance occurs and how it fits into the global financial picture, journalist Razia Iqbal spoke with Jeffrey Sachs, one of the world's most foremost economists, to pick through the paper trail.

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