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    Janet Yellen Proposes Bold Idea: The Same Minimum Corporate Tax Around The World

    The Treasury secretary is adding her support to a widely discussed proposal as part of the Biden administration's tougher approach to corporate taxes.
    by Scott Horsley Apr 05, 2021 2 minutes
    Treasury Secretary Janet Yellen listens during a meeting with President Biden in the White House on March 5. Yellen on Monday proposed a minimum global tax rate for corporations.

    It's an idea that has been debated widely across global capitals: impose the same minimum corporate tax rate all over the world to prevent companies from shopping around for the country that can offer the smallest tax bill.

    Now, it has a powerful new adherent. Treasury Secretary Janet Yellen on Monday expressed support for a minimum tax rate,

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