05-31-2021, 08:08 PM
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Planar Protector
Join Date: Apr 2021
Posts: 1,458
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Biden set for G-7 boost
Quote:
Finance ministers from Group of Seven nations meeting in London on Friday are expected to back President Biden’s call for a global minimum tax on corporate profits, giving him an early win in a grueling diplomatic campaign that is just beginning.
The new minimum tax, one half of a two-pronged global reform effort, is designed to halt a cycle of corporate tax-cutting that has sapped government revenue around the globe.
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