{"id":579686,"date":"2021-07-02T10:20:50","date_gmt":"2021-07-02T14:20:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=579686"},"modified":"2021-07-02T10:20:51","modified_gmt":"2021-07-02T14:20:51","slug":"130-countries-throw-support-behind-biden-global-minimum-tax-plan","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/130-countries-throw-support-behind-biden-global-minimum-tax-plan\/","title":{"rendered":"130 countries throw support behind Biden global minimum tax plan"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2F130-countries-throw-support-behind-biden-global-minimum-tax-plan%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=579686&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2444198\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2444198\" class=\"wp-caption-text\">Secretary of Treasury Janet Yellen testifies during a Senate Appropriations Subcommittee hearing to examine the FY 2022 budget request for the Department of the Treasury, Wednesday, June 23, 2021, on Capitol Hill, in Washington. (Shawn Thew\/Pool via AP)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 7:16 AM PT \u2013 Friday, July 2, 2021<\/h5>\n<p>It appears 130 countries have issued a statement in support of a global minimum tax, in turn, giving backing to a key Biden administration agenda item.<\/p>\n<p>According to reports Thursday, the nations back a plan that was initially discussed during the G7 summit in June. It calls for a global minimum tax rate of 15 percent for corporations headquartered in their countries.<\/p>\n<p>The plan was highly supported by U.S. Treasury Secretary Janet Yellen prior to the summit. However, critics have said the plan favors foreign headquartered companies and workers over American ones.<\/p>\n<p>\u201cThat global minimum tax would end the race to the bottom in corporate taxation and ensure fairness for the middle class,\u201d Yellen stated. \u201cAnd working people in the U.S. and around the world.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">That global minimum tax would end the race-to-the-bottom in corporate taxation, and ensure fairness for the middle class and working people in the U.S. and around the world.<\/p>\n<p>\u2014 Secretary Janet Yellen (@SecYellen) <a href=\"https:\/\/twitter.com\/SecYellen\/status\/1401140689807810562?ref_src=twsrc%5Etfw\">June 5, 2021<\/a><\/p>\n<\/blockquote>\n<p>The nations are expected to finalize the plan at the G20 summit later this month.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/president-trump-n-y-charges-are-a-political-witch-hunt-by-radical-dems\/\">President Trump: N.Y. Charges Are A Political Witch Hunt By Radical Dems<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Secretary of Treasury Janet Yellen testifies during a Senate Appropriations Subcommittee hearing to examine the FY 2022 budget request for the Department of the Treasury, Wednesday, June 23, 2021, on &#8230;<\/p>\n","protected":false},"author":7,"featured_media":2315279,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-579686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/579686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=579686"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/579686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=579686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=579686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=579686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}