Category: minimum corporate tax

‘Washington Taxes You and Lights Your Hard-Earned Money on Fire’: Gov. Sanders Responds to Biden’s Address

February 8, 2023
American supply chainArkansas Gov. Sarah Huckabee SandersBusiness & Marketscorporate tax hikeeconomyhigh inflationinflationminimum corporate taxover-taxationPoliticsSOTUUS
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In her response to President Joe Biden’s State of the Union address on Feb. 7, Arkansas Gov. Sarah Huckabee Sanders came down heavily on the administration’s tax policies burdening Americans who are already struggling with decades-high inflation. “In the radical left’s America, Washington taxes you and lights your hard-earned money on fire. But you get…

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Republicans, Hungarian Officials Unite Against Biden Admin’s Global Tax Deal

July 20, 2022
economyEuropeglobal minimum taxHungarianHungaryminimum corporate taxPolicies & ImpactsUSUS NewsWorld
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Top members of the Republican House Ways and Means Committee met with Hungarian officials and subsequently signaled collective opposition against the Biden administration’s efforts to reach a deal on a global minimum tax of 15 percent on multinational companies. Republican Leader Rep. Kevin Brady (R-Texas), Trade Subcommittee Republican Leader Rep. Adrian Smith (R-Nebr.), and Select…

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Making Companies ‘Pay Their Fair Share’

December 11, 2021
Build Back BetterBusiness & EconomyBusiness Columnistsfair shareminimum corporate tax
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Commentary Dozens of big corporations, including Nike and FedEx, have paid no federal income taxes for years, which is prompting Democrats to introduce a minimum tax on earnings. While the concept is alluring to many, tax policy experts are increasingly warning of the undesirable outcomes of the proposal. President Joe Biden’s nearly $2 trillion social and…

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