Congratulations to @POTUS @JoeBiden and @SecYellen and the many dedicated people who have been working for years on today’s global tax agreement –- probably the most significant international economic agreement of the 21st century.
oecd.org/tax/internatio… via @OECD
oecd.org/tax/internatio… via @OECD
This agreement establishes a profoundly important principal: countries should cooperate to raise corporate taxation, not compete and race to reduce to it.
Workers around the world will be better off because of this historic achievement that will enable tax burdens to be placed where they should be placed: on those most able to pay.
This is a triumph of general interests over special interests, of the denizens of Detroit over the denizens of Davos.
It is a template for much more that needs to be done with respect to the consequences of the adverse side effects of mobile, global capital.
It is a template for much more that needs to be done with respect to the consequences of the adverse side effects of mobile, global capital.
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