![Biden Administration Calling for GLOBAL Minimum Tax Rate](https://www.louderwithcrowder.com/media-library/image.jpg?id=26016156&width=1245&height=700&quality=85&coordinates=0%2C0%2C0%2C0)
×
Please verify
Each day we overwhelm your brains with the content you've come to love from the Louder with Crowder Dot Com website.
But Facebook is...you know, Facebook. Their algorithm hides our ranting and raving as best it can. The best way to stick it to Zuckerface?
Sign up for the LWC News Blast! Get your favorite right-wing commentary delivered directly to your inbox!
EconomyApril 05, 2021
Biden Administration Calling for GLOBAL Minimum Tax Rate
Last week, Biden administration official Pete Buttigieg "floated" the idea of a mileage tax. We'll call it a trial balloon. Buttigieg floated the idea of taxing Americans by the mile. The trial balloon was quickly popped as a horrible idea. Let's hope this is another soon-to-be failed trial balloon. Biden's treasury secretary, Janet Yellen, is expected to call for a minimum GLOBAL corporate tax rate. Meaning, every country would agree to keep taxes at a certain rate and NOT cut them lower.
Axios released some excerpts from Yellen's speech to the Chicago Council on Global Affairs on Monday.
"It is about making sure that governments have stable tax systems that raise sufficient revenue to invest in essential public goods and respond to crises, and that all citizens fairly share the burden of financing government."
"We are working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom."
What the minimum will be isn't clear. Right now, it's just a horrible idea with few details. I'm not sure if I can tack an -ism after the word "global" and still have this viewed on Facebook. Though, there HAVE been concerns about the pandemic and a "reset." That's not me saying so. That's G20 member and Canadian Prime Minister Justin Trudeau saying so. This idea reeks of it as well.
Biden wants to hike America's corporate tax rate from 21% to 28%, so one can assume 28% would be the barest minimum. Compare that to Donald Trump lowering the corporate tax rate from 35% to 21%, helping create the "greatest jobs numbers of our lives." If the Biden admin's global plans come to fruition, that means taxes can never be lowered again? What if Europe wants to increase it to 35%? Is America expected to follow, while China and India ignore it like they do with the Paris accord? Details matter. This is still a horrible idea. But with details, it's at least a horrible idea where we can point to the details as to why.
Biden campaigned on a number of issues, like illegal immigration and killing the Keystone pipeline, that his supporters should have paid more attention to. But he never campaigned on a batsh!t crazy idea like this, where other countries are going to dictate American fiscal policy.
Get your content free from Big Tech's filter. Bookmark this website and sign up for our newsletter!
Are Democrat Voters Starting To Wake Up? Press Conference Wrap-Up | Louder With Crowderyoutu.be
From Your Site Articles
- Joe Biden on "To Catch a Predator" (Parody) - Louder With Crowder ›
- Joe Biden Forgot the Name of the Coronavirus - Louder With Crowder ›
- Joe Biden Uses Colorado to Officially Call for Gun Control - Louder ... ›
- Biden Will Bring Back Trump Immigration Policy - Louder With ... ›
- White House Confirms: Joe Biden Planning Executive Orders to ... ›
- Trump Crashes Wedding, Toasts Couple with Anti-Biden Rant ... ›
- SHOW NOTES: AMERICA LAST! Biden's Extreme Immigration ... ›
- CNN Analyst: Only Allow Americans' 'Freedom' for Vaccines ... ›
- Ted Cruz Identifies 3 Decisions That Provoked Border Crisis ... ›
- Joe Biden Supports MLB Moving All-Star Game Out of Georgia ... ›
- GA Legislator Introduces 'Joe Biden Jim Crow on Steroids Voting Act' in Response to Lies - Louder With Crowder ›
Latest
LATEST VIDEO
MORE POSTS
![](https://cdn.shopify.com/s/files/1/0697/5150/5204/files/Steven_Crowder_-_Placement_Ads_Mug_Club_-_975x250_1.png?v=1709377051)