Political Quotes

Janet Yellen: “President-elect Biden has proposed increasing the corporate tax and making American companies that offshore jobs…”

On the recordJanuary 18, 2021
President-elect Biden has proposed increasing the corporate tax and making American companies that offshore jobs, reducing those incentives.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen discusses Biden's plan for corporate tax increases and job incentives.

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I definitely expect that we’re going to see them impact pricing.

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Corporate anonymity enables money laundering, drug trafficking, terrorism, and corruption.

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In 2023, Yellen said the decision was 'arbitrary and based on outdated data.'

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There will be a negotiation over what to do when these tax cuts expire.

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